Are you watching the right data?
FireCharts reveals some shifting liquidity dynamics in the bitcoin:native order book on @binance around $65k.
Perma Bulls and hopium addicts desperately want to see support hold at $65k.
Confluence with the macro trend line, and the quick bounce from $65.5k, make it compelling.
The fact that we are now seeing a complete retrace of the bounce - is telling.
Bears want to see price cascade down to hades.
But history has taught us that fast violent moves in either direction aren’t typically sustainable.
As a disciplined trader, you put bias on the sidelines and let the data tell you how things are likely to develop.
Is there a chance that $60k holds as the cycle bottom?
Absolutely… but I’m not rushing to close shorts or start rebuilding a long for the next bull market.
Not yet…
Instead, I’m watching the liquidity games, order flow dynamics, Timescape Levels, and weekly RSI for clues.
A successful retest of support at the trend line or 200-WMA, an exponential increase in bid liquidity, order flow, Weekly RSI reverting, and an R/S Flip at $69k would make me start closing shorts and building longs.
Making a lower low under $59.9k would make me consider adding to shorts.
At this stage - my profits on BTC and ETH shorts are locked, a series of down range TP targets are set, and I’m looking to trade the volatility in either direction as opportunities present themselves.
I won’t wait until the 4-Year Cycle theory tells me what month I should flip long - I’ll let the charts and the underlying data guide that decision.
If you want to see my full analysis, check it here...
https://t.co/kzD5n92FXR
This is a critical support test for $BTC at what is arguably the strongest and most important part of the macro structure.
The Timescape R/S Flip line at $69k is:
💠The 2021 Top
💠The Q2 2026 Open
💠The area of extended periods of consolidation
💠The breakout level of the Election Day Trump Pump
💠The gateway to Bearadise
Do you think BTC price can hold above $69k?
@Reesejr917 Yes, my short is very happy rn...
The extended amount of time spent in this zone over the years has created structural integrity here, this zone will be a point of friction in both directions.
For now, it's the active playing field.
Do you think the local low at $59.9k holds.
BTC IS TESTING THE MOST IMPORTANT LEVEL ON THE CHART https://t.co/DHf4vVl9WA
Everything comes down to this level.
As I write this, Bitcoin is testing what I believe to be the single most important structural level on the entire chart:
The $69k Timescape R/S Flip.
This isn’t just another support line.
This level represents:
☑️ The 2021 Top
☑️ The Q2 2026 Open
☑️ Multiple extended periods of macro consolidation ☑️ The breakout level of the Election Day Trump Pump ☑️ And… the gateway to Bearadise
What happens here will determine where the macro bottom ultimately forms.
If bulls can defend this level and reclaim momentum, we may begin building the foundation for a broader recovery later this year.
If this level fails with weakness and momentum confirmation to the downside, the market could enter a much deeper phase of downside price discovery.
In today’s BTC analysis we’ll break down:
• Best and worst case scenarios
• Key support and resistance levels
• Momentum and RSI signals
• Order flow and liquidity behavior
• And the invalidation levels that will guide us through the next major move
Because right now, this isn’t about narratives.
It’s about structure.
And the signs are getting clearer.
📊 Trade the charts. Ignore the noise.
This is an absolute banger!
It may be an old post, but the lessons @PeterLBrandt is teaching are timeless.
As you guys know, I don't follow hype channels, but I do pay attention to seasoned analysts and traders like @PeterLBrandt and @BobLoukas.
What are your top 3 accounts you follow on @X for trading content?
ADVICE FROM A HALF-CENTURY FUTURES MARKET TRADER
Is your desire to trade futures for a living? Here are XX things you must understand to make it
1 of 23
Thread to follow ⬇️⬇️🧵🧵
@Crypto_f_V@PeterLBrandt I always have split TPs. My issue has to do with before that first TP is hit, and price reverts to red, or... after the 1st TP is hit, how much buffer to give the TSL so the trade has room to breath.
@Etaliano21@PeterLBrandt My issue isn't so much about what happens after my first target was reached, it's what happens before my my first target is reached.
@soheilpko@PeterLBrandt Exactly.
I'm here for the marathon. On the occasions this happens, it's a trailing SL in profit - capital preservation is the name of the game.