$btc
My current roadmap continued (75k, but longs on alts now)
Just mentioning it now. As you know, I like to be early on an idea, plan ahead, and be prepared plus adjust mindset accordingly with a stance of early expectation and ability to track the sentiment against it along the way.
That's why I'm leaving this idea right here right now early. Also as a roadmap because it's not just about ego of "I called it first". Credit where due yes, if we think about my 60k bottom call. But it's just good practice to update plan A and roadmap as soon as possible every time a large move happened.
Per recent feedback, I want to emphasize to not take my ideas as gospel, a guarantee, or as if I am always right.
Scroll down and you see how I have clearly shared losses in recent time, so let's not act like I never miss.
Yes, I execute live, I win a lot, I lose sometimes too, I make mistakes, I recover them, and move on. And I'm sharing every part of it because otherwise you (my audience) is being fooled.
So before reading on, know that this is a roadmap, not a trade (yet). Not a "Astro saids 75k, let me short now" type of post.
It's just expectations, of which we have zero confirmation so far. In fact, I am not looking to short here, I am still looking to continue to long (alts).
If I enter a trade, I will always tell you (unless sometimes not if it's a scalp).
And so I am posting this roadmap because I like to be early. And what's most important about this roadmap is the immediate future since that part is (has to be) the most accurate and that part is where the money is made.
Right now, that immediate future part tells us "long alts until topping signs are clear", and so that is exactly what we are doing.
Regarding if we actually top out and go to 75k, we again have no confluences to work with, almost nothing other than the magnet itself and the potential of a range deviation.
We do know that many are screaming that this is a breakout as if we are going to 100k and higher.
I don't think that is quite right, I think that is celebrating too early, and I think insinuating to max long $btc here is possibly also a major mistake.
Execution plan A
So my execution plan A remains the same and is on the screen: to continue to look for alt long setups here/let them complete further, especially the three I shared ($doge, $link, $near).
Next, to be prepared of expecting signals of weakness, and be prepared for, if we do see extended weakness, a move back deeply to 75k or lower, tapping back into the weekly range once more.
That last part, is not a promise, it's not a short yet, and it's not a "we will get spot buy 3 at 75k guaranteed", for anyone interested in my spot buy plan.
If I am forced to buy higher, so be it, that's plan B.
Plan B
Plan B is when we don't get 75k, say before breaking above 100k. In that case, it's to simply look at any macro range to form of equal size as prior weekly range, and operate positions from there.
If price relentlessly seems to move higher above 100k with a strong weekly structure, that's also not a bad thing, it means 2/3rds of all the dry powder is printing hard on spot.
But we look to position buy 3 and get further long exposure, from the forming range, so that must be done and is the next goal.
But as of now, we are nowhere near seeing that now, so there's no point of drawing or break the head on a high resolution scenario on that. We are still well below 100k, into large high timeframe resistance of equal strength as our 60k bottom support zone call.
And keep in mind regardless of that, that this is not a high timeframe top just for that reason and just because I drew a green box. For that, we incorporate cyclical timing, sentiment and more confluences that come along, and see that our bottom at 60k in Q3 idea is at the forefront, has shifted the macro trend, and so if we were to reject here, it doesn't mean new lows.
Final remarks
With that, I hope my current plan and roadmap are clear. Overall, not much has changed. My bottom call holds strong. The 75k level still isn't completely out of the question, especially with current timing and sentiment. But we do, absolutely do need more confirmation along the way to confirm a move back to 75k. And so continuing with these altcoin trades, catching easy 5-10% moves on alts, plus TP'ing more (done in recent post) of the positional 69k long meanwhile, is more than enough to recover the last short loss and continue our eternal upwards trend.