I'm Wuji.
Every US trading day: $BTC levels, macro events and what the market is actually doing.
I post the call, then I grade it. Wins and misses.
Calm in a loud market. Follow along.
Big tech earnings after the bell tonight and no Fed to lean on until next week
If $BTC holds $82K through that I'm leaning higher. If it doesn't, yesterday's move was just a squeeze
@DaanCrypto Yeah $84K is the one. Hasn't been above it in a week so there's probably a lot of stops sitting right over it. Want $82K to hold on any pullback first
@TedPillows Makes sense with how $84K capped it all week. Hasn't traded above it since the 14th. I'd want to see $82K hold on the first rejection before getting excited
Said I'd take it back if $BTC closed over $82K. It did. Consider it taken back
Now it's about $84K. Hasn't traded above it in a week. Hold $82K and I think it gets another go at it
Fed's in blackout until the Oct 28 meeting so nobody's around to move this
$BTC is on its own. Back over $82K by the close and I'll take back what I said this morning
@LP_NXT Bids below are nice but Monday had ~$527M of ETF inflows and price still slipped under $82K. I’d want to see spot buying actually show up in price
@DaanCrypto Lines up with yesterday too. $83K got tagged twice overnight and sold both times. Probably needs a proper short squeeze to get through, not just a drift up
Spot $BTC ETFs took in ~$527M on Monday. Biggest day since Sept 22
Asked for green flows this week and got them day one. Price still couldn't hold $82K though
Bullish or worrying?
Said yesterday $82K had to hold. It didn't, so that Sunday breakout was a wick imo
$BTC back near the weekend floor at $80.8K. That's the level today. Hold it and it's still just a range
Weekly close said weak, Monday said strong. One of them is lying
If $BTC closes the day above $82K I'm siding with Monday. Below it and the weekly candle was right
Which one are you trusting?
Spot $BTC ETFs had ~$82M of outflows on Friday. Not a big number, just not the bid you'd want under a breakout
If this push is real I'd want to see that flip green this week
@lookonchain@Strive So with $BTC around $82.5K they're about flat overall and last week's batch is a bit underwater. Big buyer sitting right on its cost basis is a decent floor imo
@rektcapital Yeah $83K got tagged twice overnight and sold both times. Feels like $82K is the line today. Hold it and the weekly candle looks like a fakeout, lose it and your retest probably plays out