CryptoZeno

BITCOIN IS TESTING A VERY IMPORTANT LEVEL
BTC is sitting around $78,300 after spending the last few days chopping around beneath $80K.
On the 4H chart, the Bollinger Bands are starting to tighten again.
That usually means volatility is building.
The level I’m watching is $79,400.
That’s currently the upper Bollinger Band and just below the big psychological $80K level.
If BTC can break and hold above $79.4K-$80K, I’d be watching for a move back towards the $81K-$82K highs.
But there’s another side to this.
$78,200 is the 4H mid-band and the first level I’d want to see hold.
Lose that, and $77K

And shortly after, the bottom was formed for $BTC
At this point, the main argument against $57K being the cycle low is simply seasonality and historical price action fractals.
That's literally it.
Because almost every other metric is pointing in the opposite direction, suggesting that $57K was, in fact, the cycle low.
But you should know by now, markets don't repeat forever. At some point, BTC will do something it has never done before.
And when that shift happens, those relying purely on historical patterns will be the last to adapt.

Interesting correlation between USDT.D and $BTC right now.
So far, we’ve followed the 2022 structure almost identically. But at some point, there’s a good chance that correlation breaks and we do something different.
If we continue following 2022 for now, the path is fairly simple:
BTC enters an upper range and chops.
USDT.D fails to sweep its highs, instead forming a lower high before eventually rotating back towards its current support.
That support is the key level.
If USDT.D respects it, expect more chop and consolidation from BTC.
If USDT.D breaks it with significant weakness, that could

$BTC This week, we had three deviations outside of fair value.
The most recent one came after a break to the downside.
Usually, price retraces back into value, and price often gets pulled toward the POC.
This makes a retest of 78.8K likely this weekend.

$BTC It seems like there is strong buying interest around the $76K area.
The order book currently shows a large concentration of resting bids sitting between roughly $75.5K and $76.8K.
This suggests that buyers are willing to step in around that region, which could make it an important support area if price continues lower.
Considering that LTF structure has already turned bearish, I still think there is a decent chance that BTC trades into this zone before we see a stronger reaction.
What will be important is whether those bids remain in the book as price approaches them.
If they stay in plac

Far fetched but what if... $BTC
We’ve been following 2022 PA since the top. What if we’re witnessing re-accumulation before expansion?
As long as we hold the channel low, the structure remains valid. Fail to hold it, and I’ll be looking for the 75.6K low for scalp longs.

$BTC We could be inside the final leg of this Three Drives Pattern.
For confirmation, we would need to break above the 79.9k-80.4k region (Red Bearish OB).
Failure to reclaim this Bearish OB would likely result in a push back to the downside.
However, this setup does look convincing at the moment, and a sweep of the Monthly Range High at 82.8k wouldn’t be surprising before we finally see the market cool down a bit.
Make sure not to over-risk on your Short Positions.
The pullbacks to the downside will be limited, which is why the risk-to-reward on shorts is extremely low at the moment.

$SOL I'm expecting a correction on Solana over the coming weeks or sooner...
We're currently struggling to close above the resistance level at $100. Price has tapped this zone 3 times without breaking through.
This shows there's massive selling pressure at this region.
So where do I think we go from here...
I'm looking for a retracement down to the 0.5 fib level on the weekly around $88, before a push higher to reclaim the highs of $98.
If this move happens, I think we'll have enough buying pressure to eventually push through that $100 barrier.

$BTC Price is slowly breaking down, we didn't get the retest that we expected before the rotation towards range lows,
But overall it's playing out decently now after spot sellers started participating alongside perps selling.
My target for a bounce is 76-77k as we still have 2-4 days before the major pivot,
So it's very possible we chop or get a staircase up build into the pivot then finally dump.
Also not to forget we are coming close to the news events too,
And aligning them with the pivot, I think we are about the get the first correction of this pump / breakdown of this range.

$BTC Lower soon.
After a short deviation above the range highs, where price pushed toward $81.3K, BTC has now found acceptance back inside the range.
Price then retested the upper boundary of the range and is currently getting rejected.
The scenario I’m expecting next is a pullback toward the range lows to clear some of the liquidity that has started to build below.
If LTF structure flips bearish again, I’ll likely also look for a short scalp targeting $76K and potentially lower

Bitcoin Vector's impulse flipped positive from the lows.
$BTC has advanced roughly 20% since.
The strategy is currently fully allocated and in profit, and the next upside target sits at $82.8k.

TRAGIC: 16 years ago, 'Stone Man' formatted his hard drive and lost 9,000 Bitcoins.
BTC remain frozen there, worth $700M.
Pour one out for a legend!