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$BTC
We're cleanly bottoming out now.
Bulls are not letting go and remain strong enough for a potential push back to 63k
I won't start the big short now and wait for the bounce then retest of this key support level around 60k
BTC-3.08%
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$BTC
Yes, it takes time.
And yes, maybe there is two weeks between now and the big crash.
We're currently retesting the lows since a few days.
A move to 63 000$, followed by another retest of 60k is not out of the equation.
On the daily chart this would make sense and give us a better confirmation for potential shorts.
I'm delaying my shorts because we don't have a full confirmation yet that 60k fully broke.
So I'm waiting for now, let's stay patient.
BTC-3.03%
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NexaCrypto:
To The Moon 🌕
$BTC
Happy weekend everyone
Bitcoin can still bounce here. However, if we don't see a quick recovery and instead grind towards the lows at 58k, this will increase the chances of a breakdown.
I don't want to enter too early into a trade so I'm still waiting before pulling the trigger for a short.
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$BTC
Bitcoin is very volatile right now.
I'm looking for a short that would look like this.
Still waiting a few more hours before pulling the trigger.
I'd like to see Bitcoin stagnate a little over the weekend.
BTC-3.03%
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$BTC
Good morning. It's very hot currently in Belgium.
Today, Bitcoin bounced strongly and we're now safe from immediate collapse.
By the way, we bounced perfectly at 59 000$, making it a clean double bottom.
However, no matter how strong the bounce is, IF and I repeat IF we retest the lows at 59k repeatedly, the support becomes weaker and we become more likely to crash down hard.
For now, I'm not making a move yet.
Who knows, we may even recover to 67k.
BTC-3.08%
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$BTC
THIS IS BAD ⚠️
Since that recovery a few weeks ago, this is the first time we crashed so hard on both higher and lower timeframes.
From here on, the only way Bitcoin can avoid crashing to 57k and below is if we have a strong bounce now.
In the next 48 hours, if we don't have a strong rebound, you can be sure we're going lower.
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$BTC
Good morning
Now it's still unclear what Bitcoin is going to do.
We have no clear pattern so far.
The only thing we can hope is a potential bounce on 61k support level.
BTC-3.08%
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🟩🟩 JTO LIMIT LONG TRADE 🟩🟩
ENTRY: 0.5944
STOP-LOSS: 0.5248
TAKE PROFITS: 0.8543
Leverage: 8X
$JTO has successfully bounced on this support level multiples times before.
Trying a long at the next retest.
If my entry doesn't get hit within the next few days, I'll update the trade according to where the trendling is.
Risking 1250$ on this one.
JTO-2.53%
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$BTW is currently in a really strong uptrend.
Could potentially pump like VELVET.
Watching this coin closely.
BTW9.79%
VELVET0.41%
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GateUser-36fdb02b:
btc
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$BTC
Good morning
The next move for Bitcoin still remains unclear.
I'm still waiting and expecting Bitcoin to form some kind of pattern by hitting either side of this range.
The big move is not ready yet, though Bitcoin doesn't look too strong...
BTC-3.08%
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$BTC
Despite the ceasefire and oil price decrease, Bitcoin couldn't hold 65k.
It looks like we're going to retest 61k. I don't expect a magic bounce here, quite the opposite actually.
A weak bounce means 61k will be ready for shorts because the structure will be weak if we can't bounce hard.
61 000$ is really a level to watch out for, but first we need a good retest.
BTC-3.08%
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$BTC
MASSIVE FAKEOUT BEFORE WE DUMP?? ⚠️ ⚠️
I initially though Bitcoin would start to range after the crash 2 weeks ago.
However, it appears that we are recovering fast and this could turn into a liquidity game from now on.
Many shorts are stacked up to 74 000$
Price could indeed grab liquidity all the way up here before a strong rejection as big players step in.
And then this would play out like a bearish descending triangle.
Interesting scenario
BTC-3.03%
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$BTC
Good morning!
Bitcoin pumped because a peace agreement between the USA and Iran was announced.
However, this doesn't change anything for Bitcoin when we look at the big picture.
The dump from 73k to 61k was so fast and powerful that I believe a V-shaped recovery is very unlikely here.
Instead, we'll probably get back into some kind of range in the upcoming days.
Still waiting to see how this whole thing is going to play out
BTC-3.08%
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$BTC
It's weekend.
The market is moving slowly and Bitcoin hasn't moved in the last 24 hours.
Still expecting a dump from this level sooner or later as price usually tends to range following a major crash.
Remaining patient until we get something to work with.
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$BTC
We're at the top of the range.
61 000$ incoming in a few hours.
BTC-3.08%
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$BTC
We're now in a good old range. Finally something is happening here.
This is a logical reaction because the market seems undecided after this hard dump.
I am still waiting a bit more, Bitcoin isn't fully ready yet for a long or short set-up.
However, we can already watch how price behaves between 61k and 64k, see if there is any weakness and prepare for a potential short.
As I said before, bulls are less likely to make a comeback here because of the overall trend, the fact that ETH made a new low and the 4-year cycle.
BTC-3.08%
ETH-3.02%
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🟩🟩 AIA LIMIT LONG TRADE 🟩🟩
ENTRY: 0.0525
STOP-LOSS: 0.046
TAKE PROFITS: 0.0808
Leverage: 8X
$AIA is once again in a bottoming cleanly, even more cleanly than in March.
Placing a limit long trade at the lows (0.0525).
Risking 1000$ on this trade.
AIA-2.25%
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User_UA_wins:
May the Lord keep you.
$BTC
Good morning
We're beginning to form some kind of range on lower timeframes.
I expect Bitcoin to get squeezed more and more in the next few days until it finally breaks down and retests the lows.
It is still too early to short but the time will come sooner or later.
BTC-3.08%
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NexaCrypto:
To The Moon 🌕
$BTC
Good morning everyone
On lower timeframes, Bitcoin is starting to stall a little.
We remain in an uptrend, but so far no strong bounce around our support level.
Price often ranges after a crash, so it would only be natural for Bitcoin to retest the lows at 60k.
Not jumping into any trade, just waiting for Bitcoin to show me a clear pattern of what's happening.
BTC-3.08%
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