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Hi everyone It's already been half a month since I posted. It's mainly because I shifted my focus to personal Polymarket trading. But this doesn't mean I gave up everything. I know that right now crypto isn't moving much. However I'm sure there will be new opportunities to make money soon. Making money is still my priority, no matter where my focus is.
$BTC Not much change in the last few days. This structure is weak and about to break down. We can expect Bitcoin to crash to 60,000$ once the move is complete. As I said in my previous post, a move to 64,000$ was possible to eliminate early shorts, and it happened. Now the market looks uncertain. But bears will certainly take over soon and confirm the breakdown.
$BTC WARNING ⚠️ Good morning everyone Today Bitcoin broke this expanding wedge to the downside, as bulls were unable to push higher. This means we'll most likely keep crashing until at least 60,000$ as the whole structure broke down. A quick move to 64k to liquidate early shorts is still possible, but in the end I believe we'll crash back down.
$BTC Bounced as I expected to 65 700$ Now this looks like a lower high and we're probably going to break this expanding wedge to the downside. if Bitcoin doesn't recover soon, this increases the chances of a continuation down.
$BTC Everything went exactly as planned We crashed back to 64 000$ Now expecting at least a small bounce from this level. If the bounce is too weak, this means bears have won. Let's see.
$BTC As I expected, we got rejected at the highs. 64,000$ incoming.
$BTC Good morning This is an expanding wedge ✅
$BTC We're starting to get rejected from this resistance. We made a higher high. This rising wedge is still in play. 63-64k is the next target. What's important in these kinds of situations is to watch closely how price reacts at each retest. Slow reaction = breakout in most cases.
A bit of a delayed reaction. But it was a pretty weird WC final match. Argentina only wakes up once the other team scored first, it seems.
$BTC Good morning! We made a higher high. Still in this expanding wedge. The most likely outcome is a rejection to 63-64k. Bulls would really surprise me if we kept pumping
$BTC High volatility. But overall, it looks like we're not making a higher high so far. If we get rejected to 63,000$, this is going to look bearish.
Am I dreaming or did England win 6-4 against France? 😁 Hopefully today adults are playing football
VAMOS ARGENTINA TODAY 🇦🇷🇦🇷🇦🇷
$BTC Perfect rising wedge so far ✅ No breakout from either side.
$BTC Clean bounce off 62.5k so far Will start a short trade if we immediately crash back down to 62.5k and fail to make a new high But so far, so good for bulls.
$BTC Good morning And we're back into our range, just as I had expected ✅ Nailed this move ✅ Every time, it gets harder to push us back to the highs as it requires more and more strength (higher highs). However, everything can happen in crypto and this is why I don't exclude any scenario. IF and I mean IF we don't bounce back up quickly once we hit 62.2k, then it means bulls are becoming weaker and the range becomes more likely to break. This would align with my bearish bias on the weekly timeframe. Mostly bearish from here, but not 100% either.
$BTC Back into the range ✅
$BTC Bitcoin is an absolute shitshow right now. Grabbing liquidity from both sides. Expecting price to crash once again, grab liquidity at 61k before bouncing back up. The real move will happen on the macro scale (weekly or daily chart). Lower timeframes are just distractions.
Finally someone eliminated France from the world cup 🙏🏻
$BTC LOL Send it back down now 📉 Liquidity grabs on both sides