$BTC UPDATE
My long on #BTC is closed
My plan has changed:
1. First long zone – $64,700 (DONE)
2. Second long zone – $62,500/$61,200 (DONE)
3. There is a Head and Shoulders pattern on the 1D chart (DONE)
4. First target – $68,500/$69,400 (DONE)
5. Second target – $72K (DONE)
6. Third target – $76K (SEE EXPLANATION BELOW)
7. After that, I expect the final drop to begin in August/September.
Bitcoin reached my targets within two days - this shows the strength of the market at the moment.
Therefore, I’m considering the possibility of a new target. As I mentioned before, once #BTC reaches our targets, we should see an altcoin rally - and it has already started.
As I said earlier, buying spot through DCA is not a bad idea. My $ETH long is still open, while my BTC long was closed at $69K.
To open a short, I need to see bearish structure first. I’m not going to try to catch a knife, so I haven’t opened a short yet.
If anything changes, I’ll let you know! DYOR.
REMINDER: I warned about the BTC bull trap at $82K, the summer drop, and the SPACE X decline before they even happened.
MY NEXT CALL WILL BE THE BIGGEST ONE OF THIS CYCLE.
TURN ON NOTIFICATIONS. MOST PEOPLE WILL FOLLOW ME TOO LATE.
My long on #BTC is closed
My plan has changed:
1. First long zone – $64,700 (DONE)
2. Second long zone – $62,500/$61,200 (DONE)
3. There is a Head and Shoulders pattern on the 1D chart (DONE)
4. First target – $68,500/$69,400 (DONE)
5. Second target – $72K (DONE)
6. Third target – $76K (SEE EXPLANATION BELOW)
7. After that, I expect the final drop to begin in August/September.
Bitcoin reached my targets within two days - this shows the strength of the market at the moment.
Therefore, I’m considering the possibility of a new target. As I mentioned before, once #BTC reaches our targets, we should see an altcoin rally - and it has already started.
As I said earlier, buying spot through DCA is not a bad idea. My $ETH long is still open, while my BTC long was closed at $69K.
To open a short, I need to see bearish structure first. I’m not going to try to catch a knife, so I haven’t opened a short yet.
If anything changes, I’ll let you know! DYOR.
REMINDER: I warned about the BTC bull trap at $82K, the summer drop, and the SPACE X decline before they even happened.
MY NEXT CALL WILL BE THE BIGGEST ONE OF THIS CYCLE.
TURN ON NOTIFICATIONS. MOST PEOPLE WILL FOLLOW ME TOO LATE.
