Some people are asking me why we are not doing daily trades.
If you look closely, we are seeing 5โ10% faster moves that will trap people inside โ they wonโt be able to exit and will gradually lose their whole balance.
We have already opened a BTC trade, and we will wait for it to reach our target of $90K. After that, we will decide what the next move will be and where to position.
If we catch these big moves, then there is no need for daily trades.
Once the market has better stability, we will start with futures again, but only with quality setups.
BTC is following our script. At $116K last week we took profits and started opening shorts. Today, just one week later, BTC is down -8% exactly as predicted. But this is only the beginning โ the weeks ahead will be brutal.
๐ Whatโs happening?
Short-term holders (1โ6 months) bought in between $115.6K and $107K.
BTC is now trading below those levels = most recent buyers are underwater.
Still, thereโs no panic. No capitulation. No real fear.
๐ Market makers will push the market lower until true capitulation begins. Zone $107Kโ$108.9K is the last line of defense. If it breaks, the next target: $90Kโ$94K. Thatโs just Act One.
Historically, bull markets have corrections of 25%+. Right now, weโre only ~10% off ATH โ too soft, too weak. Weak hands must be flushed.
๐ Wall Street insiders are dumping! 200+ insider trades last week โ zero buys. Only selling. Thatโs a crystal-clear signal: those closest to the money donโt believe in the rally. Do you think crypto will be different?
โ ๏ธ This market is not in fear yet. Not in capitulation. Still in denial.
What I have seen so far continues to be the same as in the previous chart. BTC is moving in the 67-70k range ๐, confirming once again that the rise will be inevitable ๐. What I expect is for BTC to continue towards the 74k target ๐ฏ.
We must always remember that the 67-70k range will be an accumulation phase ๐. I believe we are Bullish ๐, and what I expect will be seen once BTC surpasses 74k ๐#Bitcoinโ #BTCโ #BULLRUN24
#Bitcoinย can easily pump to 70k region and people will still be scared to buy due to recent weeks of sideway movement. The big FOMO will start after 74k this time #CMEBitcoinSpotTrading
โ We are witnessing a solid movement in BTC, indicating its strength. BTC continues to remain bullish, and I believe the first target it will reach will be 64k.ใฝ๏ธ๐ฏ$BTC
Most of these patterns and chart analysis are absolute crap and worthless. Do you know that strongest Al Aladdin system draws these patterns right into the chart? Do you know that most of these patters are just pure manipulations? There are much better indicators to watch..
Calm down, we are not dumping. We moving in the same range we move in in the last 60 days. These sudden price fluctuations are unpredictable. All we can tell is after this sideway itโs 80k and above
"๐ Bitcoin is accumulating well in the 60-70k zone, and the recent correction it made to 59-60k offers a great opportunity to start targeting 77-80k.
๐ I'm optimistic that Bitcoin will continue to 70k and then push on to 77k and 80k.