These are two Bitcoin scripts I drew a few days ago.
My current thoughts are as follows:
1. The previous high at 83k is crucial. If it doesn’t break through, it remains in the state where the weekly swing highs and lows are syncing down together, and the weekly downtrend continues. If there is a breakout soon, it gets interesting—maybe it will follow the script of a direct launch provided in March this year.
2. Support at 73–74k is crucial in the short term: although the green trendline support is at 69k, if it really pulls back to 69k, then 69k will be broken instead—because a lot of people are going long during the decline. If a rebound really happens, this wave of short-term selling won’t come back into “hell” at 73k.
3. Here, it will be either: a top is formed and then it needs to go to 50k to form a triple bottom; or 58k has already put in a bottom, and then it pulls back to 73k without breaking, and continues higher.
Right now I don’t have any bias toward either of these two scenarios, but I believe a short-term pullback to 74k is highly likely. $BTC
#Daily Bitcoin【258】I’m completely stunned—my Bitcoin short position lost 220k in anger, but SanDisk made 700k. Let’s talk about a few ideas and what I plan to do.
#每日比特币 【257】Successfully went short at the highest point and made a profit of 300000u. Let’s talk about where to add to your position next. This time, plan is to turn the principal into 10x.#BTC走势分析
I didn’t send a message for three or four days because every day things were getting blasted—this is better now. I’ll chat with everyone for a bit. #BTC走势分析
Here it’s basically at the end. The push went way beyond my expectations. Originally, the loss from this round was also not small—overall I was down about 10% of total capital. I shorted 64 and covered at 65, shorted 69 and covered at 70, and shorted 73,600 and covered at 74,000 and lost again. In the past two days, my Bitcoin shorts lost about 1.5 million USDT, while stocks made about 0.4 million USDT—net loss about 1.1 million USDT.
This is just everyday trading life. It’s impossible for every trade to be right, and even very hard for most of them to be right. But you have to make sure that when you do make money, you make a lot, and when you lose, you lose less. The money in my account is basically earned in May and June. From 83,000 down, I made 1,200,000 USDT with 50w. And now I’m back to 80k—200w was sent back. As long as you don’t give it all back, it’s still profit!
Keep a good mindset.
How should we look at this from here? I think we’re moving through a standard parallel channel—two green lines are parallel. The upper boundary is 80,500. This kind of short-term vertical rally is to blow up short positions. Once it reaches the 79–80k area, it clearly meets resistance—because that’s where the previous OB was. A short-term pullback to 74,500 (0.236) seems appropriate. Once it gets there, most likely it will surge again to make a new high and sweep the liquidity of the 80k integer. After that sweep, it’s basically at the end. Then we look bearish toward weekly-level support at 50k.
#每日BTC 【253】 After the short order stop loss, it took off; Bitcoin went straight to script B’s bottom, up by 70k. Big gains after a small loss are coming!! #BTC走势分析
#每日BTC 【251】 After going short, it suddenly surged up—what’s going on exactly? Can it still drop? Let’s take a look at the chart and talk through the thinking. $BTC
#BTC is about to crash hard. Breaking the channel is to force a short squeeze + lure more buyers. Next, the downtrend continues. Here it's likely to draw a big letter A drop. Target: new lows. See you at 55k! $BTC
#每日BTC 【250】The good week begins—let’s talk about our expectations for the small-cap market and what the next two years might look like. Is there still hope for the crypto world?#BTC走势分析 $BTC
#每日比特币 【249】I hit big—shorts and longs both went crazy for profit by 500k. Let’s talk about expectations for what comes next in the price action and the logic behind the structure. $BTC #BTC走势分析
#每日比特币 【244】Although Bitcoin’s up-and-down retracements are substantial, the 4H choppy downturn trend is still continuing. A further plunge is being incubated.#BTC走势分析
$BTC first goal 57,500, second goal 56k, third goal 52k. Stick to buying the dip at 52k; don’t listen to them. Teachers who call for a bull market at 66k will tell you you’ve missed your chance at 52k. Block them—your investment journey will officially begin.