Today, we're 90% done with the script for $BTC day 27
The 76–78 price range will see buying pressure—but it will be identified as being in a short-term discount range!
Koiisyourname
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Bearish
Yesterday, we guessed the “dumping” zone was at 81K, but in reality it couldn’t even get up to 81K to dump!
Here are a few things to keep in mind this week: - Thursday’s interest rate decision is important. The FOMC statement and press conference will directly affect the price and short-term trend of $BTC . Of course, news is just an excuse for prices to go up or down—don’t believe what the capitalists say! - The current zone is neutral, the middle range between 87K and 75K (with a bias toward the 81K–75K range). - We’ve had two major sell-offs: from 87K to 81K, and from 85K to 79K. I think we’ll see one more sell-off, possibly this week (my guess is from 82K to 76K). That means the price will move around the 79–81 range and rise before or on Thursday, then crash again. THIS IS MY PERSONAL PREDICTION, WITH NO VERIFIED EVIDENCE. - Another possible scenario is that it crashes straight to 76K today or tomorrow, then rebounds on Thursday or Friday thanks to the FOMC and starts consolidating around the 80–75 range early (sideways).
Of course, there are also a few more optimistic scenarios, but I won’t mention them because, looking at the chart, they’re pretty unlikely—who knows, maybe it’ll shoot straight up from 79K to 87K one more time =))
TO REPEAT: THIS IS MY PERSONAL PREDICTION. I DON’T RECOMMEND YOU GUYS TRADE FUTURES AT THIS POINT BECAUSE THE TREND IS UNCLEAR AND IT’S HARD TO TELL WHETHER IT’LL GO UP OR DOWN.
I wrote this post myself—no damn AI involved! Cheers
Yesterday, we guessed the “dumping” zone was at 81K, but in reality it couldn’t even get up to 81K to dump!
Here are a few things to keep in mind this week: - Thursday’s interest rate decision is important. The FOMC statement and press conference will directly affect the price and short-term trend of $BTC . Of course, news is just an excuse for prices to go up or down—don’t believe what the capitalists say! - The current zone is neutral, the middle range between 87K and 75K (with a bias toward the 81K–75K range). - We’ve had two major sell-offs: from 87K to 81K, and from 85K to 79K. I think we’ll see one more sell-off, possibly this week (my guess is from 82K to 76K). That means the price will move around the 79–81 range and rise before or on Thursday, then crash again. THIS IS MY PERSONAL PREDICTION, WITH NO VERIFIED EVIDENCE. - Another possible scenario is that it crashes straight to 76K today or tomorrow, then rebounds on Thursday or Friday thanks to the FOMC and starts consolidating around the 80–75 range early (sideways).
Of course, there are also a few more optimistic scenarios, but I won’t mention them because, looking at the chart, they’re pretty unlikely—who knows, maybe it’ll shoot straight up from 79K to 87K one more time =))
TO REPEAT: THIS IS MY PERSONAL PREDICTION. I DON’T RECOMMEND YOU GUYS TRADE FUTURES AT THIS POINT BECAUSE THE TREND IS UNCLEAR AND IT’S HARD TO TELL WHETHER IT’LL GO UP OR DOWN.
I wrote this post myself—no damn AI involved! Cheers
Koiisyourname
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From what I can see, $BTC is already in the 81.2K–75.4K range! Based on the daily candles, we have: - Two lower highs — the start of a downtrend - Lost the 50 EMA, with a candle closing below the 80K zone - MACD has turned negative - Volume and upward momentum are still there, but not much in the 80–81K zone anymore!
WILD GUESS: today, the 80–81K range will be a “sell-off” zone, and in the short term, price will consolidate again in the 7x range (just a wild guess; if I’m wrong, so be it. This is just for fun—I don’t recommend you guys believe it and trade futures based on it.)
One thing remains: the weekly chart is still positive, and the weekly candle’s price range is between 87K and 75K! That range is too wide to determine the trend. BTC is currently in the middle, and its next move could go either way!
From what I can see, $BTC is already in the 81.2K–75.4K range! Based on the daily candles, we have: - Two lower highs — the start of a downtrend - Lost the 50 EMA, with a candle closing below the 80K zone - MACD has turned negative - Volume and upward momentum are still there, but not much in the 80–81K zone anymore!
WILD GUESS: today, the 80–81K range will be a “sell-off” zone, and in the short term, price will consolidate again in the 7x range (just a wild guess; if I’m wrong, so be it. This is just for fun—I don’t recommend you guys believe it and trade futures based on it.)
One thing remains: the weekly chart is still positive, and the weekly candle’s price range is between 87K and 75K! That range is too wide to determine the trend. BTC is currently in the middle, and its next move could go either way!
Koiisyourname
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I was thinking of taking a break from posting, since I’m currently juggling quite a few AI studio projects and don’t have much time. I’m still trading and keeping an eye on things, though :))
Today, let’s take a quick look back at $BTC ! 1. The “signal” I mentioned last month did show up, but it went a bit too far. I really didn’t want to see $BTC surge all the way to 8x, because then it would take a very long time to wait for an entry opportunity! 2. I’m waiting for an entry around 65K–7x, since that’s a pretty good area for deep accumulation. 3. The current medium-term candle is still holding in an uptrend, but it’s gradually weakening due to inflation and poor economic indicators in various countries (just a reason for a correction).
For now, BTC is sitting in the 81K support zone, right at the weekly candle’s EMA50! This is a fairly solid support zone, and also a sensitive area. If a daily candle closes below this zone, there’s a very high chance it’ll drop to the 70K–80K accumulation zone (which is what I’m waiting for).
If you have any questions, just leave a comment and ask! I’ll reply when I have some free time in the next day or two. I promise I’ll be more active :))
I was thinking of taking a break from posting, since I’m currently juggling quite a few AI studio projects and don’t have much time. I’m still trading and keeping an eye on things, though :))
Today, let’s take a quick look back at $BTC ! 1. The “signal” I mentioned last month did show up, but it went a bit too far. I really didn’t want to see $BTC surge all the way to 8x, because then it would take a very long time to wait for an entry opportunity! 2. I’m waiting for an entry around 65K–7x, since that’s a pretty good area for deep accumulation. 3. The current medium-term candle is still holding in an uptrend, but it’s gradually weakening due to inflation and poor economic indicators in various countries (just a reason for a correction).
For now, BTC is sitting in the 81K support zone, right at the weekly candle’s EMA50! This is a fairly solid support zone, and also a sensitive area. If a daily candle closes below this zone, there’s a very high chance it’ll drop to the 70K–80K accumulation zone (which is what I’m waiting for).
If you have any questions, just leave a comment and ask! I’ll reply when I have some free time in the next day or two. I promise I’ll be more active :))
RedSharkSt
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Where have you been? You've been gone for so long.
$BTC chart indicates the downtrend’s bottom has been reached. Many of the guys are starting to “catch the bottom” in the past few weeks. I already shared my perspective starting from June that the price has a high probability of consolidating in the 60-70K range, BUT right now I still haven’t bought any more shares 🥴
Waiting for something first!
Koiisyourname
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Spot needs to wait for this month's candlestick, you know? But the best move is to wait until the end of the washout! $BTC
Spot needs to wait for this month's candlestick, you know? But the best move is to wait until the end of the washout! $BTC
Koiisyourname
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$BTC A few weeks ago, I predicted that it would rise to 82-85-88K and then experience a strong downtrend back to the 65K zone. Currently, the price has hit the 82 mark and is retracing quite early compared to my initial expectations! (There are many issues and reasons for this, mainly due to the global football WC)!
Given the current state, the price is at the old buy zone from two months ago around 65K, coupled with an oversold condition on the 1H chart, so in the next 1-2 weeks, I predict sideways movement in the price range of 65-71K.
In the long run, I still believe that by the end of this year, BTC will recover from the bottom at 60K-65K, but the likelihood is only about 60%.
In the worst-case scenario, if it closes a candlestick below 65K in June - it might lead to another deeper drop to 53K-50K - the final support of this cycle (30% chance).
If it drops below 50K, consider it a year for selling salt! :)
$BTC A few weeks ago, I predicted that it would rise to 82-85-88K and then experience a strong downtrend back to the 65K zone. Currently, the price has hit the 82 mark and is retracing quite early compared to my initial expectations! (There are many issues and reasons for this, mainly due to the global football WC)!
Given the current state, the price is at the old buy zone from two months ago around 65K, coupled with an oversold condition on the 1H chart, so in the next 1-2 weeks, I predict sideways movement in the price range of 65-71K.
In the long run, I still believe that by the end of this year, BTC will recover from the bottom at 60K-65K, but the likelihood is only about 60%.
In the worst-case scenario, if it closes a candlestick below 65K in June - it might lead to another deeper drop to 53K-50K - the final support of this cycle (30% chance).
If it drops below 50K, consider it a year for selling salt! :)
$BTC has returned to the old support zone of 65k as I mentioned! This is the buy zone from the price range of 60-65k!
However, I won't be throwing any cash into crypto just yet, so there are two scenarios: we might see a short at the 60k - 65k - 7x range in the coming months, or we could completely break this support zone and continue a long-term downtrend until the end of the year and into next year!
The market is sensitive to trends, so take it slow and don't get too eager to invest!
Later, if I'm not lazy, I'll post an update on the charts!
With the World Cup coming up, keep an eye on meme coins related to football. As for the rest, it's not time to invest yet, and $BTC will likely retrace back to previous support.
$BTC The current update shows a complete loss of the bullish trend, and things are pretty shaky with the Fed changing the chair + governor, raising concerns about interest rates climbing as inflation hits 3.8!
The current candlestick chart is forming a large long-term range of 85K-75K since we haven't hit the 85K resistance on the weekly frame.
Before taking a position, we might see a price adjustment down to 79.2, and it could sideways in the 79-75K range; short-term trend is bearish.
Remember, we still aren’t in the buying spot price zone!
The market is tumultuous, be careful with the sparks! This weekend, it's better to go out and enjoy some fresh air instead of sitting at the computer all day :))
$BTC Scrolling through the newsfeed since the start of the week, I see everyone shouting 'short', and when it hits 80, the short pressure is on! This bubble is as big as a ripe watermelon ready to burst 🐧
$BTC Currently, we're siteway in the price range of 80.5-82.5.
An additional mint of about $1.5 billion has been made.
It's still a bit uncertain, but in my analysis, the price should continue climbing up to 85K, especially with solid buy candles around the 80K mark.
This week has been a bit lazy, and there haven't been any major shifts according to my previous analysis, so I've been slow to update. I'll post right away when there's new movement for you all!
$BTC Let's be straight. Based on my analysis of the model, this rally could hit a ceiling at 88K! However, here are some important notes based on indicator analysis:
- Key EMA levels are converging around 85K - Old sell points are hovering around the 85-82K zone - Buying opportunities have previously not appeared in the 85-82K range
So keep in mind: - The probability of hitting the ceiling at 88K isn't high. - The 85-82K area will be a battleground. - Selling could happen around the 85K mark and below. - The upward trend is expected to continue until mid-May, followed by a quick correction back to the buying zone!
This is a future prediction, not investment advice! The futures market can change at any time, so please consider carefully!