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TraderBl1nk
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Manipulation chart on $
BTC
haha. Took out weekly lows and instantly bounced.
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BTC
87,180.01
-1.58%
525
0
Replies
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$BTC still looking bearish, watch 59k lvl
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We might just chop sideways till the $BTC halving. Lots of ppl I know are expecting it to take out the sellside liq. at 59k. So if the crowd is thinking that, HIGH CHANCE we would not get that. So, we could possibly just start reversing here, not giving ppl the entry they want!
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I thought ystd will be the day $BTC dips below 60k to grab that sellside liq. But now, on CT, all I see is everyone pointing out the same lvl, which now makes me think we won't get that dip. When everyone has the same opinion, most likely it won't happen. So right now, I think we could have actually formed a local bottom. BTC halving in 2days and we might now pump towards ATH. But again, as per my analysis, 68-89k is key lvl. We flip 69k on the daily, we get a new ATH and then we target 80ks.
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$BTC current PA is still looking bullish. Backside retest of the broken bearish trendline. Would like to see $BTC hold above 69-70k for upside continuation. Do be mindful if we break back below 68k, that will not be pretty. Pre-halving dump in the cards too.
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Going all in on $RIVUS at tge.
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