I review coins to help you. I'm not an overly bull technician, and not an overly bear one. I hope to be realistic, and I side with the higher odds side.
Humble $BTC Analysis. Has bits of Elliott's Wave Theory, SMC, OBs, MHCs, and assumes bearish continuation due to Holidays.
What I'd do: Long BTC both at the support OB and the Breaker Block OB on Spot. I'd feel confident to even Margin x3 on BTC once it's at the breaker block.
If you would like to short (which I don't recommend), do so only if the price gets to 102k, with SL at 104~105k-ish.
If you're day trading BTC, take the exact values in the image below (102k, 86k, etc) with a grain of salt. More often than not, the price won't reach these exact values, but will almost capture them. Leave your trades slightly before these values.
This coin can double at any moment. It's way easier for it to get an extra 10mil market cap than to lose 5mil. The few people that are holding it, will likely keep holding it; and it takes one small whale to liquidate the massive amount of shorts it has.
Yep, I'm defeated! It's beyond 101k by now, thus the previous Wyckoff distribution is invalidated. There will be no 86k, and I'd encourage buying if it falls a bit again.
No man stands in the front of a train, convinced the train will stop, unless he has several reasons to believe the train will stop.
I have several methodological reasons to believe BTC will make an U-turn and fall. It's not easy to go against the majority and yell that something's wrong, but if my theory and my gut back up the idea of a reversal, I will stand for my reversal, even if I get hit by this train on the face, lol.
The Green Investor
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Medvedje
Well then, we're pushing to the Last Point of Support. This scheme will be invalid the moment BTC surpasses 101k.
While this doesn't happen; I stand on BTC short, SL 101k. The declining volume also backs up the theory this is a bull trap.
BTC.D has to fall below 56%; otherwise, it will tend to increase.
Well then, we're pushing to the Last Point of Support. This scheme will be invalid the moment BTC surpasses 101k.
While this doesn't happen; I stand on BTC short, SL 101k. The declining volume also backs up the theory this is a bull trap.
BTC.D has to fall below 56%; otherwise, it will tend to increase.
The Green Investor
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Medvedje
$BTC update.
About three days ago I claimed that if we were to get a bullish breakout from 90k, that would mean 100k.
We got the bullish breakout and here we are, $97600. Now for the update: I don't think this will actually reach 100k from here.
While not that far away, on the 1d scale, there's a clear Wyckoff Distribution going on, and the price shouldn't surpass the last point of supply, at exactly 100k, for the structure to be valid.
This way, if the institutions are now pushing for Phase E, after an UTAD, the price should naturally fall from here, hard, all the way to 86k.
Essa é uma excelente pergunta. É natural pensar que não vai cair por ser janeiro de um último ano de alta, antes de um bear market. Porém ainda há muito tempo (28 dias) antes do mês acabar.
Deste modo, é totalmente possível que o valor venha a capturar 86k, talvez até mais baixo, e retorne para 100k para terminar o mês no positivo.
Eu poderia até mesmo dizer que toda essa euforia, todo esse ânimo do varejo, está servindo de contra-parte para a distribuição dos institucionais.
No entanto, caso o bitcoin venha mesmo a quebrar os 100k, venha a subir até para uns 108k novamente, aí nesse caso, está desconsiderada a chance de ocorrer uma correção aos 86k nesse mês; assim como estaria desconsiderado o Wyckoff na escala macro.
Jnr criptomed
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Não estamos inclinados para uma alta forte no mercado? Aparentemente mês de janeiro pós halving sempre foi positivo! Não que o ciclo se repita, mas fiquei assustado com suas palavr
With that shown, it's a good time to take altcoin profits, BTC long profits, and start setting up some short positions. You don't have to close all of them; some will do. Just be aware that if BTC ChoCHs and commits to a fall, we're retracing all this progress and alts die.
The Green Investor
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Medvedje
$BTC update.
About three days ago I claimed that if we were to get a bullish breakout from 90k, that would mean 100k.
We got the bullish breakout and here we are, $97600. Now for the update: I don't think this will actually reach 100k from here.
While not that far away, on the 1d scale, there's a clear Wyckoff Distribution going on, and the price shouldn't surpass the last point of supply, at exactly 100k, for the structure to be valid.
This way, if the institutions are now pushing for Phase E, after an UTAD, the price should naturally fall from here, hard, all the way to 86k.
About three days ago I claimed that if we were to get a bullish breakout from 90k, that would mean 100k.
We got the bullish breakout and here we are, $97600. Now for the update: I don't think this will actually reach 100k from here.
While not that far away, on the 1d scale, there's a clear Wyckoff Distribution going on, and the price shouldn't surpass the last point of supply, at exactly 100k, for the structure to be valid.
This way, if the institutions are now pushing for Phase E, after an UTAD, the price should naturally fall from here, hard, all the way to 86k.
I've heard they've set massive numbers of bots to talk well about $USUAL , and more and more I'm starting to believe it. That's why I'm growing increasingly unpleased by USUAL. Because the majority is usually wrong.
It will go up eventually, as any coin. If you are on spot, just wait forever until that day comes.
However, specifically on the point of $USUAL , people boost it more than necessary. It's nothing special, just a token that got a bit more of attention that need to double of market cap to get to ATH again.
Will happen, but will take some time.
Kaick_Borges
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Medvedje
E não sei oque fazer, sou iniciante e lucrei bastante com a $USUAL , porém dessa última vez comprei a 1,1$ e não se oque fazer pois não sei se ela volta a esse valor, algum investidor antigo ou com bastante experiência pode me dar alguma dica? eu ainda estou esperando.
1. Is there any chance that the price won't go to 86k? My cents: Yes but the implications of a bullish breakout from here are BTC going to 100k. Much more likely, it will indeed fall toward 86k.
2. Should I short? Should I long? My cents: You're trading? If trading, that's no moment to position yourself. The rationale is simple: If you go long (with leverage), you'll get liquidated in case the market falls to 86k quickly. If you short (with leverage), you'll get liquidated because a bullish pullback from here means 100k.
3. What's a good price to buy BTC? My cents: Now; 86k, 83k, 79k, 76k.
4. Is the bull market over? My cents: No.
The Green Investor
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Medvedje
The Green Fortune Teller 🔮🤩
Jokes aside, no. It didn't happen exactly how I planned out (BTC stopped at 94900 not 95600 which will bring consequences and implications but we'll talk about that later) and all of my prediction was based on one of Wyckoff's teachings.
Still, it was also a bit of a gut feeling. I've been there before. I've sen this price-action before and the strong hands love to toy with the retail, so "oh, the price will go up to then die" seemed fitting.
Jokes aside, no. It didn't happen exactly how I planned out (BTC stopped at 94900 not 95600 which will bring consequences and implications but we'll talk about that later) and all of my prediction was based on one of Wyckoff's teachings.
Still, it was also a bit of a gut feeling. I've been there before. I've sen this price-action before and the strong hands love to toy with the retail, so "oh, the price will go up to then die" seemed fitting.
Stay safe y'all. If BTC commits, to 86k we go.
The Green Investor
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Bikovsko
Good now! Today won't be a lateral day. $BTC holds great liquidity on both sides and whatever side is picked will rupture absurdly towards one side.
I personally believe in an initial bullish trend that will take the price from $93300 to $95600, this way accounting for the upwards liquidity as well as an order block; and then a downward bearish movement that will finally take BTC to the $91,000 zone.
I'm bullish simply because no big movement happens without a cause. "Wyckoff's Methodology in Depth" book says that "for each Effect there must be a strong Cause", so I don't believe a strong correction will come without a bullish fakeout cause first.
In this position where we are surrounded by uncertainties, perhaps Shorting and Longing at the same time is a good enough strategy. If it breaks out bullish, take long profits at 95000. If it breaks out bearish, take Short profits at 91000, then at 89000, then at 86000, which is the price that mitigates the lower order block.