BTC - On Our Way To 100K
Mis à jour
Analysis:
- Trendline
- Liquidity Point
- Support & Resistance
- Order Block Flow
- Fibonacci Retracement
Target 1: $73923
Target 2: $82948
Target 3: $100,998 :)
ATH: Current All Time High
L: Liquidity Level
B: Buy Zone
$: Buy The Dip
Opinion:
The bull run continues on our march towards the magical 100k number
Any minor/major dips in the next few weeks need to be bought/accumulated
Do not fall for any potential FUD that may arise to cause BTC price to drop
Number go up ;)
- Trendline
- Liquidity Point
- Support & Resistance
- Order Block Flow
- Fibonacci Retracement
Target 1: $73923
Target 2: $82948
Target 3: $100,998 :)
ATH: Current All Time High
L: Liquidity Level
B: Buy Zone
$: Buy The Dip
Opinion:
The bull run continues on our march towards the magical 100k number
Any minor/major dips in the next few weeks need to be bought/accumulated
Do not fall for any potential FUD that may arise to cause BTC price to drop
Number go up ;)
Note
Here we goooooooNote
Will we clear the ATH? New week ahead lets see what we get price action wise!!!Note
We have the ETF incoming on Tuesday will this be a bullish or bearish catalyst?My vote is for the bearish catalyst unfortunately
But once we are done correcting we will continue pushing up towards 100k :)
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Decision time :)Note
NEW ATH!!! What an exciting time to be aprt of crypto industry and be involved with BTC :)Now lets see the reaction we get the next few days
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UH OH did btc top out?Are we headed down?
Will my chart play out?
Lets find out :)
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LOOK OUT BELOW :)Note
So it is very possible BTC retest the current ATH but not take it out That is my call so if we do get a pullback dont expect new ATH
The move up will only be to establish structure and then BTC will correct
I am still a long term bull but I understand and respect the market cycles
Be a bull when its time be a bull and be a bear when its time to be bear
Cause all that matters in the end is PROFIT
But again LONG TERM BULL here that is NEVER changing
Number go down :(
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Right on track I wonder what FUD they will release news wise in the next few days...Note
BTC is headed down...Charts looking good cant wait for discounts on alts
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My line should act like resistance as we head down but we are right on trackNote
Would you look at that? Like magic price drops as soon as they pullback into my trend line Retail traders are not ready for this incoming correction but this is where you make the real money :)
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Oh look at that BTC snuck outside my trend line you sneaky devil you Again that should be a red flag as I do believe this is a false pump to trap traders
So in the next few days I am expecting a major correction
I wonder what FUD news they will announce...
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So it looks like BTC is not done trapping traders long I even executed a quick long position as I see them retesting near the ATH again
That is fine with me if they want to drag out starting the correction
The name of the game is patience and price moves up price moves down
I am sticking with my analysis as I always do until price shows me other wise :)
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There it is...the retest into the ATH to get everyone excited and for them to take longs Once again I will say that I believe we are short and will correct
Watch what happens the next few days...will see the whole market red
Buy on down moves not up moves! Stop chasing pumps and bag holding
Note
Okay BTC you little devil you haha I see the games you like playing and I counter!!!Haha but no seriously always amazing when we reach new all time highs
I incorrectly made an assumption they would hold so I will OWN that L however...
When forming double tops or double bottoms they have 2 options on the second leg...
They can either HOLD or they can BREAK and I mistakenly went with the HOLD option so its all good
I say that to say my analysis is still in play and price will drop down to my buy zone
As you can see I really didn't work too much around the ATH my arrow shows them going up there and then going down...
i could have made small markings but not necessary cause i know the behaviors as previously stated above
So YES I am still expecting a major correction on BTC and YES I did attempt a short which hit stop loss but after that long play which i mentioned above the loss was null and void
So i am looking again to SHORT btc but will wait for a better price action setup
This is nothing knew to me as I caught BTC at 30K when i called the bottom back in july (chart is attached)
And I also caught the short from 52K down to the 40s...so I say all that to say this
Analysis > Entry
What I mean is as long as your ANALYSIS is correct the entry can and will take care of itself if you have good price action skills
But if your analysis is WRONG then it doesn't matter how many times you enter you will just lose
I have a rule of thumb that I only re enter 1 time and I rarely have to re enter but you want to limit the entrys to 1-3 (NFA) just a recommendation
Other successful traders have a similar rule of thumb...
So I will be sharing my short entry here once I retake the short because I believe in full transparency
I also believe in BACKING UP WHAT I SAY WITH LIVE TRADES so those again who have a lot to say ask them to show you their TV page and ask them to show you LIVE trades
Those with results have no problem showing their resume :)
Once btc gets moving down I will do another update but anyone longing right now its going to get REKT
Not being mean but people apparently enjoy learning things the hard way and over and over so couple more days and the fireworks start :)
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Would you look at that?Looks like I was right on the money with calling the correction
Back to the 50s we go :)
I will wait for my buy zone to be hit and then look for the right price action to buy more coins
Real traders welcome dips because we see it as a discount buying opportunity
Gamblers hate dips because they believe price only goes up...(yeah okay haha)
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Not much more to say that hasn't already been said!As price continues to drop the cash in my wallet is starting to get excited
Everything is fine with BTC of course and anyone thinking its game over is a fool
Up Down Up Down...It doesn't matter trade both ways and respect the market cycles
If you cant buy a correction correctly you will continue to struggle as a trader
How many times has BTC dropped?
How many times has BTC rebounded from said drop?
Its the same thing over and over again
As long as fundamentals are improving, which they are, price dropping is a discount buying opportunity
The game is simple to play most just are not playing it correctly
Note
Nothing much to add except we are NOT done dropping My buy zone will be hit
Patience is the name of the game
Most are not ready for this next push on BTC once this correction is over
We will most likely start rising early-mid Dec so lets see the next few days weeks :)
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Buy Zone has been REACHED!!! BOOMNote
Expecting a bounce in this week and the start of the reversal aka next push If you are not taking advantage of these discounted prices you are missing out
We will push the rest of the month
Those who think we are going to continue dropping are on the wrong side of the market
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