During this panic sell BlackRock was buying $BTC šØ
According to Arkham (look pic2 š), past Friday BlackRock accumulated about 23k $ETH and 2700 $BTC
Do you know what does that mean?! Of course smart guys know when to buy and when to sell. And now they are buying and forcing you to quit the marketš¤·š¼āāļø
Have your plan in place, set goals and be prepared to bear losses. Without these steps you simply wonāt succeedš
LIVE
Fear and Greed
--
ANOTHER LIQUIDATIONS ARE INCOMINGšØ
Today, the second largest liquidation of long positions this year took place - the exchanges ācutā $844 million in the liquidation of long positions. However, there were more liquidations on December the 9thš„
Market makers are trying to convince to sell each and every paper hand during this second push backš¤·š¼āāļø
The decision is up to you hold or sell. However, Iām going to buy more if weāll see $91k š
Today, the second largest liquidation of long positions this year took place - the exchanges ācutā $844 million in the liquidation of long positions. However, there were more liquidations on December the 9thš„
Market makers are trying to convince to sell each and every paper hand during this second push backš¤·š¼āāļø
The decision is up to you hold or sell. However, Iām going to buy more if weāll see $91k š
As you probably already aware of huge liquidations on altcoins I am here to tell you the numbersš
During this sale 580K traders were liquidated, the total liquidations comes in at $1.75 billion. The market clears before the next move. I think we might stay here for a while before continuation of an uptrend š¤·š¼āāļø
This usually happens when market makers are preparing their next moveš
You were warned about it in advance! So hopefully you were safe during this liquidation stormš¤š¼
As you probably already aware of huge liquidations on altcoins I am here to tell you the numbersš
During this sale 580K traders were liquidated, the total liquidations comes in at $1.75 billion. The market clears before the next move. I think we might stay here for a while before continuation of an uptrend š¤·š¼āāļø
This usually happens when market makers are preparing their next moveš
You were warned about it in advance! So hopefully you were safe during this liquidation stormš¤š¼
So what can we see now on the chart?! $BTC has grown rapidly and then fell down and quickly bounced back š
Market makers on bitcoin donāt want you to earn money from long/short positions. So that with these moves they have liquidated most of the high leveraged tradersš¤·š¼āāļø
As I have mentioned before I have opened orders at around $90k. Thus, Iāve bought more bitcoin during this squeeze. Now I have position with an average price ~$82k which is in good profit alreadyš
What have you traded this time? Have you opened new positions or bought more?
As you can see we have successfully passed the bear trap. Now we are sitting in the zone of ārenewed optimismā. But do we really still here or we already in āfomoā zone?!
What do you think about that? Share your thoughts šš»
LIVE
Fear and Greed
--
Bullish
ANOTHER BTC PERSPECTIVE š¤
Letās look on bitcoin from a higher perspectiveš
On a weekly timeframe bitcoin is trading right at the middle of the HUGE ascending channel and trying to break the resistanceā
If we manage to break this resistance level successfully then our global target might be (and it could sound very ambitious and optimistic) at around $300k in April 2025š
On top of that, I have copied pattern from previous bull run (green candles) and as you can see it fits perfectly our logarithmic ascending channel with dates (April 2025) and maximums (300k per btc).
Do you believe bitcoin could manage to reach those levels in that short period of time? Share your thoughts below šš»
Letās look on bitcoin from a higher perspectiveš
On a weekly timeframe bitcoin is trading right at the middle of the HUGE ascending channel and trying to break the resistanceā
If we manage to break this resistance level successfully then our global target might be (and it could sound very ambitious and optimistic) at around $300k in April 2025š
On top of that, I have copied pattern from previous bull run (green candles) and as you can see it fits perfectly our logarithmic ascending channel with dates (April 2025) and maximums (300k per btc).
Do you believe bitcoin could manage to reach those levels in that short period of time? Share your thoughts below šš»
Hello guys š¤š¼ Letās make a plan for this bullish cycle so we donāt miss the key points where and when to act in the market š
Iāll break it down by phases according to FIVE STAGES OF GRIEF:
šø DENIAL. Weāre currently at the lower boundary of the ādenialā zone, where those who were predicting $10K for Bitcoin are no longer around, feeling the pain. Theyāll be our control group to set levels. šø BARGAINING. Soon, this pain will intensify, leading to the ābargainingā phase, where weāll likely see the breakout of the Fibonacci fan channel around $80K. šø ANGER. Next, āangerā will come with breaking the $100K psychological level. Dynamic resistance here will attract those disillusioned by previous cycles. Theyāll remember selling BTC at lows around $2,000-$3,000, and FOMO will take over, prompting them to buy in. No one will want to miss out on this financial ride. šø DEPRESSION. During this rush from āangerā to ādepressionā (from buying at peaks), weāll likely hit $120K-$150K per BTC. Here, Iāll begin offloading my position since the next phase is pure madness. šø ACCEPTANCE. āAcceptanceā may come above $150K, where even taxi drivers and food stall owners will suddenly be crypto experts, and euphoria will flood the world. We all know what happens in such moments an abrupt exit from the market.
Previous scenario with correction to the levels $75k-73k is not valid anymore š¤·š¼āāļø
However, we should prepare ourselves a bit for a small correction before $100k and here is why:
šø Bitcoin is hugely overbought according to RSI levels šø Second stage of grief is here. The anger stage is a common response to grief, characterised by feelings of frustration, resentment, and a sense of injustice. People who wanted to buy at 10k, 30k and so on now entering the market hugelyš šø Market maker doesnāt want to let them earn money from this growth, that is why I believe we will see some pushback soon before we reach $100k š¤
What are your thoughts on bitcoin these days? Do you think we will manage to break $100k resistance from the first try?
Hello guys š¤š¼ Letās make a plan for this bullish cycle so we donāt miss the key points where and when to act in the market š
Iāll break it down by phases according to FIVE STAGES OF GRIEF:
šø DENIAL. Weāre currently at the lower boundary of the ādenialā zone, where those who were predicting $10K for Bitcoin are no longer around, feeling the pain. Theyāll be our control group to set levels. šø BARGAINING. Soon, this pain will intensify, leading to the ābargainingā phase, where weāll likely see the breakout of the Fibonacci fan channel around $80K. šø ANGER. Next, āangerā will come with breaking the $100K psychological level. Dynamic resistance here will attract those disillusioned by previous cycles. Theyāll remember selling BTC at lows around $2,000-$3,000, and FOMO will take over, prompting them to buy in. No one will want to miss out on this financial ride. šø DEPRESSION. During this rush from āangerā to ādepressionā (from buying at peaks), weāll likely hit $120K-$150K per BTC. Here, Iāll begin offloading my position since the next phase is pure madness. šø ACCEPTANCE. āAcceptanceā may come above $150K, where even taxi drivers and food stall owners will suddenly be crypto experts, and euphoria will flood the world. We all know what happens in such moments an abrupt exit from the market.
I have re-entered btc when my previous post was published. Now my position is in huge profit +69%.
I have just booked part of my long position. Will look for an opportunity to buyback later at around $74k-76kš¤
What about your trades? What have you traded these days?
LIVE
Fear and Greed
--
Bullish
KAMALA OR TRUMP?! NEVERMIND š¤·š¼āāļø
Bitcoin is going to rise again despite the results of the US elections.
If you look at the daily chart you can find that we have already tested previous resistance level twice and both time buyers could manage to hold the price from crashingš
On top of that, we can also look at the bitcoin statistics š Each halving year not only October was successful for bitcoin but also following two months (November and December). Look for 2016 and 2020 on the second picture š
Soon I will share my trading plan for November. For now I can say that we are really close to the beginning of the parabolic growth phase š
Hello guys š¤š¼ Letās make a plan for this bullish cycle so we donāt miss the key points where and when to act in the market š
Iāll break it down by phases according to FIVE STAGES OF GRIEF:
šø DENIAL. Weāre currently at the lower boundary of the ādenialā zone, where those who were predicting $10K for Bitcoin are no longer around, feeling the pain. Theyāll be our control group to set levels. šø BARGAINING. Soon, this pain will intensify, leading to the ābargainingā phase, where weāll likely see the breakout of the Fibonacci fan channel around $80K. šø ANGER. Next, āangerā will come with breaking the $100K psychological level. Dynamic resistance here will attract those disillusioned by previous cycles. Theyāll remember selling BTC at lows around $2,000-$3,000, and FOMO will take over, prompting them to buy in. No one will want to miss out on this financial ride. šø DEPRESSION. During this rush from āangerā to ādepressionā (from buying at peaks), weāll likely hit $120K-$150K per BTC. Here, Iāll begin offloading my position since the next phase is pure madness. šø ACCEPTANCE. āAcceptanceā may come above $150K, where even taxi drivers and food stall owners will suddenly be crypto experts, and euphoria will flood the world. We all know what happens in such moments an abrupt exit from the market.
Bitcoin is going to rise again despite the results of the US elections.
If you look at the daily chart you can find that we have already tested previous resistance level twice and both time buyers could manage to hold the price from crashingš
On top of that, we can also look at the bitcoin statistics š Each halving year not only October was successful for bitcoin but also following two months (November and December). Look for 2016 and 2020 on the second picture š
Soon I will share my trading plan for November. For now I can say that we are really close to the beginning of the parabolic growth phase š
Bitcoin is going to rise again despite the results of the US elections.
If you look at the daily chart you can find that we have already tested previous resistance level twice and both time buyers could manage to hold the price from crashingš
On top of that, we can also look at the bitcoin statistics š Each halving year not only October was successful for bitcoin but also following two months (November and December). Look for 2016 and 2020 on the second picture š
Soon I will share my trading plan for November. For now I can say that we are really close to the beginning of the parabolic growth phase š