Bitcoin (BTCUSD) - $99,000 Would Really Piss People Off!

25 Jan

When Technicals talk, I listen.

Weakness is starting to show inside of a premium range after an attempt on all-time highs whilst Donald Trump made an announcement on Monday.

As somebody who is pro-crypto, such speeches should strengthen the price of Bitcoin but the opposite happened.

Smart individuals buy when there is panic in the marketplace and there is plenty of opportunity to dollar cost into BTC below 88K but for the time being, 99k is the price point to keep an eye out for.

30 Jan

Trade aktif

The price of Bitcoin traded below $100,000, as i anticipated but what I did not account for was a pullback that same week.

The bearish target of $99,000 has been met for the week due to Mondays volatility but since then, we have seen an upwards thrust towards the weekly wick consequent encroachment.

Bias is still bearish until proven otherwise.
Candle body closure below $105,759 will secure the bearish bias.
Above $ 107,200 will negate the bias

31 Jan

Catatan

Price is trading within a very narrow range.
$105,559 is the weekly ATH C.E and this the price point i do not want to see a daily candle body close above if we are to keep up the bearish bias.

So far so good.

Although three prior days high within the range was attacked today, price closed below Wednesdays high indicating weakness.

Aiming for low hanging fruits and calling shorts to the daily FVG level which has been tested multiple of times is my next point of call. $102,240 - $100.884

31 Jan

Trading ditutup: target tercapai

$102,240 first point of interest has been delivered to.
Looking out for the lower regions to fill @ $100,884 for profit taking 2

2 Feb

Catatan

4 hours to go...
Do you think price will close below $99,000?

2 Feb

Catatan

Will the stock index replicate what we are seeing here with BTC?