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$BTC daily chart
2 indecision candles in a row
Bitcoin is and remains weak because we can't form a lower high easily and sustain our uptrend.
Despite the appearances, price won't dump instantly because liquidity, algorithms and FOMO are slowing us down.
I won't be able to update until tomorrow morning as I'll be in the plane.
However, Bitcoin could wait until the Monday stock market opening to make a move.
BTC0,08%
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$BTC
It's the weekend. Traditional markets are closed.
Not expecting big moves this weekend.
Just a quick spike to 68k.
On the way down, as price crashes back down to 66k, I'll probably try a short and bet on a breakout to the downside.
Also, nothing is fully confirmed yet. Bitcoin showed its first weakness when we made that move to 66k. If we keep grinding down, this should reinforce my conviction that bears are in control.
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This is the scenario I envision for $BTC
A quick bounce to grab liquidity back to 68k.
Then bears keep pushing us down slowly but surely until we reach the next support level.
This happened in January.
It can repeat now.
BTC0,08%
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GateUser-0fa6f64dvip:
yeah
$BTC
You're not ready.
The third part of the crashs is upon us
If this patterns repeats, which is my preferred scenario now, 50k is coming.
Welcome to the bear market.
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ConfidentlyAndStrictlyvip:
↑84000
$BTC WARNING ⚠️ ⚠️ ⚠️
THIS IS BAD
Bitcoin broke from its range.
We're not in an uptrend anymore.
After weeks of indecisive price action, Bitcoin finally made a move.
This signals weakness on the buyers' side.
My most likely scenario is bearish, with some quick bounces here and there but nothing serious.
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🟩🟩 $BTC LIMIT LONG TRADE 🟩🟩
ENTRY: 67504
STOP-LOSS: 65800
TAKE PROFITS: Taking 50% out at 71490, the rest at 74920
Leverage: 35X
I am remaining consistent with my initial idea on Bitcoin.
We're in an upward-trending range, making higher lows.
Keeping a limit long open at the bottom of the range.
BTC0,08%
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$BTC
WAIT for PRICE to reach the TOP or BOTTOM of the range ⚠️
Since February, price has formed this upward-trending range with higher lows and higher highs.
This structure could eventually break out to both sides. However, bears have an edge as breaking to the upside would require incredible strength.
We're currently in the middle of the range. Whatever price does in the coming days, I'll be shorting the highs and longing the lows.
This is the smartest thing to do now.
BTC0,08%
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CryptoMaximalistvip:
We are going to $80k this month 🔥🚀
🟩🟩 $BTC LIMIT LONG TRADE 🟩🟩
ENTRY: 67231
STOP-LOSS: 65442
TAKE PROFITS: Taking 50% out at 70857, the rest at 75442
Leverage: 30X
Despite the Trump post and the pump that resulted from it, the basics don't change.
I'm still keeping a limit long open at this key support level.
The uptrend remains strong overall.
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$BTC
TRUMP'S POSTS RULE THE MARKET
On March 22nd, Trump dumped the market with a post threatening Iran
Now, we got this big pump because Trump posted encouraging news regarding a potential ceasefire.
I suggest everyone steps down on trading a bit and focuses on the key levels and the current range we're in.
Still keeping the long at 67k just in case we retest the lows.
BTC0,08%
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🟩🟩 BTC LIMIT LONG TRADE 🟩🟩
ENTRY: 66978
STOP-LOSS: 65188
TAKE PROFITS: Taking 50% out at 70857, the rest at 75189
Leverage: 30X
$BTC already bounced 3 times previsouly on this trendline.
Usually, price reacts well to such levels.
Will try a long there.
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$BTC
We currently remain inside this rising wedge formation
Now I'll be waiting for 67k, which is the real key level here, to start a long trade.
As always, patience wins.
Let's not rush into trades right away.
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$BTC
Price moved slowly this weekend
But so far keeps making higher lows.
Looking good
Keeping my long trade open.
BTC0,08%
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🟩🟩 BTC LONG TRADE 🟩🟩
ENTRY: 70590
STOP-LOSS: 69070
TAKE PROFITS: 74910
Leverage: 45X
I believe we can try this scenario for $BTC
Price is currently making higher lows in a favorable context when we look at altcoins.
A retest of the highs doesn't look unreasonable.
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$BTC
This is how the recovery could look like
Although we're near a very important level on $BTC ETH and SOL, liquidity is placed roughly at different spots arounds this level.
I don't believe it's the best time yet to start a long (a quick wick down could flush longs), but a DCA long on the way down looks OK.
Waiting it out a bit to see what the market does next.
BTC0,08%
ETH1,14%
SOL1,09%
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$BTC
Were currently retesting this support level.
ETH is behaving in the same way.
Bad time to try shorts
Watching the reaction.
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ETH1,14%
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$BTC
Good morning
Bitcoin is still holding above 74 000$
We had a pretty good daily close
Still holding my long trade with stop-loss around break even
I try not to worry much about lower timeframes as we had this massive breakout I talked about on the HTF.
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🟩🟩 BTC LIMIT LONG TRADE 🟩🟩
ENTRY: 73510
STOP-LOSS: 72130
TAKE PROFITS: Take 50% out at 77000, the rest at 78850
Leverage: 45X
$BTC broke out of this whole structure on the daily chart, as stated in my daily analysis.
Also, ETH SOL and alts are printing even clearer patterns.
All this leads me to believe the market is about to pump hard.
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ETH1,14%
SOL1,09%
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$BTC
It finally happened.
We broke out of this whole structure.
And the ETH/SOL + other alts confirms it.
My short got invalidated, closed at break even. I'm adapting quickly and shifting my bias. As I said, I'm prepared for both scenarios.
Now expecting a big move to the upside in the coming days.
It is time.
BTC0,08%
ETH1,14%
SOL1,09%
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🟩🟩 $US LONG TRADE 🟩🟩
ENTRY: 0.004206
STOP-LOSS: 0.003978
TAKE PROFITS: Take 50% out at 0.00465, the rest at 0.004967
Leverage: 17X
$US is a smallcap that is currently in a strong and steady uptrend.
I usually do some trend following in that case and this is why I'm longing this coin.
US16,12%
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$BTC
Expecting a potential retest of 74k before a rejection.
ETH and SOL look both about to top if they keep pumping.
We're in a choppy market so this all makes sense.
BTC0,08%
ETH1,14%
SOL1,09%
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