#007.1 BITCOIN TO 90K

VOLUME REBOUNDING, THIS IS THE MOVE. I'LL TAKE THIS CALL VS ANYBODY FOR BITCOIN TO 5/1.

Notes: What does that even mean? It means I'm confident about this one. More so then ATH call last year (while the world was calling for 6K).
BTW, I don't know what ES is doing. But the way things are shaping up for 4/12 - 5/12, I can't see it going down either.

ENTRY: 12:25 PM ET THUR APRIL 8 @ 57722
TARGET 88888
TAKE PROFIT 87722 (30K)
STOP 53333 (I'm not going to baby sit it)

For the record notes will add all of BTC trades to this one together.

Note

AND YES.. 88888 by 5/12. Is that 90K? No it's not, it's the TP. Who cares if it's 90k OR 91?

Note

TYPO: ... VS ANYBODY FOR BITCOIN TO 5/12 (NOT 5/1)

Note

MON 04/08 11.24 PM ET

CLOSE 60738

Note

IDEA IS DEAD EFFECTIVE IMMEDIATELY. I AM TOO MANY CONFLICTING READS WITH DIFFERENT TICKERS AND BAR SIZES.

Without knowing more on which ones matter most (I dont know enough about this as I do in gold spot, futures and etf, etc...l), I can't handicap this move correctly b/c price is at inflection point on daily bars.

Note

4/13 9.55 AM

Q: WHY WOULD I KILL THIS IDEA WHILE ITS STILL WORKING?
A: BC VOLUME CURVE DID NOT CONFIRM A BREAK OUT IN SEVERAL TICKERS. INSTITUTIONAL MANIPULATION HAS BEGUN IN BITCOIN.

WILL EXPLAIN MORE IF I HAVE TIME.

Note

EX: I've looked through BITSTAMP, COINBASE, BYBIT and BITFINANCE(?).

CANNOT FIND REPRESENTATIVE VOLUME DESPITE PRICE HODLDING THE PROJECTED CURVE. So?

Volume has to come from somewhere. Price is not being driven by ANY OF THOSE TICKERS. So that has to mean 1) HARD REVERSAL SOON or 2) INSTITUTIONAL MONEY IS PUSHING IN A DIFFERENT CHANNEL/TICKER (JUST NOT THOSE 4).

Note

I don't have enough evidence to project hard reversal prior to 5/10.

Binary_Forecasting_Service

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Binary_Forecasting_Service