Bitcoin
Long
Updated

BITCOIN - CRITICAL MOMENT! NEXT WAVE UP?

380
20 minute run through the live chart on the brink of breakout.

TA to show why this is the moment that Bitcoin may become ELECTRIC to the upside!

I'm organised enough to make this video while the action happens.

Are you organised? 😅

Enjoy 👍

Not advice

Note
In a critical moment, the perspective can change in seconds not minutes 😅. I dont have time for 3 layers of work but there is plenty of detail in the video. May update sometime later when I get time 👍.
Trade active
Its been a wild day today.

BTC rejected from the supply trendline and it looked like it may print a shooting star candle on the day chart to signal a wave down.

But yet again a fast recovery.

And Bitcoin maintains "that levetating look" where all downside is quickly bought back up again.

And so I've just made a very small leveraged trade here.

Because I think the volatility is spent and this channel looks bullish.

So I have calculated that a x50 leverage trade will get me a liquidation a little below the dump low @ $83.3K.

This is also on the basis that I think Bitcoin could be on the brink of the next wave up here.

We've had 2 rejections and its still up here.

Now in what looks like a cause building channel.

We'll see - this could go wrong and thats why I dont have much on the line.

If I'm wrong I lose a little, if i'm right I win a lot 👍.

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BTC

We're on the brink again.

Pushing up against the Supply Trendline yet again.

This trendline has seen 5 rejections so far.

Will it be sixth time lucky 😅?

Remember that in terms of ratio, the 0.85 @ $86.4 is where the real breakout begins 🧐.

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Don't forget to hit the BOOST if you like this. Just 6 BOOSTs so far; hardly anyone will see my output.

When hardly anyone sees my work I think I won't bother to make a 20 minute video next time.
Note
Lots going on here.

Ascending channel with bearish cause Pattern Separating into the descending channel with bullish cause.

We're on the brink of the next wave up again and this could even be it right here.

Obviously Bitcoin is less interested in Easter holiday

Its never rests 😅.

Could be big gaps in the market next week if this continues on up 👍.

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BOOM!

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