[Bitcoin] Warning
Updated
- crypto hype at its peak (euphoria)
- F&G index in extreme greed
- new ATH announced in mainstream media
- too many winners in the market for months
- vertical price rise since 40K
- momentum indicators in overbought zone for weeks
- several bearish divergences in TF4h
- downward trend in recent days
- the price action has broken its bullish oblique
- the renewed inflation will delay rate cuts
- F&G index in extreme greed
- new ATH announced in mainstream media
- too many winners in the market for months
- vertical price rise since 40K
- momentum indicators in overbought zone for weeks
- several bearish divergences in TF4h
- downward trend in recent days
- the price action has broken its bullish oblique
- the renewed inflation will delay rate cuts
Trade active
Take profits or set SL orders:Trade active
Update:Note
Take profits or set SL orders.Trade active
Note
TF1h: 71K rejected, bearish scenario still valid.Note
Rejection confirmed.Note
Strong rejection in progress.Note
Tough battle around the key level of 71K.Trade active
Note
Bitcoin is starting a long fall.Note
Beware, if Bitcoin rises back above 71K, the bearish scenario will be definitively invalidated.Trade closed: stop reached
I've misinterpreted the results of my predictive model on Bitcoin: the sharp drop isn't for now, actually there are three bullish spurts left until a new ATH.Trade closed manually
Note
Update:
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