"the trials will continue".the long squeeze continues,
as longs get frantically pushed out of the market.
talked about it in my last video, and it's been playing out word for word since we topped out at $45924.5.
----
what am i seeing here?
an expanding diagonal for the fifth wave of the primary third of this local impulse.
----
>fear\greed index sits at 20 right now, i'd like to see it at about 10 by the time we bottom.
>next dip will really scare the majority, forcing them to panic sell whatever positions they have left for a loss.
>that is when a larger bounce will take place.
>it will be short lived
>it will get rejected
>the majority will get stopped out before btc finds a significant bottom closer to 32k.
>very few will have the courage to buy down there.
----
ps. it's possible my fifth wave will only be wave (A), which would imply 2 more waves to go, and a deeper move than most humans currently can fathom.
✌
Xbtusdt
btc 2-22 update ~good morning ~
btc seemed to have bounced off my level from yesterday almost perfectly.
---
i see two paths from here:
the first path implies that we are still in the midst of working on a 5 wave impulse to the downside, and we are currently in a wave 4 \\ will begin a wave 5 to around 34k before we see a mean retracement.
the second path implies that 5 waves down has been indeed completed, and we have begun a mean retracement to around 42k before further downside ensues.
---
on 2\25, max pain on expiring derebit options sits at 40k (on $1.5b worth of premium), which gives us a higher likelihood to play out the mean retracement.
though, when everyone expects something to happen, it almost certainly never does.
be cautious, and expect the unexpected 💸
btc 2-21 update~morning,
as we continue the descension (as predicted in my last video)
i see one of two paths
both paths give us a decent sized bounce at the monthly 21ema closer to 36k
a deadcat bounce more likely than not before further continuation to the downside.
a conservative downside target once that bounce completes sits at 31k
worst case scenario it drops to 23k (monthly 55ema).
-----
similar to 2018 & the covid crash in 2020 (the last few times we challenged the monthly 21 ema on such a great scale \ once it broke down we saw a real capitulatory move down to the 55ema.)
trade safe 💸
btc 2-20 update good afternoon ~
btc is building extensions on extensions right now,
looks really good for the original case i had built for it via my last video update; if you haven't seen it give it a watch.
----
there is 3 potential outcomes this may lead to, and i kinda like them all equally as of this moment.
-2 are short term bear,
-1 is short term bull
the two short term bear cases lead to a large bullish move afterwards,
the 1 short term bullish move leads to a cataclysmic descension into the crypto abyss after.
gotta to see more chart data in the days ahead to know exactly which one is playing out - stay tuned for it.
----
btw, cash is still 👑
💸
btc 2-18 update ~good evening,
as this current move unravels, it becomes a lot more clear as to what could potentially be happening here.
after further examination of the entire wave structure from the last few years, i was able to come up with a scenario that i haven't seen anyone else talk about.
i will be sharing it later on down the road, once i am able to further confirm my theory.
---
currently i think we have completed wave 3 of the local impulse moving down, and are currently working on a wave 4. (it's also possible wave 4 turns into a flat, or a triangle, in which case it will not reach the target portrayed in my local projection).
wave 5 takes us down closer to 38.5~38.4 to complete the local a-b-c.
once this local move is completed, we should see a fairly nice move up.
BTCUSDbtcusd long opportunity, looking good to open long position after yesterday's dump btc price consolidating between 34500 area to 40350 area, from yesterday their is looking accumalation signs but still better to wait for breakout scallope zone after book profit as per target levels and dont forget to move stoploss.
2\17 Bitcoin Update ~good evening,
we're approaching a critical area down here - this last leg down should mark a local bottom of this 5 wave impulse.
what comes next will be determined based off how it exits this zone.
----
if it moves up in a choppy 3 wave move - ez short
if it rockets out of here, well we just hold on for your dear life.
----
mean retracement target = 42.8k
if it pushes above with increasing volume - stay tuned for an update 💰
Quartervois.good evening ~
a quartervois is a crossroad; a critical decision or turning point in ones life.
btc is currently at a critical point, and a big decision will be made in the days ahead.
----
i've got 4 projections on my chart here,
3 bring us down to the area between 31~27k
1 takes us up to the area between 48~50k.
the choice is yours.
----
full disclosure; i am bearish for now - and have no reason to be bullish until the charts tell me otherwise.
once this final long liquidation event takes place, i'll have a lot of long setups, but until then i am cash \ sniping shorts.
✌
leg daygood evening ~
my idea remains the same in the mid-term.
looking for a little move down to 28k in the next month or so.
---
it's possible we see one more little extension to 48k before this takes place - but only if 41.7k can hold as support.
if btc rips through this key level, there's a good chance the top is in as discussed in my last post, and we will see a bleed down until that larger algo target sub-30k is met.
---
>if we do expand to 48k,
>the pullback that follows will dictate bitcorns destiny.
will talk more about this later.
✌
full send. (primary)follow up to the original thread via 👇
----
my bias remains the same despite this little move up.
looking for 29~30k before we see a larger move to the upside.
still adding to my short from yesterday \ sticking to the og plan.
----
not financial advice, just a bet against the majority.
----
wave 5 target = 29k
Bitcoin Analyze (Short Term/Timeframe 4H)!!!🔨If you didn't read my previous post about the road map of Bitcoin, please read it first and then look at this post🙏.
Title : Bitcoin Analyze (Road Map)!!!🗺️ (Update)
Where can be the end of microwave 4 of Main wave C ❗️❓
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
🔴For answering the above question we have to check out the resistances that Bitcoin will face.
❗️I am seeing Heavy Resistances zone in front of Bitcoin.❗️
🔴 Heavy Resistances zone : 42260$ until 41780$ ( Fib Cluster ) + Downtrend line + Fib Channel (Trend line) + 61.8% Pitchfork's line + 23.61% Fibonacci Level ( BTC Logarithmic Curve Zones ) + 50 SMA @ Daily Timeframe ,so we can find our triggers & the end of microwave 4 of Main wave C at my TRZ ( Time Reversal Zone ).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
btc (bull case).morning,
as btc moves higher and higher out of this range, a bull case surfaces out of the woods.
---
If a bottom has been put in, (big if), then we are likely beginning a large 5 wave impulse to the upside.
that impulse would have us coming up above 200k.
it won't go in a straight line, and there will be plenty of opportunity along the way to jump in, so there really is no need to fomo.
my plan, if this continues to develop, would be to patiently allow the first wave to complete, and grab some longs on the wave 2 pull back 💸
---
ps. to me, it really doesn't matter which way the market goes, we made a lot of money on the way down, and if it wants to start moving up, we'll easily make even more money on the way up.
ps.2 just know; i'm not saying this is what is going to happen - just an argument against the bear case as of this moment. there is no single path in the market, so expect the unexpected and be ready for any outcome.
best of luck!
"they didn't know"and if you don't know, you will soon.
---
here's my completed primary wave count of the entire drop from 68k
i believe we're playing out an ending diagonal for the final wave C of the larger wave (4) of a higher degree.
this final move down sets us up for a massive move up in the year ahead.
looking for 28~29k as a downside target before a move up that takes us closer to 150~200k.
✌
logarithmic bear fork.this morning we broke out on the linear scale, but the linear scale isn't really something that i care very much about.
i'm a logarithmic trader, and this is my logarithmic bear channel.
----
as btc approaches the top of my channel, i'm starting to see signs of weakness.
i'm short from up here unless btc breaks out of this one 🔨
🌽good evening ~
been pretty much on the sidelines with crypto these last few days - made a few scalps here and there, but nothing more than that.
as the pattern continues to unravel, it looks a bit more clear as to what is happening here.
possibly working on a larger abc\wxy in this local region.
how it fits into the larger count is beyond me, but it's probably some kind of larger wave 4.
also possible it could be turning into a massive leading diagonal (which would be interesting as well).
time will tell as to what this move becomes.
---
though, what i do have to say is, i think we find a local bottom around 36k, and make our way up to 42k in the week(s) ahead.
could take awhile, or maybe it moves fast; give it time, and let patience take the wheel.
---
wave b target = 36
wave c target = 42
✌
cashmeoutside how bout that?good evening
lot of bulls in this market right now
i can sense the euphoric moon bois creeping back in over these last few days
love it when this happens.
---
been hanging out in cash since yesterday, and decided its time for a little short swing.
my target on this trade will be closer to 30k - and i also get this feeling that 30k is not going to be the bottom quite yet.
feel like we have a few more months of pain before any kind of life comes back into these markets.
✌
30k by end of weekgood evening ~
so i was really hoping to see 40k get hit before this next phase begun, but it seems a lot less likely after this little drop over the last couple hours.
after breaking structure earlier, i do believe we have begun the final fifth sub-wave of the final fifth wave of wave (c) of a larger wave W (try saying that five times lol).
---
i'm predicting we hit 30k by the end of this week, and that will mark a significant bottom in the crypto space.
how high we go after will be discussed in a future post (if you saw my recent video, you know exactly what i'm anticipating).
be careful this week.
---
wave 5 target - 30k.
40ozgood afternoon,
btc is currently in a pretty tight squeeze
the order books are packed out with large buy \ sell orders in this local range.
one side is going to lose, and a big move is going to take place.
my bias is a move up to 40~40.5k
might stay in this squeeze until tonight before it pops.
----
it could very well break down as well, so a tight stop is in place near the bottom of yesterdays daily low.
ps. if you have followed along for awhile, you'll know what the hammers on my chart indicate.
🔨🔨🔨🔨
distribution vibes.as btc approaches the local area of distribution, i could see signs of weakness appearing.
overnight move up doesn't look impulsive anymore
volume is decreasing
resembles wave b, x, or 2
if this is wave b or x, then we likely see 40k in the days ahead after a little dip down to 34~35k
---
if its a wave 2, then we drop to 32~28k from here.
---
i don't know what the market wants to do, all i know is i'm ready for either outcome.
are you?
✌
the final traphope i didn't scare you with that sell-off earlier,
just purging some late longs.
-----
anyways -
let's talk about:
>the decreasing volume into this push down
>funding is negative as of right now -
>the moonbois have scattered,
>fear is back in the markets
>>seems extremely bullish from my perspective.
-----
as we approach the 0.50% retracement, we are also back-testing the 1h ichimoku cloud -
if both of these levels could hold, i expect btc to make its way up to around 40k by friday.
this will minimize the potential loss mm could have from the billions of $$ in options expiring eom \ give retail the final bull trap before an apocalypse begins for the new moon on the first of February.
-----
if you caught a short at the top of my range earlier,
could easily cover some profits here \ use it as a hedge for a long from the bottom of this new range.
-- not financial advice, this is all just art.
-----
~your lips,
my lips,
apocalypse.
💥
👇
32khello,
here to say
there's a good chance
that bitcorn
drops to
32k.
----
i don't think that'll be the bottom quite yet, but it's a step in the right direction.
stop just above yesterdays high ~
-not financial advice btw.
----
as for what this structure is,
it's the most superior bull trap in todays markets.
>called an expanded flat.
>designed to trap bulls \ give beginner traders the wrong impression about which way the market is headed.
>learn the expanded flat, become a master of this market.
also - if you know, you know 👇
✌