Tether USD / Bitcoin

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Tether USD / Bitcoin forum

BTCUSDT This week will be a super central bank week. The Federal Reserve FOMC will announce its interest rate decision, and the current interest rate is likely to remain unchanged; the European Central Bank will announce its interest rate decision; and the United States will announce the fourth quarter real GDP and fourth quarter/December core PCE.

SPX XAUUSD NDX brcusd

BTCUSDT Btcusdt Sell now
🚦Entry from (101400.0)
📊Take profit (100200.0)
📌Stop Loss (102100.0)

BTCUSDT Major Big Target is $122,580 on KuCoin exchange price chart! BTCUSDT.P
Snapshot

BTCUSDT wait for 99k

BTCUSDT All the great people like to buy cheap, so don't be fooled by your emotions.🤚

BTCUSDT It was all about liquidity specially ALTS.

BTCUSD BTCUSDT I think it is important to consider that we have entered the phase in the market where everyone wants price to keep going up so that they can sell even higher than we already are, but no one really is wanting to buy at these prices. That is why we have stagnated. The hope to go higher is not accompanied by the demand to make it happen.

The buying we have seen has been shorts liquidating. Yes no one really wants to sell their entire positions yet, but how long will it be before the major selling begins when no one wants to buy either?

Only Michael Saylor and likeminded individuals are going around saying how buying Bitcoin above 100k is a once in a lifetime opportunity. Perhaps it is a once in a lifetime opportunity for them to sell to the buyers they attract and make fortunes. So technically he is not lying to say it.

BTCUSDT This was my post to my Brother this morning at 9am….

“Since Friday afternoon BTC has settled into a trading range between $105,200 and $104,300. Only swinging $900. On the 1hr chart The trading patterns that developed since Thursday Jan16 include a HEAD & Shoulders, Rising Wedge, Bear Flag, and Triangle. The Triangle is the only Bull pattern with the target at 116,000. The other targets are $102, $99, and $93.
I don’t know what the catalyst will be to show clear direction so don’t jump into HUT too quickly.”
Well I still don’t know what the catalyst was for the breakdown but there was definitely more Bearish Patterns so it didn’t surprise me when I checked in just now.

BTCUSD BTCUSDT I posted the daily bearish divergence with the double top last week when price was at 106.2k area. These setups are very high probability when you have the major selling wick price action to match. I would expect to see a continuation down to the liquidity at 94-96k area minimum. From there we will see what kind of buying pressure comes in. If the double top does play, we will be going into the 70s finally. It may not breakout below the neckline, but that is why I don't wait for a neckline break to enter.

Divergence is a very reliable trading strategy, but it is important to learn to distinguish between high quality divergences and low quality. That takes a lot of screen time to achieve.
Snapshot

BTCUSDT 400 pips target hit don't miss this trade