Going to see how this goes based on my trading method.
Efforts to reduce the population go unnoticed, inoculating seems to be going well.
Bullish overall.
Let’s try this again.
Refer to my previous idea for the explanation.
Everything is still valid and no I wasn’t stopped out on Bitcoin since my broker never hit $32k.
This is a continuation to my previous chart since the previous month contract expired and left my chart in a void.
See: Bitcoin ETF marks the top (link below)
In my previous post I mentioned the approval of the first Bitcoin ETF, it was launched today Tuesday the 27th.
I believe this marks the top, I have been short since the tip top of the 25th of June.
See my previous posts to better understand my thought process and reasoning.
Good luck.
The first leveraged Bitcoin futures exchange-traded fund (ETF) has been approved by the U.S. Securities and Exchange Commission (SEC) as of last week. On Tuesday, June 27, Volatility Shares 2x Bitcoin Strategy ETF (BITX) is set to debut on the Chicago Board Options (CBOE) BZX Exchange.
In its SEC filing, BITX stated that it “seeks investment results that...
This is the capitulation event for crypto that I was waiting for.
My previous Bitcoin idea and target are still valid, anyone long right now is going to get wiped out by the crash of Binance coin.
I’m currently short. I also shorted Bitcoin and sold most of my alts here.
If wrong then I will buy back higher on bullish structures.
Even with the massive pump...
According to my analysis using my own methodology along with one by the veteran trader Tim West from Key Hidden Levels here on TradingView, I believe what will happen tonight is a downtrend that should expire in 21 days unless proven otherwise.
Catalysts include Binance and Coinbase being sued by the SEC.
There is more to this, but I’ll keep it short.
Good luck...
![BTC1!: Bitcoin ETF marks the top [Update]](https://s3.tradingview.com/i/iUxb8W1D_mid.png "Bitcoin ETF marks the top [Update]")
