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The Higher The Better to SELL Bitcoins: PowerCrash to 24kK34K

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Three previous Bitcoin halving events have seen a considerable decline in BTC price prior to the event and a surge in the asset’s price in the months and weeks following the mining reward halving.


The Higher The Better to SELL Bitcoins: PowerCrash to 24kK34K,even deeper to 8K potentially preparing.

Bitcoin’s current rally is driven by institutional capital inflows. BTC price rally to its new all-time high above $69,000 was likely catalyzed by the expectation of exchange-traded funds’ demand among market participants.

BTC price made it past the $65,000 level for the first time since November 2021.


Three previous Bitcoin halving events have seen a considerable decline in BTC price prior to the event and a surge in the asset’s price in the months and weeks following the mining reward halving.


This $42,000 estimate is also the level we envisage Bitcoin prices drifting towards once Bitcoin-halving-induced euphoria subsides after April.






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All shorts above 71500 open,Pullbacks will be used to immediately short BTC again and again and again. The SL will be moved as soon as possible to Breakeven(Position size+gross commission+spread9; THE slWILL BE TRAILED TO MAXIMUM 100 PIPSPROFIT ZONE:NoTPlimit, as it will drop very far deep,so I wont limit my profit potentiall,only the risk.If the short trade doesnt work, we leave the market with a little profit,but have lost no money.If it works,big profit will reward the trader. I no waywill take the long trade,as it seem seductive.
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a very good point of view:dump starts it was bull trap because of altcoins didn’t even want to pump while btc pumping

This thought is not mine,but the point of view of Serdar048 a good trader here in tradingview, whom I follow. And this point of analysis is so truth, that I had to publish it here.Thank you Serdar048
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today green dayPullback.Market waiting for todays US GDP.currently 70514 can go to 70805,if breaking 71335.Waiting for new sell
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if breaking below 70166 can go to 69567,if breaking this level can go to 69031 and 68484
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BTC has difficulty to break above 71K for the third time retracing back
I am short again at 70753.TP manually moving.SL trailed to breakeven
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US GDP too strong DXY to the Mooooooooooooooooooooooon.Sold short again 71178 target short 70409,70 7014369983.Above 71349 bullish again
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Got the bet hort selling price I could 71448 shorted the coin.Results of today:1loss,1Breakeven; 2 winners(TP at retracement,The last short still open.The reaction of BTC after GDP and algo bulltraps were really acceptable and well expected. I was expecting that bull run retrace in the afternoon, but better now than later.Recesion is coming,liquidity shrinking,halving waiting behind the door:Less liquidity, and rising infflation means less possibilities to buy the coin for retail traders or retail holders. On the other hand the companies and (big boys put all assets in BTC)move on thin ice: Just a retracing back of the BTC causes big margin calls of those accounts,and to get alive theymust sell BTC. That will rush the crash sooner. Sure:BTC can go also levels higher. We have seen in over 200 markets nearly All time highs, not only BTC. But the most of them more than 50% down after ATH.:They holding BTCs. And that is very very risky. I stay short, I will saty short BTC alwas.The higher it goes, the more I sell
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its 11:35New York time:The bullih levels of this morning has been held and estimated well.Now the bias changing into bearish and maybe what US session afternoon will doIf below the levels I mentioned above, then Bearish time will begin. The market structure building a lot of broadening patter on higher region of today, that is indicating the bear will and want to defend their territories above 71K(Therefor a lotof volatile moves UP AND DOWN.The major trend is bearish initiated by the bears(or whales or whom you call it, I dont mind about it,as Only the leves and the price is just interesting for me,no news, nointeresting stories,...) and the price says it wants to go down
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today US CPI expected-The very strong revised cpi that has more impact on inflation and neg.impact on stocks and specially crypto confirmed exactlymy strategyy of the last 2 weeks:SELL BTC!!!! SELL CRYPTO! Later in yesterday afternoon the news wa published that Microstrategy s short positions of its crypto positions wasdisclosed,Microstrategy crashed more than 18%.And who is microstrategy?Michael Saylor,that billionaire who tells the crypto community to buy BTC.Why?because he is or will be soon in big margin call. What dolearn?Trust only your strategy and the price.The price is the only unmanipulated indicatorWhen it goes down:Sell! Also the BTC price is now definitly trading on lower(dicreasing ranges).When the range trading goes down(in the chart) it is a signal that prices will collaps, or bulls will lose the fight soon.Currently the bears accumulating there positions. Interestingly almost if bullish news reach the readers, the price drop more deeper.
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Today is RED: Current price 70651 Asia open. We have are hort poitions still active, going for to reach the first TP 70179, the next levels are 69583 69105 sofar A move above 70842 71018 71299 and 71400 is thesignal for me Massively to add more shorts, but this time expecting bigger moves that go far beyond 62-60KThe firt midterm target is 50k,before BTC reaches 42K. The big broadening pattern and Keil-Wulff pattern on monthly TF has been broken down,that confirms BTC will tend plunge in deepest waters. Also the EU parliaments regulations to bann cryptocurrency and maing crpto regulations stronger will make life forthe bulls very very difficult. I stay short,will stay short, and will continue my short selling of BTC and cryptos also in future
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PCI unchanged,but high,Powellwont cut rates, even some FED members splittiing now, The stock market closed today, possiblly open and gap down on monday(potentially possible).If not the next days(2nd Ban Play).
BTC racting now bearish, 68482 very important ey level.If no bullish strong reaction, it will drop to 62K
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68392 is important price.Last time the bulls defended that zon very quickly and strong.So their last resort.If they missing it to defend, the bears will tart a big masacre there.
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Powell sees no or low risks of reession:No rate cuts...Bloody monday forGold and other deflationary assets that gained of uncertain fiscal policy wil fall during the next days.Good that I am already short in Gold and Silver. Let see how the coin will react

As BTC also will be considered as a ind of,,anti-inflation,, or deflationary ,,asset ,I will continue holding my short positions.
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Bearish levels
70130 70084 69925 69753 69606 69374 69183 69253 69028 68416(gap of March 28th) BULLISH levels today above 70318 can go to 70761 71504 71699
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69023 daily pivot, if broken, we will godeeper tradingview.com/chart/?mind=sSgqjIZwTbe0mBQgrNq8kA&symbol=CAPITALCOM:BTCUSD
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Here howthe beginning of this has strated and where it will lead to. click on the link tradingview.com/chart/?mind=sSgqjIZwTbe0mBQgrNq8kA&symbol=CAPITALCOM:BTCUSD
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horted again 70747 and 70753:Beacauz low volume+Breakout nord Target short:65-67K
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waiting for 71743 3D Inside bar to sell
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Increase my horts 71207 baed on the bulltrap 14;50h NY time to day ....My bulltrap pattern worked bet this month,it seems in the meantime predicting the BTC move.The bulltrap tart to be created often(not alway) between 12:20-15h (24time in March alone..The reaon i:Low volume during noon.ome go for lunch, ell or TP ,volume sinks.A imple a it i, but the price i always right
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BTCUSD down.Sadly I didnt get my deired higher prices(Hoped that bull once again drive price higher,becuz I wanted to short more higher)But doesnt matter,the ret of the concept worked,and my other short good in profit.Breaking 68K will lead BTC to 66k,65k64,800, and then 62K.I will stay short
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Today we will have a volatile day,no trend dayHigher High and Lower Low day.Waiting the maret to come forme at 71.8K to 72.200 hopefully-What seem to be a pump, will be jut a gap filling of yesterday.The higher the btter to sell again.In the meantime I have TP at 68430-65600.Very good day again.The sell setup worked fantastic again.
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Asia opened today below yeterdays Close.After a day high, BTCUSD looking now for lower low..For the next hours we will have RED DAY- I have TP ome hort, the other shorts till in profit
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Next Targets short 66K-6750. if broken, 65486,66480,63783,63501,63004
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Perfect! 2D Low broken!!!!! Short term reaction, hort pullback, and then here we go to reach downunder targets..
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Wwll ome taregts have reached,but the job is not done.We go nows for62-63K, and then 59-60K.Goodluck everybody
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if 64K broken, we go to62K and then 60.There I see Big reaction of the bulls(50 DAY EMA),but if broken that level, and conolidating below 50DAY EMA, it meansThe bears preparing big attack to reach 40k.42k.
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The most successful traders have a win rate of 51-55%.Its not toomuch.But do they do money?Well following the price.Only.An keep their loses very small.They again and again take their ignals, and when they are wrong,they immediately cut their loses small.They dont live in a wishful world of trading, they jut follow the plan,weather bullish or bearish. Just simple like that. No holy grails.The holy grail is the dicipline they live .Everyday.
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Micro Strategy down, will go to 300$!!!! That will with NVDA and TSLA hort give another kick to pre down BTC!
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Short timepullback preparing at 65996.omeday trader could take ome profits hereor partially,If price rie higher, wait for momentum to get weaker.If trend follower, tay with bearish trend,until broken
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Going upto 67500-690(Correction).I have taken someprofits, ome shorts still open.I willaccumulate higher,if above 70K,to hort heavilyagain
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BTC starting today again below yesterday closing. I am expecting a retesting 64851,yesterdays low,that was tested 3 time during the last 2 days(a sign of bulls weakness).Many bullish Lwiped out,that have generated CB orders. Todaythe market testing its day high,a bbreak above todays high is no big deal, but more a bulltrap, awearein 3D,2Dand 5D in side bar. 17 Resitances above,jut 4 spports below us:Enough pace to fall down easily. The higher the price rie,I will build agin more hort poitions lowly.A break below yesterdays D LOW will genrate a trong bearish trend day, and increasing of momentum.
Nota
I use my Trend Analysis Metric algorithms because compared to trend analyi tools and used methodes,it i objective and not subjective.It based only on naked facts and number ofthe big money that move the market:
3th April 2024
Open POC 66202
POC yesteday65865
Open today
65737
QPOC67083
W POC 65909
W(t-1)97915
VAL Q 64915
VAH Q 71513
Q POC LOW 59170
QPOC High 73822

We are officially in Bearih trend(Beginning phae)
A down shifting of QPOC is the beginning of Big bearish trend(not yet).That will end BTC to below 34K zone. Unless QPOC is not shifted down, the bullcould hope a pullback, but no more All time highs.
Nota
Open POC i shifting now lower to 64249, that will attract back the price to this level again
Nota
69K reached a expected,lets ee,if it come back for 70K,tommorrow NFL data very important
Nota
4th April 2024
Open POC 67842
POC yesteday 66202
Open today
65932
QPOC67083
W POC 65909
W(t-1)97915
VAL Q 64915
VAH Q 71513
Q POC LOW 59170
QPOC High 73822
Nota
The market opened at clong of yeterday, and I am expecting to fll gaps of yesterday ,before cloing drop.Potentially BTC triie to reach again higher zone at above 69500-70K,if not higher, because of Non farmpayroll. A reaction if NON farmpayrol trong can be a bullish algo move firt, and then drop.If nonfarmpayrolls weak, the oppoite happen.Among ecpectation we can expect a backdrop to 64K.

In cae Non farmpayrolls are too weak, we can expect a break of 72K, poible gap fill at around 73K, or some ticks higher
Nota
Overheatiing A break below 65K can drop down BTC to 64K and 62K: A sign of very strong NFL data.Nadaq currently under deep water
Nota
Nonfarm 303K, unemplyoment rate -6%,not good foraets,Dollar to the moon,hort elling will begin.Be careful,the first move are algos, they will trap youi
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POC open down to 66901
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POC being shofting down, Gold truggles, Dollar prepares to the moon.Kahkari:Zero rate cuts, Inflaion up again,liquidity down, Ask yourelves:How ill this impact BTCUD negatively?
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Today potentiall retrace up to69-70k
bullish volume
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OPEN POC 67743
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if it goess back below 68147, and closes below that level,it will be bulltrap, and trend reversess to short side
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Levels down 68150
67981
67744
67600
67443

if it reaches 67443 break down,but comes back, and breaks above, we will have tommorrow the same range like today.If closes below, it will go to 66800 etc...
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So far so good, hope its going higher, waiting ince 1 week for mydesired prce to short.But seems near of 70K volume gong down, we have now many gaps to fill downside, that act luke magnets,Waiting pays off
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6503 rejected the price.bullish volume becoming weaker. I f falling below 68723, it tends to go more down
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I f falling below 690277, it tends to go more down
Nota
4th April 2024
Open POC 67842
POC yesteday 67743
Open today
65932
QPOC69334
W POC 65909
W(t-1)97915
VAL Q 64915
VAH Q 71513
Q POC LOW 59170
QPOC High 73822

A break below 65500 leads BTC to 58K.Abreak above 73100 to 76K and 84K
Nota
Got a mall short at 70015.The Deired Pullback didnt come.A volume divergence is forming, that short term bullish volume i falling back into Big bearish vilume. We will have a range trading unless the lines not broken,etup bearish.elling the Highs, TP lower range only.
Nota
if below 70000 back into wedge, we go down.Above 70000 breakout (currently 70800), shows how fast bearih volume inreasing. I interprete thi a bullish fake breakout. Waiting for 71.3K.72K,better 73K,(i hopre) to short again.
Nota
Trade plan 8th April-30th April 2024


BTC

Upside:

71055 Distribution VAH

72000 First Target

73835 Second Target / ATH

76185 Fake Out Fib

78500-80700 Fib Sell Zone

Downside:

67500 First Support

65000 Distribution VAL

62250 Small Low Support

60000 First Target

57300 Second Target

ETH

Upside:

3454 Fib Resistance

3577 50% Fib

3700 61.8% Fib

4000 First Target

Downside:

3200 First Support

3050 Buyer Demand Ending

3000-2850 New Buyer Demand
Nota
Increaed shorts based on Trade plan above
Nota
THE FAKE BREAKOUT of daily wedge now is revealing itself: Once the price drops below 70286,it will go for zhe bottom of the wedge which is major bullih upport 65890,and if breaking that level, it will go for 55K.We had a very good day,all bullish targets that hit we ued optimally to SELL short BTC.I will continue my hort elling trategy, a ow alo on bigger TF chart, the bullih volatility i going down, and alo in long term TF for BTC the bearih volatility increaes.
Nota
Hold the Line guyz, keep our Plan. It´a beautiful day...becaue we have discipline, and trade our planNo matter what new coming. The price i the only un-manipulated indicator.
Nota
OPEN POC 68448
Europe opened bearish
FED TALK waiting.Strategy Short Selling the highs or breakouts
TP Lows,if cannot break.
If breaks, lets go to next level
Nota
Todas volume is bearish,but low volatiliy:We stay in the triple-High range,Bias bearish.If the volatili doesnt rise, the bears and the bulls should commit a range trading pla.The bulls buy the low,sell at highs, and The bears Sell the highs,but bu it back at lows. This game will continue, solong as the volatilty is low.Weather volume, neither other indicators,neither hopes,praers and wishes will help.No volatilit,nomove.In both sides.Therefor expect that tomorrow the market will go higher a little bit, but on the other da it will again drop deeper This is an old school trading methodethat is practiced on the wallstreet for now more than decades.
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Strong CPI is making investors uncertain.Tommorrow big PPI numbers(both very important vuz displaying that inflation is rising up, the economy heating up). has big pressure on tech ,gold, and BTC cryptos.. We stay with highest level of discipline no more than ever with our strategy, cuz sudden trong pullback is awaiting, before it crashes much more deeper.Chose your trades wisely,wait your time for that Golden shot, and have strong money mangement. Bias strong bearish, as now on higher timeframes a triple TOP is building, and that is below ATH.Open POChas dropped to 67995 in less than 20 minutes, thats a big sign of whats coming next.
Nota
This morning CPI for March came in above expectations at +3.8%. The market is responding as I expected. Volatility is rising. Yesterday we doubled up on our DIA short to overweight.
The FED has stated that the future path of possible rate cuts is going to be "data dependent." The monthly inflation data is one proxy by which to gauge the future direction of FED policy. The inflation data holding stubbornly above expectations (known as "sticky") is not going to provide the FED the needed cover to start cutting rates as quickly as many anticipated.
Nota
TODAY 11.april2024 BIG DATA!!!!!! Remember my updates of yesterday,what I said
m quote yeterday: Therefor expect that tomorrow the market will go higher a little bit!!!!!
keep money and risk management!!!!! and be prepared!
Nota
So far so good:Our Plan worket till now perfectly.Nearly every target reached. I keep staying short for now,but monitoring closely,as currently the Asian open was disappoiting for Nasdaq and CRUDE OIL.Why?Because both are very highly correlated to BTC.I wa expecting NQ and CL open agressively gap up,but it did not happen.Therefor waitign for Wallstreet open and London open, that is extremely important for CL. if CL falls below84,50 it means BTC will start to bull higher, more bullish volume will come in, and it will go higher than 65600.If it holds above, it can go to around 70800 -71200.If more bulls come in play it can potentially go to 73K-74K. IF THE WALLSTREET opens gap down, then BTC will be taken to 58k,54k,52k even 48k Or more.Lets wait and see. Below is the trade plna forthis week NQ_F

Upside:

18298 First Resistance

18352 First Target

18519-568 Incomplete Auction

18612 Small High Resistance

18631-708 Seller Demand

18770 Fake Out Fib

Downside:

18113 First Support

18035 Incomplete Auction

18000-17920 Buyer Demand

17832 Third Target

17680-17600 LVN Support

BTC

Upside:

65000 Distribution VAL

71055 Distribution VAH

71200-73850 Seller Demand

76185 Fake Out Fib

78500-80700 Fib Sell Zone

Downside:

60000 Local Low, Possible Liquidity

57300 First Target

53000-50000 Buyer Demand

ETH

Upside:

3400 Seller Demand

3650-3725 Seller Demand

3950-4095 Seller Demand

Downside:

2900 First Support

2750-2690 LVN Target Zone

2600 Resting Liquidity

CL_F

Upside:

86.50 Distribution VAH

90 Main Target

91.25 Second Target

Downside:

84.50 First Support

83-82 Buyer Demand

80 Main Bearish Target if Value Holds below 85
Nota
You all got your tradingplans fromme.Stick to it and you will succeed.Go against it and you will fall.Bulls are scared a lot, their bluffs and blubbs dont work anmore, cuz the facts dictate where BTC has to go to; Below 20K and even deepr where it deserves to be. All targets and goals reached 100%ly until now.Short this scammy digital thing called btc.
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Short Squeez beginning in BTC SOLANA ETHUD:All eyes on Jerome Powell! IF levelsup(see Tradeplan) breaks, possible return to 70600-71400 or higher
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short squeez failed. Allsigns on ,,SHORT,,Chicago PMI expected to be high.Stick to the trade plan, ou got.
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Keep to our tradeplan ,my friends! Have you seen that patience pays off? oNCE BREAKING 60k WE GO TO 54K and then 50K, and once we break that level, then we will go to 34K-42k, and then you get the bonus:We will goto below 20K,finally8K. Turn off noise, hype news, chat news, etc...Just keep to our tradeplan, you got. At the end of the week big big surprise will be there.Good for bears,bad for bulls!
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VERY Bad News for BTC,but very good news for the Dollar: Keep to our tradeplan friends..Here we go..Currently BTC 60624 going to break down, ohhh that is making me sooo happy,,, The Bears have now more appetite to eat the bulls...XD
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As I said: We go to 8K ....FED Kahkari officially aid today:There are high BARS For more Rate hike!!!!!! And Fed Boman aid: Norate cuts....All btc holder profits pulverized..... Keep to our plan friend...It ill be a joyfull journey to see how bitcoin fallsdeep...very very deep....
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FED POWELL SPEAKING: NO MORE RATE CUTS UNTIL......Yes that is FED!!!!! tHEY WILL NO MORE CUT THE RATES:::THE BONDS WILL SKYROCKET AND those who bought euro bonds and treasuries are controlling the FED.The FED will rise the interest rates even more..They drive short term prices higher to trap you. Sothe price of the coi for losers:BTC. ay bye to your longs here we go down.Are you holding BTC? Then you deserve it to lose!Cuz you ignored my warnings!
Nota
BlackRock’s CIO Warns of Rate Hike


The chief information officer of BlackRock said the CPI data included “encouraging things.”
The fixed income market was portrayed in a more comprehensive light by him.

The financial markets were elated by the announcement of the U.S. Consumer Price Index (CPI) statistics this week. It seemed like inflationary pressures could be receding. The report prompted a strong reaction from BlackRock’s Chief Investment Officer (CIO) of Global Fixed Income and Head of Global Asset Allocation, Rick Rieder.

The chief information officer of BlackRock said the report included “encouraging things.” This scenario is especially concerning in light of the consistently high inflation rates seen over the last few months. A ray of optimism was also pointed up by Rieder in the most recent CPI report.

According to a Bloomberg report, he said that there were some positive aspects in the CPI data. Furthermore, he stressed that the data contradicts a concerning pattern of consecutively increasing numbers for three months. This outlook emphasizes a cautious confidence that inflation may be slowly slowing down.The scope of Rieder’s research, however, goes beyond the CPI numbers itself. The fixed income market was portrayed in a more comprehensive light by him. The chief investment officer of BlackRock has speculated that the United States may soon enter “the golden era of fixed income.”

Not because rates are going down, he said, but because it is possible to create a substantial yield in a portfolio. Crypto investors had been anticipating a Fed rate decrease, but according to the BlackRock CIO, that is not going to happen.

The allure of fixed income investments is highlighted by this viewpoint in light of the present economic situation. Therefore, even with the possibility of persistent high-interest rates, larger returns may still be achieved.
Nota
Here we go another support break The comments of Blackrock CIO warning that FED will hike the rates is more serioue than you believe:SPX closed on Friday below the low of Thureday ralley.Asia willopen strong beraish..CPI data that were published show lack of many other numbers.AlsoCBE Leading indicator index shown signs of rising inflationNo more rate cuts by FED but instead more RATE HIKES:Chhers:My bearish target stands at minimum 34k before we go deeper to 20K and then 8K
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Added mpre Shorts.Mission:Short BTC.as long as I can, as often as I can.Only!
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The NEXT Shock for the markets coming:Keep Eyes on ASIA! NEWS! The market beginning to react on short selling! TIime your trades e are well selling the TOPS! FED in the next days also shock the markets....XD I love it
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Keep the plan, FED wont cut the rates,we still are short in BTC, Worries of WAR mobilizatioon scaring the market, as BTC reacts very nervouse to bad news and war news(BTC is negative Hedge instrument)Generally investors buy hedge instruments,becuz of war like Gold, commodities etc.bUT NOT btc AND CRYPTO. Examples:Big sudden drop from 69000 to 59000 in 5 minutes as Israel attacked Iran. Ukraine war going to new mode, as now Russia and China building strong alliance.Also Lithium Stocks, that are closely sensitive react to war and are fast warning markets are dropping deeper, while other commodity stocks start long term bullish trends now. We are talking about long term correction in the US Indices markets and also crypto. The ATH Nasdaq of SP500 and Nasdaq that were generated by speculatoprs and KI Hype(No solide market reports behind)prove that we still are beginning of long term bearish trend.This corrections will take many months probably some years) from Now.The uptrend s very nervouse and slowly while The downtrends are solid, combined with trend continuation patterns, but very powerful and fast. ) My nex target in BTC is 59800 that will cause a short term reaction,followed with 50K, 48800,45200,43850,39800.A drop below 37500 will lead BTC to 29500 and very fast to around 16000,as the support at that area is extremely low. Long term Target No. 1 is 8000 or 8K...
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WELL: BTC now at 59000, breaking slowly but strong deeper. Rumorses of War between USA and Russia,also Israel and Lebanon Hezbolla and its allies are threathenning and it will last for a longer time... As I said:BTC is not a hedge instrument or an instrument in crISIS: iNTERESTINGLY THIS TIME BTC and cryptos started since weeks to be prepared for these news,as for the first time BTC started its short bearish trend, while NQ did Alltime Highs . So the miners and crypto investors starting to sell BTC(Also governments)to hedge themselves inanother assets... Fundamentally it means soon we will see pretty earthquake downtrend of many markets.I expect also big volatilities there ,but using them to add my short positions short,if noticing those volatilities:Selling the highs. I work with no profit takung as we are in biug trend shift now:Meaning just keep waizing and enjoying how the profits are getting larger and growing. The rule here is:Let the profits run! Let them RUN becuase you dont know how much deeper it will go,why to limit the profits? Instead proper money management only at entry.Temporarily the makret can go against you, so use stop limits and protective stops. And do not exit too fast or too soon. Since 2018 THE TREND FOLLOWERS ARE making big money. As it says:tHEY FOLLOW THE TREND:tHEY TRADE pRICE;BUT THEY DONT PREDICT.
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Keep the plan,we are still bearish for now many weeks, conquering many obstacles It seems now that long term investors finally have understooad the correct direction of BTC, that should be down...Its not only about correcting the market, but also the preview of many regualtion that will be released during the next time by US and European governments, terrorism, riots, middle east war, and now some rumorse about possible new pandemics,elections. Interestingly cryptos this time is forecasting the next direction of the stock markets and indices. While the most Indices are facing down, NQ and Sp500 Continuing reaching and achiving new record highs.Typically cryptos follow the US indices,but not this time. It seems that we are facing here a new phenomenon that crypto holders and traders have waked up, and trading more wisely. BTC Triple Donchian Indicator now definitely is short bearish, 55 D broken twice and confirmed the close below the channel for the third time. NEXT TAREGT WILL BE 5144 BEARISH; IF BROKEN 5193 ,if these levels cannot hold, the next targets will be 49885 46851 42245 39735 38479 35445 35235 28535 25533. Keep the plan. To reenter, a recommandation is to use pullbacks to to the next possible resistance levels.
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Assassination on former US President Trump has failed .Thanks god.It is sad,that this has happened. Stay with the Plan.We are still short,Using Pullbacks for more new Short positions. Good luck
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Positins closed due to elections at 63,80.
crypto short squeeze mfurther analysis amp
Dagangan ditutup: sasaran tercapai
Dagangan aktif
PoSITIONS RE OPENED HEGE SHORT due to NO rate cut on coming Wefnesday(in 2 days,that will affect the markets.As long as we are in this range we short on the top of the range,and vice versa on the lower range area. The range area you can find here

BTCUSD Long : US Elections decide the future of Bitcoin!
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All eyes on BONDS;Dollar and VIX.... I love it when everytime my plan works.... But therefor we trade well,dont you?
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Bonds skyrocket, Dollar divergence, NFP terrible:Recession coming, The market expecting in minimum 2 rate cuts next FOMC meeting, but I dont expect that.We will go much more deeper, long hedgestaken out,completely short again, as open positions active. Downtrend starting now
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iran declared to attack Israel soon.Last time they publicly threathend Israel ,they attacked on Staurday night.The potential probability to atatck tonight or during the weekend is increasing.This will send BTC to 5K areas. If Crypto would recover at around 50K it would mean the atatck is over, if it breaks thesupport,it would mean Israel will reattack Iran, and this time the war will continue. Be prepared
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very disappointing NFP,Inflation,Recession and now Middle east war= That will let BTC feel pian and suffer.Not enough: The CRV of long positions and call options is dramatically sinking,sooner or later their expirations will create more bearish momentum.Keep the plan!
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Taking some Profits as the bullish momentum starting. Major short positions from ATH and above 71K still active.As bullish hedge I opened some positions taking profits as soon we areabove 60-65K before the next drop begins. Japan carry trades unwind was nothing against China unwind Tsunami that will start soon: Crypto is for the first time very nervouse,it seems the guys have learend ,that crypto is no insurance asset,and gets dumbed eachtime economy is in danger.Recession is not over:It has started and and we are still in the beginning. FED wont cut the rates.They say now possible rate cuts at the end of the year! While market expecting it in September: I do exactly what the opposite what market says,thinks, or wants to do! Because the market does know nothing! The market is full of ,,so called Experts,,And to me an expert is someone who is losing money. Losers. Whatever:I update my ideas as a kinda diary of my trading journey.Once you use them,make sure to make your own decisions based on your own judgement,but not mine. I take only responssibility for my own trades. Hopefully you take it for yours.
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I keep my short Plan .All shorts beyond 72K active. Be careful:Massive bullish pullback and correction has 10 hours ago started.Also ETHUSD ,SOLUSD bullish now,too. This week many datas that will affect the market. A correction to 60K,and if stabilized to 65k-68k is at work now. BTCUSD finally stabilizing above 55k.We opened bullish hedge and will close the bullish positions at tartegt zones.If this happenes the short posiions will be automatically active again
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still keeping open long positios(See comment of Aug 13!) the bulls keep targeting 67k 69k 72k some shorts still closed at 57k, but others open.Hedge working fine!
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Bears prepare to push down BTC. closed 50% longs. first target short 64397
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Bears taking profit and the market starts short term recovery after heavy Powel speech yesterday. ISM Manufacturing PMI data expected today. TO MY TRADING STYLE IT HAS NO BIG MEANING but for day traders it should be interesting: If too low below estimate a bigger bullish move is expected. the last bullish positions closed,so I hedged all my shorts again at 62,9k(opened counter bullish positions to hedge my 73 k shorts) This style now workingfor more than 11 months perfectly while the big trend is down, and I m joining benfits of both,bulls and bears.
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what a day.. 10 minutes before data sp500 reversed, wti and gold to the moon, and btc and crypto immediately down..(as I said:Bulltrap comment above) in btc long i took the small loss and revrsed immediately short now only shorts open. in Solusd and ETH closed longs with small profut also only shorts open and full active
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short trend still active SPX500 opened below day low.The only real news that I use to follow is:IranäIsrael.Iran started its 2nd wave attack (40 rockets reached Tel Aviv and destroyed some military parts). Israel will certainly answer:WTI Dollar and gold silver up, evrything else sell off falling knife.I stay short
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bears taking profit,bulls starting to buy.Gold will go down next wti follows..breathing begins....hedged my shorts with some longs again at 61270.The market waiting for Thurseday US data and Fridays NON fARM pAYROLL:iF wti AND OIL GOES DOWN ;THEN WE CAN BE SURE THAT iSRAEL iRAN TENSION IS COOLING DOWN TIL WEEKEND that will drive crypto upper again to around 63780
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11th oct.2024 8:35NYT lONG HEDGE OPENED BTCUSD SOLUSD ETHUSD: Core PPI 0.1. Technical correction to 61-78% Fibonacci. THERE i AM EXPECTING VAH grab,preparing for the next short positions.All our short sell positions stil open. We opene the long hedge only if bigger retracement expected(like now!) .That way we ride the Big strong downtrend of BTCUSD/SOLUSD/ETHUSD AND OTHER CRYPTO PAIRS;WHERE WE HAVE SOLD NEAR OR at ATH! aND WE TAKE temporarily profits and gain the opposite correction move. As you follow the idea story for a long time you can confirm how perfectly this strategy works, with the minmum of account drawdown and downside risk. cheers. For the weekend I AM EXPECTING bullish momentum(BUT REMEMBER: The trend is bearish!) ANDWE TRADE THE BIG BEARISH TREND1
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Keep the plan cuz it works perfect. FED splitted now (former criticals are bullish,former bullish fed members are for no more rate cuts) also soon us elctions, VIX threathenning to explode ,bets on VIX to reach new record highs cuz of us elections in november are increasing(High VIX bad for crypto and stocks! The market speculating to get as high as possible through elctions going to DEC FED Meeting:Now bets that FED will cut the rates in Dec. are vanishing and fear +panic coming. Nevertheless these are fundamental factors:But as traders we focus also on technical signals:Current to short term bullish momentum,but the higher the more risk on on the TOP! Why?Becuz the volume is not increasing:Exactly the same situation like october/November of the last year. New ATH? Possible, but as soon ATH reached, the next big drop will quicker than the last one, becuz the volume is decreasing instead of increasing or staying constant!
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its not time to sell yet.Wait! And Have patience.Soon it will happen!
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15.oct 2024
SELL SIGNAL SOLANAUSD and BTCUSD 7:14 NYT: I closed all longs with profit at 65448 BTCUSD. Solana took profit and closed at 153.8. Now only short positions are open and all active. Waiting for ETHUSD to close longs, so the shorts automatically active(Our shorts at the ATH.
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