$btc
Remember I'm still looking for lower for the shorts.
Not interested in longing here.
We longed and went almost exclusively long from 60->66k.
Now focus shifted the 66k+ short we are running.
One trading (thesis) at a time.
BTCActivation price $64,470.02Direction ShortType DirectionalTimeframe Mid
Max Favorable +0.1%Max Adverse −0.7%ACTIVE
$btc
Remember I'm still looking for lower for the shorts.
Not interested in longing here.
We longed and went almost exclusively long from 60->66k.
Now focus shifted the 66k+ short we are running.
One trade at a time.
BTCActivation price $64,470.02Direction ShortType DirectionalTimeframe Mid
Max Favorable +0.1%Max Adverse −0.7%ACTIVE
$btc recap
7 Trades, 2 BE, 5 Wins ✅ All called live
2 longs still open
Alright, it's been a pretty good start of the summer so far. With 7 trades managed, 5 wins scored and 2 BE's. 1 BE being a trim + SL, ending up with nothing and 1 fumble (on the long Yesterday).
the remainder of the two longs still running.
Everything is called live.
I also have put the bias on the screen and the main confluence this bias is attributed to, carrying the idea of my trade.
With the first stretch bullish - 7.12% bounce post-long (aggressive bottom call thesis).
Second bias: bearish - FOMC reversal
Third bias: bullish - expecting 66k.
Still holding long VI and long V for 66k.
How I count my wins
Repeating this for the ones who are new since my counting has a deliberate philosophy:
0.5 RR - 1.2 RR is a small win.
1.2 RR - 2 RR is a normal win
2 RR+ is a big win.
< 0.5 RR is a BE
< -0.1 RR is a loss
With my philosophy, BE trades don't count as trades that end the streak. This keeps mental momentum going.
Wins both small and large count as wins. They ultimately average out into solid wins.
Every trade was shared and taken in real time on my timeline (all you have to do is scroll down). And the main ideas, what I use and confluences as to why I took the trades are also shared.
Enjoy. My aim is to keep you on the right side of the market.
With my daily bias on point most of the time.
Weekly bias? Still loading, we will see if my bottom call thesis is correct, only months from now.

BTCActivation price $63,871.04Direction LongType DirectionalTimeframe Mid
Max Favorable +0.5%Max Adverse −0.3%ACTIVE
$btc
My macro bottom call, in one trade
Just a quick one because despite some explanation there are still some (new) people confused as to why I still hold on to the 60k level as my "bottom call level".
The answer is quite simply the difference between actual trading and engagement farming. Where the engagement farmer tries to talk about the bottom with repeated posts of vague and broad levels and numbers, with the sheer goal of trying to be right ("we will rally", "we will go higher from here", "the low is forming", "I closed my shorts" etc etc). Just to be able to tell you "I told you so", without any actual positions mentioned or taken.
X is a lot about engagement farming, it after all is what generates traffic, all power to the engagement farmer.
But since we aim to trade this market optimally, that is not of our interest.
So let's not identify ourselves with that. Let's not try to aim to "call the 60k bottom perfectly" and then morph posts in ways that may look good after the fact, just trying to be right and nothing else, whilst deleting old wrong tweets and what not.
Let's just treat this bottom call like any other call, a proper live call with realistic (but bold) expectations. The same way a proper trade works, which I framed so on the chart below.
60k is my estimate, 50k is where I no longer believe my bottom call is correct, and new ath's is where I make money.
That's 6.5+ in "loss-to-gain" ratio, a large amount. It is indeed a bold and aggressive call, made since Feb.
Framing it like this is how actual gains come to fruition, especially when only a small minority believes in it, sticks to it and aligns their capital with it.
This is of course not a trade I took in the literal sense, this is a virtual trade. No one taking these markets seriously takes a long trade like this, you would lose a third of the gains in funding. It merely represents my spot plan, and weekly bottom bias (different to weekly bias, weekly bias can incorporate countertrend rallies along the way).
Locally, things can change, I can call this plan off earlier for good reasons, or hold through slightly longer for more risk, although also only for very good reason only.
So with this, all doubts and unclarity of how I view and go about a live bottom call, are lifted.
The goal is not to call the bottom in an aggressively down trending market to "scalp" a 100x long on that. Again you lose most profits in funding so there is no real added value in that.
So although it looks pretty, there is no need to nail a bottom perfectly to make money consistently. In reality, it only helps to create engagement and morph expectations.
Reality check in place, plan in place and the trades continue.

BTCActivation price $60,527.98Direction LongType ConditionalTrigger Hold Above 50000Timeframe Long
PENDING TRIGGER
$btc
Next steps with current trades
Monitoring local bitcoin price action further.
After a long time, you have seen me finally flip bullish, and we wasted no time as Yesterday, we built a clear cut idea of a long for the first time in a long time.
That idea turned into action which has now turned into a nice and clear trim at 1.2RR at 73.7k, which we detected as clear local liquidity resorption in live time and we marked as likely the top of the low timeframe range at least.
We are still ranging between that and the entry level of the long, 73k.
With the trade now risk free and the 700$ "guaranteed" signature caught, any move lower and deeper into the zone is where I am interested to long again.
I am also still holding the shorts from 82.3k. Looking to TP the (time-based/range-based) finalisation of this downtrend which I believe will stop exactly into the purple zone, I am still looking for an optimal TP.
Acceptance above 74.2k, is also what I see as early confirmation of the large move up we are planning, and is what I will use to aggressively close the last 10% of the 82.3k shorts (mind you, they would be up 15RR plus so even 10% is not worth losing to an uptrend especially when I am bullish), acceptance is very key.
Now I hear you. "Acceptance above", is as dubious as a house with no doors. That's why I prefer acceptance level on a wick basis whenever possible (such as our 2450 level on each, never reached, price dropped, clean bias level). This level is not an acceptance level with a wick basis, so how to frame it instead? Let's talk about it shortly because framing this is key to avoid confusion and execution anxiety, and it's never done in enough detail on X.
It's also hard to explain the full mechanics without showing the full step-by-step evaluation process. The good news is, the process is always the same. And there is a relatively new concept I have developed which is acceptance based on order book aggression.
For the ones curious, try mapping out local directional order book depth aggression on a chart, and filter out the times it persists directionally with a 3:1 factor for 1 exact candle on the minute chart, above an acceptance level.
You'll see it (almost) never fails. So takes a bit of work and a lot of back-testing, but the same method can be used again and again and again.
Any-who, with no further detail, I believe the classic way is also still quite decent: high OI, high delta, high volume and some dubious interpretation "to taste".
A bit more dubious, a bit more indicators and tabs open, but it still works reasonably.
So the 74.2k level is key for me, acceptance above means the market sends fully to 76k, and because of my plan and high timeframe view, should accept us above 76k too after some testing, which means 80k's and yearly highs imo, and a very good look of this bottom consolidation, very thin liquidity above and we can start chatting about 100k. Ideally, with ranging locally first (creating doubt but also filling those voids).
But without jumping the gun, we're here for now, and are just building longs on the basis of our plan.
In all other cases, we IMO are still in the consolidation stages of our purple zone, the zone I think we indeed bottom, and we should actively trim longs as soon as we get our $700 move, and re-long if revisited lower, whilst keeping shorts open (if you still hold them per instruction, if not, that's okay).
Indeed respecting how we are ranging between our entry level of 73k and 73.7k, our exact trim level, likely the local low timeframe top.
To summarize, we are in a bottoming process, still looking to break local consolidation, which we marked as locally topped at 73.7k with a key trim, But, we start trading longs, while we look for an optimal TP on the final short, as the final footsteps in the sand remaining from all the downtrend trading we did off the 82.3k high, before the bullish storm finally blows them all away.
Closing off all the short business, and transitioning into long business.
The way I aim to trade key reversals.
NFA.


BTCActivation price $73,487.98Direction LongType ConditionalTrigger Reclaim / Flip Bullish 74200Timeframe Long
PENDING TRIGGER