📉 Bitcoin Daily 📈
This week really overperformed my most bearish expectations. Yes, I forecasted "elevator down" when bitcoin:native was at 81k, but I couldn't imagine it to lose 24% in just 20 days (where 17% lost just within these 4 days). As far as I remember what others wrote here and in Twitter, no one expected it.
Good news are that such strong dumps always pay off with a strong dead cat bounce. Most probably will cover the gap in between 67.5k and 70.5k - the only question is WHEN.
🎯 Key Levels
Above: 64920 / 67500 / 69000
Below: 60800 / 59800 / 58942
February 6th low at 59800 is the nearest big LP. Next is August close at 58942. I don't know what to expect beyond that.
⏰ Free TG alarms set for: D/W/M20sma, dev Y VWAP VAH, 82828, 78180, 76800, 64918, 59800 and wedge trendline
TradingView - https://t.co/rOraixzanx
#BTCUSD #BTCUSDT #Trading #CryptoTrading #CryptoMarket #LiquidityPools #PriceAction #MarketStructure #RiskManagement

BTCActivation price $62,530Direction LongType DirectionalTimeframe Mid
Max Favorable +7.6%Max Adverse −7.6%Opportunity 0.71Time 0.55Magnitude 0.71Score 0.52
ethereum:native high timeframe picture looks pretty ugly. The way it evolves price is targeting liquidity pool under ~1742 (February low).
After that dip either continue lower or trap shorts and bounce back above Feb close at 1965 and recover.
🎯 Key Levels
Above: 1965 / 2282 / 2473
Below: 1742 / 1650 / 1385
Now #Ethereum cost same as 5 years ago. If that is the longest bull flag in crypto history, breakout should be marvelous. But if ETH ends up same as any other altcoin, we may very well see it at 600 and 400 in a couple of years or earlier.
ETHActivation price $1,936.28Direction ShortType DirectionalTimeframe Mid
Max Favorable +22.2%Max Adverse −0.6%Opportunity 1.00Time 1.00Magnitude 1.00Score 0.93
📉 Bitcoin Daily 📈
Yesterday's candle closed bearish. That downside momentum should eventually push bitcoin:native lower. Nearest LPs are around ~75.1k and ~74.7k. These are for bullish scenario.
Bearish scenario assumes breakdown of 1.5 month old range bottom with minimum target zone around 71-72k.
On lower timeframes there are couple of gaps left above, so there is a chance to see a bounce to 76.5-76.8k as well. Won't try to guess the sequence though.
🎯 Key Levels
Above: 76500 / 76800 / 77500
Below: 75050 / 74666 / 73900
⏰ Free TG #Bitcoin alarms set for: D/W/M20sma, dev Y VWAP VAH, 86021, 78180, 76800, 72333, 70333, 67711
TradingView - https://t.co/rOraixzanx
#BTCUSD #BTCUSDT #Trading #CryptoTrading #CryptoMarket #LiquidityPools #PriceAction #MarketStructure #RiskManagement
BTCActivation price $75,942.94Direction ShortType DirectionalTimeframe Mid
Max Favorable +23.5%Max Adverse −0.3%Opportunity 0.93Time 1.00Magnitude 0.93Score 0.93
Bearish engulfing from last week still no extension to 75.5k liquidity. Pressure building.
Yesterday failed to hold Week Open — UK/US POC now at ~77.1k must hold or flips to strong resistance.
🎯 Key Levels:
Above: 77580 / 78700 / 79940
Below: 76666 / 75570 / 74800
Choppy chart, but 2-8h bias clearly down.
If I'm wrong and it pumps, no selling below 78.7K🚨
TradingView - https://t.co/rOraixzanx
#BTCUSD #BTCUSDT #Trading #CryptoTrading #CryptoMarket #LiquidityPools #PriceAction #MarketStructure #RiskManagement
BTCActivation price $77,315.25Direction ShortType DirectionalTimeframe Mid
Max Favorable +23.5%Max Adverse −1.0%Opportunity 0.98Time 0.97Magnitude 0.98Score 0.92
Bearish engulfing from last week still no extension to 75.5k liquidity. Pressure building.
Yesterday bitcoin:native failed to hold Week Open — UK/US POC now at ~77.1k must hold or flips to strong resistance.
Choppy chart, but 2-8h bias clearly down.
🎯 Key Levels:
Above: 77580 / 78700 / 79940
Below: 76666 / 75570 / 74800
If I'm wrong and it pumps, no selling below 78.7K🚨
TradingView - https://t.co/rOraixzanx
#BTCUSD #BTCUSDT #Trading #CryptoTrading #CryptoMarket #LiquidityPools #PriceAction #MarketStructure #RiskManagement
BTCActivation price $77,315.25Direction ShortType DirectionalTimeframe Short
Max Favorable +20.9%Max Adverse −1.0%Opportunity 0.98Time 0.93Magnitude 0.98Score 0.94