Tough to make money in a 1000 point range. Got stopped at b/e on the short and canceled the buy order at 77900. Few hours until weekend. Probably a good idea to just sit this out for a few days, but we'll see. I am a filthy trading addict. I hate ...

Bitcoin trading calls

Might be running out of time for all that though. Moving atop to b/e on the short

Bitcoin trading calls

If I get the entry the stop is 75k

Bitcoin trading calls

Would like to see it drop to 77900 where I will buy, then reverse course and go back up with a vengeance before we head into weekend hours

Bitcoin trading calls

Thinking might turn right here where the "easy" entry long was

Bitcoin trading calls

Put a short position on, target 78500, stop 81000

Bitcoin trading calls

78700 would put us very close to that TL below. Can it hold? I don't know, but I think it might. EDIT: I meant 77800

Bitcoin trading calls

77800 is another spot of interest.

Bitcoin trading calls

Looking like a bottom pattern, but might be one more shot down to 78700

Bitcoin trading calls

Just closed this out early

Bitcoin trading calls

Bear move never really got any legs and was soon met with some strong buying. I can think all I want about how far move will go, but market has to continually confirm, and this move looks done. I think we'll be back to new highs soon

Bitcoin trading calls

Just went long, stop at low of day

Bitcoin trading calls

Just took profits. Dont like the look right now

Bitcoin trading calls

But this i dont understand. Why would being correlated with oil help btc thrive (and again, seems like more of an inverse correlation if anythin). And if you are sure that oil is going up, why not just buy oil futures instead? Here is WTI and BTC. ...

Bitcoin trading calls

Oil is more of an inverse correlation,. Stock market is correlated. My opinion though with basing trades on what other markets are doing, correlated or not, is that you might as well trade the other market. It not like they are perfect correlations, ...

Bitcoin trading calls

I wont be trying to catch a falling knife though if this plays out like that. Will be out at 63k and watching. Would be nice. Hoping it actually happens

Bitcoin trading calls

Break that next TL and theres another not too far away. Break that one and then another. After that we're looking at low at 65k where im sure a lot of stops are. They get triggered and could send us down to 60k where even more stops are. At that ...

Bitcoin trading calls

Talking about the TL below? If so, yes for sure. We're too close now. Very high probability we head there and break it

Bitcoin trading calls

Bitcoin is similar. Look at last up move compared to rest of them. Very choppy. Not a look of strength

Bitcoin trading calls

Look at difference between each up move on ETH and then the last one. Last one was super weak. Just strong enough to take out those highs below the top

Bitcoin trading calls