First area where we might see significant resistance is the blue rectangle. Might be a place to take profits and look to re-enter at a better price. Would take a serious move to head straight there, but bitcoin is known for serious moves. Will be ...

Bitcoin trading calls

Not really sure this entire selloff we had from 125k to 60k was really a true bear market. Yes it dropped over 50%, but it only lasted from top to bottom 4 months. Most bear markets in bitcoin go on for about a year. Point is its more of a nasty ...

Bitcoin trading calls

A test of that centerline that been holding it down in chart 1. Also a TL on lower TF in chart 2. When its trending, trendlines are friendlier. Not friendly at all in a range though. Should be an interesting weekend!

Bitcoin trading calls

I think so too. Added a little more size here. Moving stop closer as well to 74600

Bitcoin trading calls

All good in my opinion. Don't know about you, but I'm not trading with hundreds of millions of dollars, so still plenty of liquidity for me if I want to get out. Could be a big move UP over the weekend Lets see how we close the day

Bitcoin trading calls

Meanwhile Michael Saylor right now

Bitcoin trading calls

Bears were relentless these last several months, but they are out of bitcoin to sell it seems. There's only so much bitcoin to sell with long term holders never selling. That range we've been in is done I think

Bitcoin trading calls

Beautiful thing about bitcoin is we can trade it 24/7...no getting locked out and at risk of a gap.

Bitcoin trading calls

Expecting it to blast through these lines

Bitcoin trading calls

Definitely not too late to reverse. Its still just breaking out. Long term this will look like the beginning. No telling how high this can run

Bitcoin trading calls

Might be time to switch sides brotha. This looks very bullish to me. We're starting to see big green candles on smaller timeframes.

Bitcoin trading calls

Starting to think we might be about to REALLY break out, gaps below be damned. If thats the case bitcoin could really make a big run. Target is open for now. Reason im thinking it might not come back down, well theres a few reasons actually, but ...

Bitcoin trading calls

Spent most of day just watching, and went long a few hours ago at 74900...about where we are right now. Market was moving fast and didnt feel like posting on here. Stop is at 73400.

Bitcoin trading calls

There are a lot of lines matching up around 78500 - 79500, also a high to break or come very close to breaking around there too. Doesnt guarantee itll turn there, but it might and im suspicious of this move up. 2 gaps below and bunch of trendlines ...

Bitcoin trading calls

I think we're heading to 78k from here

Bitcoin trading calls

Missed my stop, but im getting out with a small profit here. Still think theres risk to downside, but might make another run to the highs. Might also be another time i get chicken out at last second before it goes my way, but I can always get back ...

Bitcoin trading calls

A cascade of trendlines to break below. Moving stop closer to 75700, taking some risk off.

Bitcoin trading calls

I know that break triggered a lot of stop losses and even more buy orders for bulls looking for a reason thinking a breakout was imminent. Go read comments on X for proof. If this was indeed a fakeout, I expect a nasty selloff to ensue. Watching the ...

Bitcoin trading calls

Was watching for reaction off this line this morning. So far a rejection after taking out the high at 76k. Not a great sign for bulls. Classic break and fake, lets see how next few hours go.

Bitcoin trading calls

Watching closely, stop at high of day, target unknown

Bitcoin trading calls