The Crypto Desk
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The Crypto Desk provides clear, focused analysis across crypto markets with an emphasis on price action, key levels, market structure, supply and demand, and high-quality trade setups.
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The Crypto Desk
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$TAPS
❀5πŸ‘1
The Crypto Desk
GM β˜•οΈ The grind doesn’t stop.
$BTC #BTC | Short Position Update

Take another 25% & SL pushed to BE!
😁7❀4πŸ‘2πŸ₯°1πŸ‘1
#FARTCOIN | Short was incorrect

Onto the next 🫑
πŸ™11❀3πŸ‘3πŸ₯°3
$BTC

It is inevitable. Patience.
πŸ”₯330❀10πŸ‘3
$BTC

Observing for these 2 scenarios on the LTF.

Either we create a LH on the LTF & retrace back down to 109K (Prior BOS) Or we sweep current ATH again, accept back into range & then test 109K.

If we push above ATH and show no signs of acceptance, its likely continuation of
❀66πŸ”₯40πŸ‘28
$BTC

LOL. The pinnacle of sentiment right now. Longs ape in at the highs, get flushed, then shorts pile in at the lows.

But check the LTF divergence: net shorts are ramping up, while overall long positions are decreasing getting flushed.
πŸŽ‰33πŸ”₯29❀23πŸ‘22
$BTC

Initial Entry front ran by $400 after filling the CME Gap at 114K

So instead, I am market entering here at 115400 and pushing my DCA limit to 112K.

Note: I am building slowly CMP, the bigger entries are at 113.8K and 112K.
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FUN FACT: 10 years ago today, Bitcoin was $388.
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JUST IN: πŸ‡ΊπŸ‡Έ $1.3 trillion Morgan Stanley files for spot Bitcoin ETF.
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After careful consideration, I’ve decided to begin gradually buying spot $BTC at $72.2K, moving my first entry higher. My next entry will be sub-$70K.

We’re currently -43% off the highs. I’m fully aware we could extend to -65% to -70%, and I honestly don’t care. That is what
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$BTC

Decent amount of longs aping into this push upwards...
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$BTC tried another long after that NFP dump to fill the imbalance, but PA's dogshit.

Closing at BE
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$GOLD
GOLD is ranging after friday's massive drop.

Nothing to do for now as both sides have not been swept, currently it looks like it's gonna sweep the RH and go to RL.
πŸ”₯22❀8πŸ‘1
$BTC

looking for longs around 78k targeting 82.3k - 81.5k
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$DOT

It has formed an LTF range with a lot of internal EQL.

Expecting a sweep into the M15 demand below RL and pump
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$CRV

Reclaimed RL and created an H4 demand.

expecting a reversion towards the RHs now
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$LIT

LIT currently ranging on D.

Deviated below RL and created an H4 demand. Time to Pamp it to RHs
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