Crypto Advice FreeπΈ
At this rate, itβs time to start targeting $66,000 on Bitcoin
Overall, I read the market perfectly today. We came very close to the $66,000 target and then reversed right from the OB zone
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Crypto Advice FreeπΈ
Overall, I read the market perfectly today. We came very close to the $66,000 target and then reversed right from the OB zone
Locally, we could see a bounce toward $70,000. From there, Iβll be looking for a short setup targeting $64,000
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This is the USDT Dominance chart. If it goes up, Bitcoin usually goes down, and vice versa (I think you already know that π).
For now, Iβd expect dominance to continue rising toward the 10% zone. That would likely coincide with BTC gradually dropping into the $54,000 area.
After that, Iβll be looking for USDT dominance to start declining and for Bitcoin β along with the entire crypto market β to enter a massive rally.
Finally, weβll be doing nothing but longing the market, and everyone will be ridiculously rich π°π°π°
For now, Iβd expect dominance to continue rising toward the 10% zone. That would likely coincide with BTC gradually dropping into the $54,000 area.
After that, Iβll be looking for USDT dominance to start declining and for Bitcoin β along with the entire crypto market β to enter a massive rally.
Finally, weβll be doing nothing but longing the market, and everyone will be ridiculously rich π°π°π°
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Thereβs the lower low, just as expected. But I still think weβll get even better prices, so itβs too early to start buying the dip
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You can smell the blood in the market, the liquidations of 99% of tradersβ¦ BUT what a perfect read on the market it was. Iβve been shorting for the past month and it played out exactly as expected.
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Hope you listened to me, not the βinfluencersβ who were telling you to start buying the dip
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Crypto Advice FreeπΈ
If weβre talking purely from a technical perspective, opening longs before the $60,000 zone feels like a pretty questionable idea
check our chart i already told you btc going to splash crash ππ
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Crypto Advice FreeπΈ
If weβre talking purely from a technical perspective, opening longs before the $60,000 zone feels like a pretty questionable idea
Right when Bitcoin sweeps the lows around the $60,000 zone, weβll start looking for local longs
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Oh, if they give us a flush to $55,000 over the weekend, followed by some consolidation and then a move toward $47,000, that would be an absolute dream scenario
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But if the daily candle closes below the February lows, then I think you already understand what to expect over the coming weeks⦠($54,000)
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