Bitcoin haven't yet lost the trend, but its doing same dip as it did several times before, and as we know, the more times SR/trendline is tested, the weaker it becomes. So I turn bearish and recommend accumulation of short position by ladders from 9500 / 9640 / 9740 (if you haven't used wick to 10k zone, which was a perfect short entry). Targets 8900 / 8666 / 8450 / 8000.
🟥 9500 - 9640 - 9740 - 9850 - 9970
🟩 8900 - 8666 - 8450 - 8000 - 7700 - 7200
😱 Fear & Greed index: 38 (<= 52 <= 54 <= 52)
👑 BTC Dominance: 64.9% (<= 64.7 <= 64.8 <= 64.7)
⚙️ 24h Volume: $108 billion (<= 83 <= 75 <= 74)
تعليق:
Nothing changes, same side moving. Although long term I'm extremely bullish, each day my feelings for short term dump grow stronger. Got to choose side here. Other way no chance to earn/lose money from the move. Whales got to cut those early shorts, so highly possible pump will come first. While ~9700 zone stay strongest, we may see pump up to 10100 to collect more liquidation. And then dump to 8900 / 8666 or lower. Expect unexpected. Volume is dropping so move is coming soon.
Accumulating short position by ladder from 9670 / 9750 / 10050. Stop above 10125.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9200 - 8900 - 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 40 (<= 38 <= 38 <= 52)
👑 BTC Dominance: 64.9% (<= 64.8 <= 64.9 <= 64.7)
⚙️ 24h Volume: $60 billion (<= 72 <= 108 <= 83)
Nothing changes, same side moving. Although long term I'm extremely bullish, each day my feelings for short term dump grow stronger. Got to choose side here. Other way no chance to earn/lose money from the move. Whales got to cut those early shorts, so highly possible pump will come first. While ~9700 zone stay strongest, we may see pump up to 10100 to collect more liquidation. And then dump to 8900 / 8666 or lower. Expect unexpected. Volume is dropping so move is coming soon.
Accumulating short position by ladder from 9670 / 9750 / 10050. Stop above 10125.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9200 - 8900 - 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 40 (<= 38 <= 38 <= 52)
👑 BTC Dominance: 64.9% (<= 64.8 <= 64.9 <= 64.7)
⚙️ 24h Volume: $60 billion (<= 72 <= 108 <= 83)
تعليق:
📉 Daily Bitcoin chart review 📈
Trendline cross acted as a trigger for dump. BTC landed right into our first support zone at 8900 👌 This bounce may take BTC to previously broken support at 9200-9260 range. Big picture favor lower retracement to ~8630-8700 zone. That will be last support able to reverse price back up. If won't hold, within 1-3 weeks Bitcoin will fall to 7150-7350.
🟥 9200 - 9540 - 9640 - 9740 - 9850 - 9970
🟩 8900 ✅ 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 37 (<= 40 <= 38 <= 38)
👑 BTC Dominance: 65.1% (<= 64.9 <= 64.8 <= 64.9)
⚙️ 24h Volume: $80 billion (<= 60 <= 72 <= 108)
📉 Daily Bitcoin chart review 📈
Trendline cross acted as a trigger for dump. BTC landed right into our first support zone at 8900 👌 This bounce may take BTC to previously broken support at 9200-9260 range. Big picture favor lower retracement to ~8630-8700 zone. That will be last support able to reverse price back up. If won't hold, within 1-3 weeks Bitcoin will fall to 7150-7350.
🟥 9200 - 9540 - 9640 - 9740 - 9850 - 9970
🟩 8900 ✅ 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 37 (<= 40 <= 38 <= 38)
👑 BTC Dominance: 65.1% (<= 64.9 <= 64.8 <= 64.9)
⚙️ 24h Volume: $80 billion (<= 60 <= 72 <= 108)
تعليق:
📉 Daily Bitcoin chart review 📈
Overnight poll (at telegram) showed that 52% expect more or less bullish more first while 48% are relatively bearish. Daily volume keep dropping and we still haven't seen those who bought the dips on 11 and 15 June closing their longs. Reason - no liquidity. I voted for pump to 9750 before dump. Still makes sense to me. Currently it is very easy as sell walls below 9550 are very small.
P.S. Now price in no trade zone. Wouldn't go long or short from here. Either buy the dips or short the pump if you don't want to lose money from upcoming volatility.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9260 - 8900 - 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 38 (<= 39 <= 37 <= 40)
👑 BTC Dominance: 65% (<= 65.2 <= 65.1)
⚙️ 24h Volume: $68 billion (<= 77 <= 80 <= 60)
📉 Daily Bitcoin chart review 📈
Overnight poll (at telegram) showed that 52% expect more or less bullish more first while 48% are relatively bearish. Daily volume keep dropping and we still haven't seen those who bought the dips on 11 and 15 June closing their longs. Reason - no liquidity. I voted for pump to 9750 before dump. Still makes sense to me. Currently it is very easy as sell walls below 9550 are very small.
P.S. Now price in no trade zone. Wouldn't go long or short from here. Either buy the dips or short the pump if you don't want to lose money from upcoming volatility.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9260 - 8900 - 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 38 (<= 39 <= 37 <= 40)
👑 BTC Dominance: 65% (<= 65.2 <= 65.1)
⚙️ 24h Volume: $68 billion (<= 77 <= 80 <= 60)
تعليق:
📉 Daily Bitcoin chart review 📈
BTC landed exactly where we were waiting for it - dipped to 9231.03 at Binance Futures 👌😎 Although it moves exactly according to plan I draw 2 days ago, it is still not clear if it will break 9444 SR. If it will, re-test of 9550 followed by breakout to 9755 and 10k are possible. To start bears massacre it only need to cross previous lower high.
Since now BTC is in the middle again, same advice as yesterday. Hunt for extreme values. Don't enter trade here. If you didn't use support at 9250 (WHY?!), wait for another pump or dump to open position. Trade range is between 9540 and 9250.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9260 ✅ 8900 - 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 38 (<= 38 <= 39 <= 37)
👑 BTC Dominance: 65% (<= 65 <= 65.2 <= 65.1)
⚙️ 24h Volume: $66.6 billion (<= 68 <= 77 <= 80)
📉 Daily Bitcoin chart review 📈
BTC landed exactly where we were waiting for it - dipped to 9231.03 at Binance Futures 👌😎 Although it moves exactly according to plan I draw 2 days ago, it is still not clear if it will break 9444 SR. If it will, re-test of 9550 followed by breakout to 9755 and 10k are possible. To start bears massacre it only need to cross previous lower high.
Since now BTC is in the middle again, same advice as yesterday. Hunt for extreme values. Don't enter trade here. If you didn't use support at 9250 (WHY?!), wait for another pump or dump to open position. Trade range is between 9540 and 9250.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9260 ✅ 8900 - 8666 - 8450 - 8000 - 7700
😱 Fear & Greed index: 38 (<= 38 <= 39 <= 37)
👑 BTC Dominance: 65% (<= 65 <= 65.2 <= 65.1)
⚙️ 24h Volume: $66.6 billion (<= 68 <= 77 <= 80)
تعليق:
📉 Daily Bitcoin chart review 📈
BTC tried to break 9450, but failed (so far). Day not over, but since we have weekend coming, here is the day chart to show potential range of volatility we may expect. Big trend is bullish, but at daily BTC is falling, and if drop below 9200, targets will be 8888 / 8666 support zones.
Above same ~9750 zone waiting for the touch. No gaps there, but I believe this level will be tested in any case, sooner or later.
🟥 9450 - 9600 - 9745 - 9880 - 10000
🟩 9260 ✅ 8888 - 8666 - 8500 - 8300
😱 Fear & Greed index: 39 (<= 38 <= 38 <= 39)
👑 BTC Dominance: 65.1% (<= 65 <= 65 <= 65.2)
⚙️ 24h Volume: $67 billion (<= 66.6 <= 68 <= 77)
📉 Daily Bitcoin chart review 📈
BTC tried to break 9450, but failed (so far). Day not over, but since we have weekend coming, here is the day chart to show potential range of volatility we may expect. Big trend is bullish, but at daily BTC is falling, and if drop below 9200, targets will be 8888 / 8666 support zones.
Above same ~9750 zone waiting for the touch. No gaps there, but I believe this level will be tested in any case, sooner or later.
🟥 9450 - 9600 - 9745 - 9880 - 10000
🟩 9260 ✅ 8888 - 8666 - 8500 - 8300
😱 Fear & Greed index: 39 (<= 38 <= 38 <= 39)
👑 BTC Dominance: 65.1% (<= 65 <= 65 <= 65.2)
⚙️ 24h Volume: $67 billion (<= 66.6 <= 68 <= 77)
تعليق:
📉 Daily Bitcoin chart review 📈
BTC volume is dropping. Within next 8 hours expect a sharp move. We have a very clear zone at 9375 which will be the first one used by small fish. The higher above it the more liquidity will be there for dump. 1H chart draw higher lows, so pump is expected, but as 4H chart is in downtrend, I'll be shorting wicks and targeting 8888 / 8666 support zones.
Since we expect BTC move, alts trades are dangerous at current level. But its a good time to prepare buy orders to catch the dips at levels others will have stop losses at 😉
🟥 9330 - 9450 - 9600 - 9745 - 9880
🟩 9222 - 9030 - 8888 - 8666 - 8500
😱 Fear & Greed index: 38 (<= 39 <= 38 <= 38)
👑 BTC Dominance: 64.8% (<= 65.1 <= 65 <= 65)
⚙️ 24h Volume: $59 billion (<= 67 <= 66.6 <= 68)
📉 Daily Bitcoin chart review 📈
BTC volume is dropping. Within next 8 hours expect a sharp move. We have a very clear zone at 9375 which will be the first one used by small fish. The higher above it the more liquidity will be there for dump. 1H chart draw higher lows, so pump is expected, but as 4H chart is in downtrend, I'll be shorting wicks and targeting 8888 / 8666 support zones.
Since we expect BTC move, alts trades are dangerous at current level. But its a good time to prepare buy orders to catch the dips at levels others will have stop losses at 😉
🟥 9330 - 9450 - 9600 - 9745 - 9880
🟩 9222 - 9030 - 8888 - 8666 - 8500
😱 Fear & Greed index: 38 (<= 39 <= 38 <= 38)
👑 BTC Dominance: 64.8% (<= 65.1 <= 65 <= 65)
⚙️ 24h Volume: $59 billion (<= 67 <= 66.6 <= 68)
تعليق:
📉 Daily Bitcoin chart review 📈
Despite recent swing from 9152 to 9447 BTC volume is still decreasing. Last 4H candle ended up with gravestone doji, which itself is a bearish sign. Therefore most probably we may expect next move down and if it will bounce above 9150, next swing may hit ~9550 resistance zone (or higher). If drop lower, then targets 8888-9100 (with a chance to dump lower)
Yesterday forecast: small fish shorted 9375 ✅ Bigger shorted 9444.
P.S. Dominance still moves sideway, yesterday growing, today falling. Trade carefully.
🟥 9450 ✅ 9600 - 9745 - 9880
🟩 9222 - 9030 - 8888 - 8666 - 8500
😱 Fear & Greed index: 37 (<= 38 <= 39 <= 38)
👑 BTC Dominance: 64.7% (<= 64.8 <= 65.1 <= 65)
⚙️ 24h Volume: $58 billion (<= 59 <= 67 <= 66.6)
📉 Daily Bitcoin chart review 📈
Despite recent swing from 9152 to 9447 BTC volume is still decreasing. Last 4H candle ended up with gravestone doji, which itself is a bearish sign. Therefore most probably we may expect next move down and if it will bounce above 9150, next swing may hit ~9550 resistance zone (or higher). If drop lower, then targets 8888-9100 (with a chance to dump lower)
Yesterday forecast: small fish shorted 9375 ✅ Bigger shorted 9444.
P.S. Dominance still moves sideway, yesterday growing, today falling. Trade carefully.
🟥 9450 ✅ 9600 - 9745 - 9880
🟩 9222 - 9030 - 8888 - 8666 - 8500
😱 Fear & Greed index: 37 (<= 38 <= 39 <= 38)
👑 BTC Dominance: 64.7% (<= 64.8 <= 65.1 <= 65)
⚙️ 24h Volume: $58 billion (<= 59 <= 67 <= 66.6)
تعليق:
📉 Daily Bitcoin chart review 📈
Target zone of 9750 I've been writing about since June 12th finally hit 👌 Following the same logic now we may expect BTC to re-test 9450 zone (might dip lower to 9350). If BTC intend to be bullish it should bounce from these zones. Otherwise falling below may return it back on a weak road to 8700.
Bullish scenario - second leg starts from 9600 support - in this case BTC first test 10k, and then go back to re-test 9450. Therefore shorting here is dangerous.
🟥 9745 ✅ - 9880 - 10000 - 10222 - 10500
🟩 9450 - 9360 - 9290 - 9050 - 8888 - 8666
😱 Fear & Greed index: 41 (<= 38 <= 37 <= 38)
👑 BTC Dominance: 64.7% (<= 64.6 <= 64.7 <= 64.8)
⚙️ 24h Volume: $71 billion (<= 59 <= 58 <= 59)
📉 Daily Bitcoin chart review 📈
Target zone of 9750 I've been writing about since June 12th finally hit 👌 Following the same logic now we may expect BTC to re-test 9450 zone (might dip lower to 9350). If BTC intend to be bullish it should bounce from these zones. Otherwise falling below may return it back on a weak road to 8700.
Bullish scenario - second leg starts from 9600 support - in this case BTC first test 10k, and then go back to re-test 9450. Therefore shorting here is dangerous.
🟥 9745 ✅ - 9880 - 10000 - 10222 - 10500
🟩 9450 - 9360 - 9290 - 9050 - 8888 - 8666
😱 Fear & Greed index: 41 (<= 38 <= 37 <= 38)
👑 BTC Dominance: 64.7% (<= 64.6 <= 64.7 <= 64.8)
⚙️ 24h Volume: $71 billion (<= 59 <= 58 <= 59)
تعليق:
📉 Daily Bitcoin chart review 📈
BTC options expired and nothing happened so far. If within next 2-6 hours price won't grow above 9200, we may see it dump to 8888 - 8700 - 8500. If it will manage to grow above and close there, we may see 9450 tested again. Daily/4H/1H under 21 EMA, so bearish in general. Check stats for volume/dominance - same as yesterday. So market is in anticipation for something bigger to happen. Hold your pants 💩
🟥 9300 - 9450 - 9600 - 9745 - 9880
🟩 9050 - 8888 - 8666 - 8530 - 8300
😱 Fear & Greed index: 40 (<= 43 <= 50 <= 41)
👑 BTC Dominance: 64.4% (<= 64.4 <= 64.6 <= 64.7)
⚙️ 24h Volume: $73 billion (<= 73 <= 63 <= 71)
📉 Daily Bitcoin chart review 📈
BTC options expired and nothing happened so far. If within next 2-6 hours price won't grow above 9200, we may see it dump to 8888 - 8700 - 8500. If it will manage to grow above and close there, we may see 9450 tested again. Daily/4H/1H under 21 EMA, so bearish in general. Check stats for volume/dominance - same as yesterday. So market is in anticipation for something bigger to happen. Hold your pants 💩
🟥 9300 - 9450 - 9600 - 9745 - 9880
🟩 9050 - 8888 - 8666 - 8530 - 8300
😱 Fear & Greed index: 40 (<= 43 <= 50 <= 41)
👑 BTC Dominance: 64.4% (<= 64.4 <= 64.6 <= 64.7)
⚙️ 24h Volume: $73 billion (<= 73 <= 63 <= 71)
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📉 Daily Bitcoin chart review 📈
Yesterday Bitcoin dead cat bounce reached 9545. Today we may expect price either to drop below trendline and dump to nearest strong support or bounce and test 9650-9750 zone (next may be bounce from 9550 and growth to 10k). At this moment both scenarios are equally possible.
Recommendations stay the same - accumulation of short position by ladders from 9520 / 9670 / 9750. Stop above 9800. Targets are 8900/8666 and below support zones.
🟥 9540 - 9640 - 9740 - 9850 - 9970
🟩 9200 - 8900 - 8666 - 8450 - 8000 - 7700