Bitcoin (BTC): Do Not FOMO, We Still Got Time, Stay Safe!

6 дней назад

Bitcoin is back hoving near 100K zones, trying to push again for a possible upward movement here.

Well, on a bigger picture, our view remains the same as previously; we are looking for perfect setups, which means we need to see the price to decline towards the support zone of 74K.

Now once the downward movement starts, we might not see the price to decline that low, but this would be the most perfect zone for buying.

Realistically, we will be looking for price to reach at least 83K-84K from where we will look for a possible mid term long position, so let's wait for proper reversal and dominance from sellers, all about momentum 😉

Swallow Team

6 дней назад

Заметка

Bitcoin has made a decent foundaton where we failed to form a MSB and price bounced from $91600 zone.

Now that we have bounced from there, we expect to see a little further move to upper zones here, where at one point we should see some sharp moves (most probably to lower zones).

Now as always, we never rush; we wait so that's what everyone should do. If we see more confirmations of a possible break of ATHs and dominance from sellers, then our view will change most probably but as of now, this is the play we see—a rejection and a move to lower zones!

5 дней назад

Заметка

Bitcoin is back again at $100,000 zones, where price has broken the major resistance zone once again (but zone not yet secured by buyers).

As price has broken this 100k zone, we are seeing some signs of weakness kicking in, which is normal, and with further push from sellers, we might see a possible move back below the 100k.

But if we manage to form BoS on smaller timeframes, breaking the local highs, we might just as well go for the re-test of ATHs, so let's wait out and see which way we will head.

4 дня назад

Заметка

Sellers showed a nice dominance here and those who have been keeping an eye on our channel saw that we also took a short position here.

Now that we had this bigger rejection from the major resistance zone, we see that sellers are not yet giving up that zone so easily so as of now our next point of interest is 91K, where we expect to see some kind of support and volume from buyers.

If buyers maintain this zone, then we will most probably re-test the upper resistance zone, but if dominance of buyers is lost there, then Bitcoin will have some good rollercoaster rides!

3 дня назад

Заметка

With the current dominance that sellers are showing, the situation on Bitcoin is not looking good at all.

Now for us, as we love to short everything, this has been playing out very well, where price has dropped 10% since the rejection from the major resistance zone.

Now we expect to see further pressure from sellers breaking local support zone, which would then lead the price to stay below the 91K area, where during the weekends we might see some re-tests to happen or sideways movements.

Overall, looking for a bigger dominance from sellers soon and a bigger liquidity hunt to happen!

позавчера

Заметка

Buyers took over the zone near 91K and are now leading price back towards EMAs and maybe to the upper resistance zone.

Now we do not see any volume to break the upper resistance here so we are looking for one of those zones so show us proper rejection, which would lead price back to 91K for another attempt to break it. Eyes on that zone!