Bitcoin_Weather

[Bitcoin] Warning

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
- crypto hype at its peak (euphoria)
- F&G index in extreme greed
- new ATH announced in mainstream media
- too many winners in the market for months
- vertical price rise since 40K
- momentum indicators in overbought zone for weeks
- several bearish divergences in TF4h
- downward trend in recent days
- the price action has broken its bullish oblique
- the renewed inflation will delay rate cuts
Trade attivo:
Take profits or set SL orders:
Trade attivo:
Update:
Commento:
Take profits or set SL orders.
Trade attivo:
Commento:
TF1h: 71K rejected, bearish scenario still valid.
Commento:
Rejection confirmed.
Commento:
Strong rejection in progress.
Commento:
Tough battle around the key level of 71K.
Trade attivo:
Commento:
Bitcoin is starting a long fall.
Commento:
Beware, if Bitcoin rises back above 71K, the bearish scenario will be definitively invalidated.
Trade chiuso: stop raggiunto:
I've misinterpreted the results of my predictive model on Bitcoin: the sharp drop isn't for now, actually there are three bullish spurts left until a new ATH.
Trade chiuso manualmente:
Commento:
Update:

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