Is BTC Reloading?

Discussion in 'Crypto Assets' started by Lee-Bax, May 13, 2020.

  1. LuckyMac

    LuckyMac

    Really nice idea, itd take the sell side liquidity resting above all them highs too. Its in a precarious position atm im watching closely
     
    #251     May 22, 2022
  2. Lee-Bax

    Lee-Bax

    Hey everyone, markets are open again. I have a few trades open currently. Take a watch on my YouTube channel to see the setup's. Please subscribe if you haven't already would certainly appreciate it. Have a good week
     
    #252     May 22, 2022
    johnarb likes this.
  3. Enjoyed the video! I will be looking to short any spikes in the current market, no longs for me for a while I feel.
     
    #253     May 25, 2022
  4. LuckyMac

    LuckyMac

    I like the levels you have marked out. Definitely logical to have higher time frame markers on the charts.
     
    #254     May 28, 2022
  5. Lee-Bax

    Lee-Bax

    Good afternoon all. Bitcoin , what an interesting currency it is proving to be lately. With these cheaper prices it is certainly providing the less fortunate people to buy more to HODL and make big returns, me included. We come to the zone currently trading at. WILL IT HOLD? Or are we continuing and will see 20k? If you follow my YT you'll know I have opened a small buy position to test the water, if we break down I will close and look to re enter at the 20K zone. What's your thoughts, will we hold here or will we tank? GLIYF
    Screenshot_1.png
     
    #255     May 29, 2022
    johnarb likes this.
  6. I think maybe a break to the upside bull trap, then back down to lower lows.....
     
    #256     May 29, 2022
    LuckyMac likes this.
  7. LuckyMac

    LuckyMac

    I was literally thinking the same. Just dont trust any moves it has atm to be honest
     
    #257     Jun 5, 2022
    Swiss_cheese likes this.
  8. Lee-Bax

    Lee-Bax

    Good morning all. Just a small update today on Bitcoin! There is a lot of talk going on currently about what will happen next with the price of BTC . Clearly we have been in a bear market, and the majority of people say it's going to go down further, BUT ISN'T THAT THE OBVIOUS MOVE? To move down further would just be the obvious continuation from a bearish trend . Currently we are moving in this range between 32K + 28.5K. I have bought at this zone as I think we will get that breakout to the upside. Included is a chart for BTC with the illiquid supply and the price of BTC between halving's, Clearly showing divergence between the two. I saw someone post it and thought I was very interesting to see, so thought i would include it in. Aren't we supposed to do the opposite of the obvious? I'm buying and im holding it still. What's your take on wether we are at the current bottom. GLIYF
    Screenshot_2.png Screenshot_1.png
     
    #258     Jun 8, 2022
    johnarb likes this.
  9. Am going to buy some more bitcoin this week. Hopefully will start to rise again soon.
     
    #259     Jun 12, 2022
  10. Lee-Bax

    Lee-Bax

    Good afternoon everyone hope you're all having a good weekend. Back again today to report our position on Bitcoin has hit SL, only 0.5% loss so it's all good. The bearish trend continues and we have broken out of this small range we have been trading in. It now look's highly likely that we may be visiting the next demand zone down at 24K. Perfect for all of us that want to DCA into BTC . If we get a retest of this break then I may look to take a sell down to that zone below. If not then we will look to buy further down if we visit that demand zone . sit on our hands time for now. GLIYF Screenshot_1.png
     
    #260     Jun 12, 2022
    johnarb likes this.