Bitcoin Live Trading [Friday Volatility]

On Bitcoin

Changed since their last video: days moved sideways to down.

Views

• Next days (next 1–7 days): Leans down (timeframe is our reading): I think a retest of at least the 79.3 is due. And maybe this is going to be an absolutely bloody Friday. ▶ 27:11

If this, then that

• If Price trades below 80.4K, the host is bearish, then no target given (next days): Listen, below 80.4, I am bearish. It is that easy. Below 80.4, I am definitely bearish. ▶ 19:06
• If Price flips 82.4K with conviction, the host would consider becoming bullish, then no target given (next days): Above 80.4, I am not bullish either. It needs to flip 82.4 with conviction before I am considering to become bullish. ▶ 19:16

Levels named

• 87.4k: Target (key level to watch and take-profit zone for the hedge): keep an eye out for the 87.4K level. And keep an eye out at the reaction at the 79.3. ▶ 1:08:35
• 82.4k: Resistance (upper key level of the current range): So again, it is 82.4K and it is 78.4K. ▶ 11:55
• 80.4k: Resistance (absolute mid-range of the current range): 80.4 is a key level. So, I think it is going to get tested either before moving down or before moving up. ▶ 10:41
• 79.3k: Support (double low where liquidity has built up; make or break level): it is getting more and more likely aiming at the 79.3. That is where it is going to make or break ▶ 31:23
• 78.4k: Support (lower key level of the current range): So again, it is 82.4K and it is 78.4K. ▶ 11:55

Their own position: Short. I got my little long hedge. Let me get the profit zoom on. So my short is up 434K and my long is down 53K.

Dates named

• Clarity Act sell the news, undated: we indeed had a sell the news event, which is the Clarity Act.