Bitcoin Live Trading [Friday Volatility]

On Bitcoin

Changed since their last video: days flipped down to up; weeks went from leaning down to expecting down.

Views

• Next days (next 1–7 days): Leans up (timeframe is our reading): Bitcoin is flying. It's eating everything that it can get its hands on. We might see 79k. ▶ 1:11:39
• Next weeks (next 2–6 weeks): Expects down (timeframe is our reading): I'm still convinced that it's going down and that's my issue. Like I can't tell you from where but I am definitely convinced about the fact that they need to retrace it and need to come down at one point. ▶ 1:08:38

If this, then that

• If Price is not rejected at the current highs, then 79k (next days): Listen, if they don't reject here, it's going to be 79. I see nothing stopping us between 77.5 and 79k. Like genuinely nothing. ▶ 45:08

Levels named

• 83–84k: Their view is wrong past this (liquidation price of the host's short if more margin is added): Add another 500k or 1 million to it. That can change my liquidation to 83 84. ▶ 1:08:33
• 77.5–79k: Target (nothing seen stopping price between these levels if there is no rejection): Listen, if they don't reject here, it's going to be 79. I see nothing stopping us between 77.5 and 79k. Like genuinely nothing. ▶ 45:08
• 76.8k: Resistance (acceptance above this level would look scary fast): If we get acceptance above the 76.8 level, it's going to look scary really really fast. ▶ 28:50
• 73.8–74.5k: Support (a healthy retrace zone): A retrace of 74.5 would be healthy and even more 73.8. ▶ 55:02

Their own position: Short, with leverage. As you can see on the screen, I'm still in what is it? 215 Bitcoin short.