Bitcoin Live Trading

On Bitcoin

Changed since their last video: cycle flipped up to down.

Views

• Next days (next 1–7 days): Leans up (timeframe is our reading): Right now, it's just sit back, relax, and enjoy the ride. And the ride is probably up and then we will see if it stops going up where we are riding next. ▶ 1:20:08
• This cycle (next 6–18 months): Leans down (timeframe is our reading): Oh man, I think the bear market bottom is going to be 50s, low 50s. ▶ 1:22:19

If this, then that

• If If price goes up to the 74.3-74.4 area or an equal high at 74K, he will look to short again, then no target given (next days): If we go up to let's say the 74.3 74.4 area or at least equal high at 74K, I'm more than willing to get in again and start shorting it. ▶ 1:06:50
• If If sellers don't start rejecting at the current level, price goes straight to 74.5K, then no target given (next days): If they don't start rejecting here, we're going straight to 74 and a half K. ▶ 18:12

Levels named

• 74.4k: Resistance (last remaining liquidity region, with heavy resistance): The only region that we have left right now would be 74.4K, but we're having some massive resistance at this level ▶ 04:10
• 74.4k: Resistance (first liquidity void, where he places a limit order): And the first liquidity void is at 74,367. So I'm going to place like a limit order at 74,367. ▶ 1:22:28
• 73.2k: Their view is wrong past this (stop-loss level for his short): I think I'm going to close it at 73.2 if it gets there and then we'll reconvene and look for a re-entry. ▶ 11:57
• 71.2k: Support (key level to hold while price consolidates): Now it's just consolidating on it. 71,183 key to hold. Bro, that's 1.8% away. ▶ 2:34:23

Their own position: Short, with leverage. I'm currently in a Bitcoin long, which is 3.6 Bitcoin. It's up 168% and almost $6,000 profit. And I'm in a Bitcoin short, which is now using all the rest of the available margin