$BTC It seems that the result of last night's large pancake long position has been fed back, planning to short around 67700, what do you brothers think?
$BTC Bitcoin's K-line is behaving a bit strangely The upper pressure is getting closer, and it can break through at any time. If this position stabilizes above 66, let's take a look over the weekend.
$BTC The time to aggressively increase Bitcoin holdings has arrived!
The daily chart's bullish pattern is still intact, and now is the time to add to long positions at an average price of 70000! Currently, this trend resembles that of the night before yesterday.
$BTC You will regret not making more of this decision on March 24 and 25 when you reach the end of the month. I have been hinting at a bullish trend for two consecutive days, and there are still five days left until 77500.
By the way, if you think my direction is not good, you don't have to follow. If we are aligned in our direction, we can try it out. Don't question my expertise with your ignorance 🙏
$BTC The daily price of Bitcoin has once again stabilized at 70,000, aiming for 78,000!
Yesterday, due to the sharp decline in U.S. stocks leading to a rapid drop in the price of Bitcoin, it nearly fell below the bullish engulfing support at 67,000. After the U.S. stock market closed at 4 AM, Bitcoin rebounded strongly to stabilize at 70,000. Fan's insight is that yesterday's drop was merely a trap to induce short positions and trigger long stop losses; we continue to look bullish for the day!
Looking back at the two previous upward phases as shown in the chart, they were 74,000 and 76,000 respectively, with the preceding support levels at 64,000 and 76,000. The common point of the upward trend is that both formed bullish engulfing patterns on the daily chart, with a price increase of about 10,000 points in space. Therefore, this time, the formation at 67,000 seeing 77,500 should be relatively easy.
The previous two upward cycles lasted 7-8 days. Based on this, it is estimated that this round of increase to 77,500 can be completed by the end of the month. At that time, we will short together. What we need to do now is to go long together with me!
The daily bottom is at 67,000. Yesterday, we established positions at 70,000, and there is still about 7,000 points of profit space above. Hold patiently until the end of the month, trust the market, trust Fan.
Today's operational advice is to look bullish as the price retraces to 70,000-71,000, buying more as it drops around the 67,000 support level...
$BTC The opportunity to go long on pancakes has arrived! Quickly increase your position
During the day, when the price was at 70200, it was suggested to go long, which yielded almost a thousand points of profit. The price is now retracing again, and the opportunity has come back
The support level on the four-hour chart is around 69300. If you're not going long at this nearby level, what are you waiting for? Are you planning to short when the price drops?
Since the daily chart shows that the price can close at 70,000 and a bullish engulfing pattern has appeared, there must be a reason for this. If the price breaks above 72,000, we are likely to see the previous high. Note the daily chart bottom at 67,000.
$BTC Bitcoin is surging dramatically, can you even imagine it! Who else has made this prediction?
Didn’t we also say yesterday that if the daily closing price is above 70000, the direction must shift from short to long? Today at noon, I emphasized again, bullish!
When I published this content, the price was just around 70200, decisively going long and now it's simply floating with a profit of 1000 points. On pullbacks, I will continue to add positions to go long.
Note that as long as the intraday price breaks through the previous high of 71900, the hourly level evening star pattern will become invalid, and at that time, we can look further bullish!
$BTC Bitcoin rebounds from the bottom, the daily line entity engulfs and the market looks bullish!
Important notice, yesterday's plan to short saw the 68-69 range, and the earlier conditions mentioned that a daily closing price below 70000 could wake up. The price did not develop according to my expectations, so I made a small profit and exited this short position.
Currently, from the daily structure, Bitcoin has pulled a large bullish candle and formed a bullish engulfing pattern. The market is shifting from bearish to bullish. Under the current circumstances, I prioritize going long. If there are still bottom short positions, it's time to consider stop-loss.
Since the daily line shows a bullish direction, we can look for support at the four-hour level and find a suitable entry position for ourselves. Personally, I suggest entering long within the range of 69500 to the current price.
Waiting for high certainty opportunities is 100 times more important than frequent operations. The unity of knowledge and action is the core element of trading. 🙏
$BTC The news-driven rally will eventually return to the original market!
It just rose to 71700 but I don't dare to short, but now at 70000 I dare to short! A evening star pattern formed on the hourly level indicating a short-term top signal.
My suggested price for a rebound to 70500-71200 to short with a stop loss at the evening star top price of 71888. Tomorrow you will thank the decision made tonight, don't let the short-term news-driven rally disrupt your strategy!
Tomorrow morning at eight o'clock, if the daily closing price is below 70000, I will continue to be optimistic about the 67-68 range, severely breaking below the 66 mark!
$BTC The BTC feels controlled by the big players this weekend; there has been no movement at all, and all my short positions have been closed. I'll try again tomorrow night!
$BTC The pancake rebounded during the day, luring in the bulls, and this wave of bears achieved a great victory!
Today when the price rebounded to 71,000, I said that the four-hour EMA was under strong pressure, and yesterday I mentioned that even if there was a rebound today, it would be around 71,000, indicating it was an opportunity to short.
Often, some haters do not believe it, thinking I would be liquidated, believing that the price would rise to 76,000 tonight. What you think is that now it’s just a position trapped over a thousand points. Will you still think that next time?
Time proves that the market is never wrong; it is always you who are wrong. Next, it won’t be far from 67-68, so be patient and wait...
$BTC Bitcoin's rebound is a good opportunity to short!
The price quickly rebounded to the 71300 level a few hours ago, and the four-hour EMA is under pressure. I decisively increased my short position and informed the plaza followers that they can now take partial profits and set a breakeven position.
Today's rebound was publicly explained yesterday; there are clues to follow. If you can't make a profit, think more about your own issues. Trading isn't difficult, and currently, there is no limit to the profits from holding positions. There is still room below.
$BTC The last dance of Bitcoin's inducement to go long, are you still not shorting?
Yesterday, I already publicly stated that today's daytime rebound would be around 71,000. Now that we have reached that point, let's increase our short position and just do it.
$BTC Bitcoin, you thought you had it all figured out, be careful of the traps!
The current price of Bitcoin is completely following the script I outlined in my post yesterday. Last night it fell to a low of 68700, and when I posted, the price had a slight dip at 696 before a minor rebound. This morning, the daily closing price was around 69888.
Now the price has rebounded close to the 71,000 mark, and the four-hour RSI oversold sentiment has basically digested half of it. It hasn't even rebounded to 71 yet; think about how much pressure there is above. Not shorting at this moment is truly wasting an opportunity.
Fan Ge opened a short at 70500, aligning knowledge with action. After opening the position, we just patiently wait. Once the key points are identified, we leave it to time. Today, we continue to watch for new lows, estimated to be around 6.6-6.7.
$BTC Bitcoin's decline seems bottomless! The bottoming pattern has already broken down
Just now, I indicated that the small-level flat top is expected to break the double needle pattern at 69000 in one hour, and the short position should continue to be held; this time, let's just get back on the shore, okay?
Currently, we only need to pay attention to the RSI oversold situation at the four-hour level; there is still a lot of space on the daily chart above and below. From a combination perspective, the signal given is to rebound and blindly short.
The short position we publicly announced today at 70400 has reduced to 69000, and the current bottom position can be held with peace of mind, with the break-even position at 70200. Assuming the market rebounds tomorrow, I will look for opportunities to short again.