Bitcoin (BTC)

$btc longs

Main first TP area inside the range reached. Back to 3 W's in a row.

Alright! Our pinpointed POI and eth mmd + local shorts into the low playing out as clean as they should.

Running the printer for 3 times now the last two days.

Meanwhile, the range we talked about is developing.

Locking in another 30% here, leaving 25% for above range high, which is still what I am awaiting to enter the next short.

Was somewhat of a ride to get back to winning after the emotional loss of the large downtrend on the long.

It seemed like 10 losses, it only was one. But emotions skew reality, as much as I try to be emotionally perfect, it did shake my confidence on my first long again after that.

Would like to see this range develop further now, extending it into Monday at least, where I hope to see a good local short entry next week.

That's all low timeframe talk. Regarding the high timeframes, this local range forming, and breaking out to the upside (so that we get our 7.12% move), is mandatory to validate our 60k bottom call further.

Final notes: look at the chart I posted on the screen, and the last long just taken today, then zoom out on the daily.

Do you see similarities between both regarding the relative position of both extremes of the range in the time dimension?

🚨 The 10 pieces of information you shouldn't miss today:

🔹 The United States could drop a crypto tax project as early as Friday.

🚀 Goldman Sachs estimates that SpaceX's AI revenue could be multiplied by 100 by 2030.

🤖 Anthropic calls for a global pause on AI development.

🏦 JPMorgan, Citi and several major US banks are preparing a network of tokenized deposits.

🇯🇵 The Bank of Japan could raise its rates to 1% this month.

😱 The Crypto Fear & Greed index fell to 12, an extreme fear level.

📱 Apple is reportedly preparing a new Siri boosted with Google and Nvidia technologies.

₿ The first US mortgage backed by Bitcoin is said to have been issued.

🎙️ Jim Cramer believes recent moves by Michael Saylor are shaking the crypto market.

📉 Arthur Hayes has liquidated all his HYPE and NEAR positions.

What do you think is the most important event of the day? 👇