Bitcoin forum
BTCUSD Max pain point for options that expired Friday was $96,500, which was almost exactly where it landed. This Friday a much larger group of options expire, with a max pain point of $85,000... With the light holiday trading week, wouldn't surprise me at all to see that happen, with a quick rebound the following week to the current level. Buckle up.
BTCUSD simulating trade #3 in my sequence. i need this one to lose so I can enter the next one. tradingview.com/x/TQuPKihp
BTCUSD stick to hunting track
BTCUSD Also very interesting BTC had a 31% pullback at the same time we are at now on the way to the 1st 2021 bull market high. See blue arrow.
BTCUSD So far pretty amazing cycle patterns playing from last cycle. Days from 2020 having to breakout around 154 days. (same for this cycle to break out of bull flag). If we are to follow the days to the 1st 2021 top of appx. 336 days, that would put us somewhere around first week in March. If you add the flag pole extension from the bull flag, that takes us to the 1.618% FIB of 173K. Also if add the ghost bars from the bottom of the bull flag to today (8 - 2 week candles in the red circle), and add them to todays price, it ALSO takes you to the 1.618 extension of 173K around the exact same time frame. (Chart is on LOG scale)
BTCUSD Dont know why, im not feeling this price action. Some of my charts are saying down, while the one i use normally saying up. Im staying out before i get whooped hard.
BTCUSD tug of war for 97k at the moment
BTCUSD Rather living on the edge...
BTCUSD Coiling like a spring.BTCUSD Do something lol rejection or push through...?