AlphaBTC

#GM #Crypto

#Bitcoin finally broken & closed below the range. $DXY is looking strong & #Tradfi looks weak, so I think we see those lower level targets hit soon, with tradeable bounces on the way.

#GM #Crypto

No real change on the higher time frames for #Bitcoin. A test up to 22.9-23k is still possible before a further leg down to claim the liquidity below. Similar to last week grinding up, with stops building below on every HL, just ripe for the taking.

Stay #SAFU

#GM #Crypto

لم يتغير الكثير في الأطر الزمنية المنخفضة لـ#Bitcoinمنذ التحديث أمس. ما زلت أتطلع إلى انخفاض قبل انتعاش أكبر. يبدو أن 20 ألف نقطة محتملة ولكن هل سيتم الوصول إلى هذا المستوى هذا الأسبوع أم يتعين علينا انتظار أرقام مؤشر أسعار المستهلك الأسبوع المقبل للتحرك الكبير التالي؟

ابق على #SAFU

#GM #Crypto

#Bitcoin finally got the push back up to retest the high 22k levels overnight taking all the liquidity from the late over leveraged shorts. I'm still looking for the Feb lows to get swept, but if #BTC were to close & hold above the mid range, then my bias will shift

#GM #Crypto

So it all hinges on today's CPI prints. With all the #BUSD FUD and regulation talks, a hot CPI would be a good catalyst to start the next collapse of the Crypto house of cards. Any high time frame closes below 20k and #Bitcoinis likely revisiting lows.

Stay #SAFU

أعلم أن الجميع يكرهون صورة الدببة في الوقت الحالي، ولكن التراجع لا يزال محتملاً في رأيي وهو مجرد مسألة وقت. 04925266636

#GM #Crypto New month and the FOMC today. You do have to admit that's a pretty impressive Monthly bullish engulfing candle for #Bitcoin Today we see volatility, so no high leverage pls.

Using the #1 Distribution Schematic on #Bitcoin, If this push falls back into the range, then maybe we have the UTAD. Lets see what happens when CME opens later.

#GM #Crypto

My #Bitcoin bias still remains as it ranges around 23k. A larger correction down to 21.5k and as low as 20.5k is most likely IMO, especially with the Core PCE numbers later today, which i think will come in slightly above forecast, & hence weigh on Risk assets.

#GM #Crypto

لم يتغير شيء في خطتي خلال اليومين الماضيين، في الواقع، حقيقة أن المستوى #Bitcoin قد امتد إلى الأسفل منذ بداية الأسبوع، تجعل من غير المرجح أن يكون هناك موجة أصغر من الدرجة 5 قبل التصحيح الأكبر، فقط انظر إلى المستوى #Ethereum

هذا الفراكتل #ETH لا يبدو بعيد المنال الآن....

#Crypto

#GM #Crypto #Bitcoin has swept the September lower High & so far rejected. I'm still looking for the pull back into the low 20K's & a retest of the Daily 21 EMA before any continuation. Momentum is dropping, so a pullback is logical, but u don't always get you what u want.

#GM #Crypto So the pull back has started, i am still looking for lower before any attempt to break back above this weeks high on #Bitcoin. For bulls they want a shallow retracement, anything below 19.3k & #BTC starts to move to a bears bias. Trade #SAFU

#GM #Crypto

So we got the sweep of the high / SFP on the LTF over night, now we wait to see if #Bitcoin is going to fill the CME gap and some of the inefficiencies left by the move on Friday.

It could just keep blasting up, but $DXY looks like it may be ready to bounce.

Using the #Bitcoin CME chart, its a clean sweep of the range high SFP. I'm looking for more profit taking into the FOMC at the start of Feb, then we wait to see if there is continuation or the FED look to crush the market rallies.

We also have earnings over the next few weeks!

#GM #Crypto #Bitcoin is coiling up with low volatility, like most weekends. The Key for me will be what happens at the CME open later this evening. I think a pull back into the open at around 19.8k is likely.

⚠️A H4+ close below the 38.2 would point at lower targets.

#GM #Crypto As the dusts settles on the markets post CPI, i think we are going to see some profit taking & repositioning for the Feb FOMC meeting in 3 weeks.

Both #Bitcoin & #ETH need a cooling off period, so a pull back today into the weekly close is likely.

Stay #SAFU

Critical level for #Bitcoin, break here and accept back in the Q4 2022 range and the mid 20k is a good possibility. Reject hard and we are likely to see 15K's or lower. All hinges on CPI data later today.

#GM #Crypto

What a day we have today CPI and #Bitcoin is back above 18k. #ETH is hitting resistance and we are likely to see moves in both directions today before CPI as people position for a bigger move. Do we get a pull back to fill the FVG's left from the overnight move?

#GM #Crypto

So #Bitcoin is still in the range it has been playing in for the last month+. Hitting extremes on a H4 momentum indicators and now cooling off.

A pull back to fill the FVG back to 17k seems likely, then its a matter of does it hold & bounce, range or drop?