Alright, 67k reached, and we're already getting close to our final target (aside runners) of 73k.
Seeing the timeline acting as if they called this move. It's funny to see, because in my world, nothing counts unless action is taken because calling a move is easy without acting (as you can call 10 different directions and say you called it). Hence, executing is a completely different game (you can only stand behind 1 direction)
I could write books of why so many called sub 50k, even sub 60k while we hit 62k, and we didn't hit either.
It's a sentiment read, telling us people are bearish.
Instead market went up. And we executed on it, all in live time. There is no if or but about it.
Entry taken, move performed, and now, we get to slowly cash in, can take second TP on the long entry I posted at 62.9k. And I took first TP on my long from 63.8k, right here at 69k.
Reversal call successful ✅ No 60k ❌, instead 69k. ✅
64k reached and in the 63-64k zone now, but I'm not long yet.
Alright, at 64k now, and earlier today, price landed dead centre in the 63-64k zone (63.5k), whilst taking Mondays low, which is what we wanted, planned for, and waited for to try long again, all we need now is confirmation.
That confirmation should consist of local shorts, no one longing and a good spot-perps spread with a quality low (good imbalances) and ideally, no liquidity below.
So far, we have none of that, and we still have liquidity just below the low.
So personally, not longing here at 64k yet, waiting out at least a sweep of the low before getting long again.
So, a bit of patience requested, but don't worry, my predictions of the local confirmation coming usually play out, 99% of the time.
It's just about entry refinement.
So just updating you here. An update that shouldn't be necessary coming from me since I call out all my entries and exits live.
But I'm all about holding an opinion, and staying aligned with clarity so here you go.
$BTC dropped to $64,000 last night liquidating $436M longs.
Then $BTC immediately pumps back above $66,000 liquidating $70M shorts.
$500M total liquidations In just 24 hours.
But here’s where it gets interesting…
At $64,000 - $66,000 almost all of the liquidity has now been cleared. Only a small amount remains at $64,000, making another sweep possible.
However, at $68,000 - $71,000 we have a ridiculously large amount of liquidity clusters built up, making it a high probability we visit this zone next.
Bulls could respond here.
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🚨 Missouri’s #Bitcoin Strategic Reserve Fund bill HB2080 has advanced to the House Commerce Committee for review.
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