Mukesh Choudhary retweeted
$BTC
As I have said…
If the prophecy proves true, May will be a red month, with downside around low 70s.
Killa@KillaXBT
$BTC has never had more than 2 green monthly candles in a row during a bear market.
English
Mukesh Choudhary
27.8K posts
Mukesh Choudhary retweeted
bitcoin:native
Currently, we have retraced below the 0.50.
Lets see if the same thing happens again (like the two previous times).
Killa@KillaXBT
Every single time $BTC has deviated above the 0.5, it has resulted in a lower high.
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Mukesh Choudhary retweeted
$BTC
The final leg down below 60,000 United States Dollars.
This range is gradually coming to an end.
Killa@KillaXBT
Your welcome. I have just saved you all. $BTC
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Mukesh Choudhary retweeted
Mukesh Choudhary retweeted
Nobody knows what happens on the 5th of every month.
So I will show you,
For the past 9 months, you could have countered every bullish/bearish narrative, and been right every single time.
Start paying attention. It lines up with the other $BTC pivots I’ve been posting.😉
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Mukesh Choudhary retweeted
Most people don’t celebrate your wins… they wait for your fall 🚨
I’ve always believed in appreciating people who are doing well, without questioning their success.
People rarely see the grind behind the scenes, but the moment you’re wrong once… they remember it forever.
Let’s be better. Appreciate others more ♥️
English
Mukesh Choudhary retweeted
Mukesh Choudhary retweeted
$BTC
No changes to my swing short.
Trimmed the add from 78K to improve avg entry (74.6K > 76Ks) while keeping original size intact.
SSL unchanged. I am seeing early LTF exhaustion, EQHs formed, local trendline broken, and heading into a historically weaker period (May).
Bias: downside into low 70s, with 67.3K CME gap as the main target. (Approximately in a few weeks)
PA suggests liquidity is being trapped, slow chop around highs.
Overall, not seeing anything unexpected.
Killa@KillaXBT
I’m still in the same $BTC short position. No celebrating yet, price is still slightly above my entry. I’ll be looking to reduce some risk on the portion I added to improve my average from 74.6K to 76K while price was trading at 78.4K. This isn’t because I’ve lost confidence, but simply to manage risk properly in case we see another sweep into FOMC. This is a method I use on most swing positions: look for signs of exhaustion, add to the trade, then close the added size at breakeven. In effect, I maintain the same core short exposure, but with an improved average entry. Until we accept below 75K, there’s nothing particularly bearish from a surface level PA perspective, as we’re still trading above the range. If we move back into the range, then a move below 70K becomes more likely. Nothing has changed regarding my overall thesis or plan, just a small update on how I’m managing the position.
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Mukesh Choudhary retweeted
Mukesh Choudhary retweeted
$BTC
If we follow the same pattern, BTC should see a 5% drop after the 29th.
That means testing 72-73K. As stated earlier.
Killa@KillaXBT
Tonights the night... $BTC
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Mukesh Choudhary retweeted
Mukesh Choudhary retweeted
Absolutely 0% chance $BTC trends over 100K this year.
The fact that 42% still expect this yearly candle to turn green shows sentiment hasn’t hit true capitulation yet.
The next 90 days are going to be some of the trickiest conditions to trade. More likely to see sub-60K.
Kalshi Traders@KalshiTrade
BREAKING: 42% chance Bitcoin hits $100,000 this year 7% chance it happens next month
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Mukesh Choudhary retweeted
Mukesh Choudhary retweeted
Mukesh Choudhary retweeted
$BTC
Seeing a nice push upwards into FOMC on the LTF.
Either we end up seeing a sweep of the PWH (79.3K) or we form a LH before sweeping 73.7K.
Killa@KillaXBT
Tonights the night... $BTC
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Mukesh Choudhary retweeted
Mukesh Choudhary retweeted
$BTC
I wouldn’t be surprised to see price revisit the previous weekly open around 73.7K in the near term.
That said, we have FOMC tomorrow. We may get some range bound movement as liquidity builds, potentially with a small push up before continuation to the downside.
Just a possibility which wouldn't surprise me.
Killa@KillaXBT
$BTC Swept PWH at 79.3K. FOMC + Monthly close + May. As long as we stay below 79.4K, I see us testing the previous weekly open within the next 7–10 days.
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Mukesh Choudhary retweeted
