


Krešimir
232 posts
















I’d look to take some $BTC longs in the 76.3K–74.7K area if Bitcoin retests that range. For now, 78.5K (the weekly open) is the key local level to hold. If that level fails to hold, I’ll be ready to start scaling into longs lower down.




$BTC This range has been extending for too long now, But do you guys know why was it happening ? Well, all the way from 72k till now there were a lot of shorts pilling up, We kept on squeezing them higher and higher and they kept on adding back, Shorts were literally fueling the move and still are, there are a lot of shorts that are quite confident in holding. Which could still get us a final push higher (~84k), to make them panic exit and then form the top. Though now we also got TONs of Long liquidation sitting on the downside of the range, You can say we were literally collecting late longs all this time and still haven't swept a single level from the downside. (check it yourself if you don't believe me). And looking at where we are rn, I think we are gonna form the top in the next 2 weeks. With a possibility that we might just top in the other half of next week as the upcoming week is full of news events. Considering all this, I am more confident in my swing shorts than I ever was + I can already see a lot of people have believed that "we have bottomed". The Upside Liquidity is almost cleared, and now it's time we go for a hunt on the downside of this range. If you are still long after all this, make sure you bookmark this post cuz you will be searching for my page all over X when I get right. Again. LET THE GAMES BEGIN.





Don't get shaken out. Stay bullish.