gmdevs retweetledi
gmdevs
1.9K posts
gmdevs retweetledi
gmdevs retweetledi
🇯🇵 Japan in the 1980s looked so different. I can't believe it was almost 40 years ago.
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@KillaXBT Current thoughts. 80-79 exact bounce area so far
gmdevs@gm_devs
Inb4 bears start getting overly excited. We simply create foundation around 80-79 for the next move to 85-87
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$BTC
Wouldn’t be surprised if next week’s candle is bearish.
We just had the first move above April’s monthly high, typically where breakout longs start getting trapped at the start of a new month.
I think 78.5K gets tested, with 74–75K also in play. After a 5 week climb, the structure looks primed for a a proper retest.
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See where we are by the morning
I’m okay for a wick below blue box that area needs to cap downside for me
bitcoin:native
TraderSZ@trader1sz
Yo @axios make up some bs at 79495 Cheers $BTC
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The market makers will now prey on everyone’s shaky conviction.
We are at the stage where as soon as it drops down a bit… people get really bearish…
And as soon as it pushes to higher levels, more people start to get bullish.
This is the perfect environment to farm leverage traders because they keep chasing every candle and changing their bias.
The timeline will also be very bearish on the tiniest move down, and you’re already starting to see that today.
Run us a little lower and bear flag and fresh low calls will be back all over the place.
Then we’ll go higher again.
And when we tag $86,000/$87,000 everyone will long and we’ll drop again.
That’s just how this stage of the market works.
Sykodelic 🔪@Sykodelic_
The volatility has only just started. And when the market enters this period, it becomes extremely hard to navigate and it’s where most people make the most mistakes. Before this move, everyone was bearish, expecting lower. Now, many are still bearish…. But more unsure. From here the market becomes even more volatile and misleads you. Here is how it tends to work. Next we pump to $86k and a lot of people that were bearish, flip. They go long at the point where the market locally tops. They all hit liquidations and bitcoin drops to $78k, making everyone bearish again and they go short again, thinking this was a bull trap. Then those get liquidated again and bitcoin pushes higher once more. The market pushes to extremes and then reverses, emotionally manipulating you into making the wrong choice at the wrong time. That is how it works. We will get a decent dip at some point, but it will be a bear trap. And we will keep pushing higher.
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Fill the wick✅
And then some…
Ain’t seen shit yet
gmdevs@gm_devs
Fill the wick and then some @FartCoinOfSOL
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