MORTIX
4.6K posts
Michael Saylor’s Strategy is officially back in the red on its Bitcoin holdings.
English
Closing $HYPE here.
Alts moving but I don’t want that much expo actually.
I like more $SOL and $NEAR here.
Mini win.
22-0 W/L
Mizer@MizerXBT
Longed some $HYPE too Filling my alts basket.
English
$BTC
Trading below the key level of 76s 2 week comp low once again.
Both weekly and daily 12/25 ema bands exhibit sellers still continue to remain in control.
When both are shaped this way, its generally the direction I want to flow with not against - until theres a meaningful push away from the bands into a key level, often confluent with a decent enough liquidation event.
Some signs of aggressive buying on perps around these lows - but spot selling flow appears to be the dominant factor.
73.7s - previous month vwap
71s - previous months value area low
Overall - I continue to remain short from 81.5s
What gives...
XO@Trader_XO
$BTC Positive geo-pol news over the weekends for which the market has reacted positively to. My bias was leaning towards further downside for as long as 76.5s acted as resistance... HTF looks ok for now - as price clearly backtested an important level around 74.x - confluent with the same zone from April 2025. 79.5's - 2 week comp vah resistance - above here and I'd say we likely trade back towards the local highs pushing for 84s. 76's - 2 week comp val key support - and 74s being a signifcant level as highlighted on the chart - through here and I'd lean towards trading the lower bounds of the range again. They're the two levels Im focusing on - no current bias.
English
$BTC H4
This potential long reversal has failed and is now invalidated.
I’d love to see a sub 73k close on 1D and 1W to begin our next macro leg lower.
Seems like any attempt at a “bullish” reversal continues to fail. This still shows we’re in a strong bear market.
Roman@Roman_Trading
$BTC H4 Looking to invalidate here as we’re closing below support. We have an hour to get back above, otherwise we’re going lower. I’d assuming we finally begin our next macro leg down if this fails.
English
The swing short update.. $BTC
There’s not much change for now, price is still ranging and moving sideways. If you’ve been following along, you’ll know I’m running a hedge long targeting the gap fill around 79K. At the same time, I’m watching for a bearish retest (lower high) to form before a potential move down into the 70s.
The invalidation for the hedge long sits just below 74K. This is mainly in place to protect the short position in case price pushes up to fill the gap. If the hedge long gets stopped out, I’ll simply continue holding the short in line with the overall plan.
Market conditions have been quite choppy lately, so it’s best to stay patient, pick a side with conviction and wait for price to reveal its direction.
I am simply following the macro downtrend.
Killa@KillaXBT
$BTC │ Swing short update. I’m still positioned the same. As mentioned in my previous update, I closed the add at BE to improve my average from 74.6K to 76K. That proved to be a solid decision, as price reacted immediately after tapping my average entry. With it now being the start of May, I’ve already outlined the likelihood of a sweep above the PMO (previous monthly high). This remains the zone where I plan to scale further into the position to continue improving my overall swing entry. Some may ask why I don’t simply wait for clear structure or an ideal point of interest before entering. The reasoning is straightforward, I prefer to build into positions early to avoid being front-run. As a HTF trader, I take a limited number of swing trades, and waiting for perfect entries can often take weeks or even months. I’d rather secure exposure slightly early on a high-conviction idea than risk missing the move entirely. Since my average has improved following the 78K add (as previously noted), I’m now adjusting my soft stop-loss (SSL) from 83K to 84K. I’ll manually close the position if I believe the short thesis has been fully invalidated. This approach is consistent across my HTF positions, scaling in strategically to improve entry while progressively adjusting invalidation levels as the trade develops. So far, all 6 out of 6 swing shorts have played out successfully and delivered great returns. While it’s inevitable that I’ll eventually be wrong, maintaining conviction and discipline is essential. I’m continuing to follow the same system that has allowed me to capture each meaningful swing short to date. Emotionless. 🤟
English
This week we bought bonds, not bitcoin. The ₿itVac is charging.
English
MORTIX retweetledi
BREAKING: Tom Lee's Ethereum portfolio is now down $7,800,000,000
English
How ironic was that… $BTC
The clarity act marked the top.
The clarity act was priced in.
The clarity act was used as bait to get the market net long 🤣
Killa@KillaXBT
The Clarity Act news has been released while $BTC is testing weekly and monthly resistance. We live in a simulation. 🤣 Major news always lines up with local tops or bottoms. You should already know by now, it's priced in.
English
$BTC
76s two week compositive value area lows was key as mentioned previously with belief that we see an impulsive move lower towards monthly value area lows around 71.
Sellers continue to remain in control since losing the current developing monthly VWAP.
The daily profile shows continued bearish migration, as sellers defended the 76.2k–76.5k area overnight and drove price below daily value.
As long as acceptance remains below the 76.5k resistance area, the auction is likely to continue lower barring any short covering rallies, targeting the single prints and inefficiency around 73k, confluent with previous months vwap.
From an EMA 12/25 perspective price is below the HTF bands from the H4, Daily and Weekly.
Overall thoughts: If it looks like a range, trades like a range then it probably is a range - with some good rotations to trade over the coming months - flowing with the overall shift in context is key.
I'm remaining swing short from 81.5s and will look to trade the market on both sides from an intraweek perspective whilst letting the swing short play out until its time to shift context.
Cheers
XO@Trader_XO
$BTC Trading previous months value area... 71K - 79K range 79s strong resistance confluent with both Monthly and 2 week prev comp high 2 Week Prev comp low at 76 - confluent with the 25 weekly ema's Context shifting, heavy sell flows last several days... Break of 76s and thats a full context shift opening the path way to low 70s - with any meaningful short covering rallies & no continuation of passive buyers to support = likely to be faded into lower lows. Liquidations likely kick in if pressure under todays lows...
English
$BTC
Despite the doubt, despite the shit talk, my swing short survived.
Structure is breaking down.
Killa@KillaXBT
$BTC The streak lives, for now. We’re currently at my entry. If you happened to follow me, this is your opportunity to fully exit and either look for a higher re-entry or abandon the bear market thesis altogether. As for me, I’ll be holding the position regardless as its only 50% size. Let the games begin. 🎲
English