The bullish prediction made in the early morning was incredibly accurate, almost like having a heavenly eye! The lowest price of Bitcoin dropped to 107456, just right at the entry point we provided for the long position. Brothers who followed in around 107506 bottomed out; despite the market moving like a snail in the early morning, the rhythm was completely under control. When it surged to 108446, I directly called for profit-taking, securing 940 points from this long position. How awesome is that?
Recently, the market has been like a malnourished chicken, with pitifully small fluctuations, every day just going through the motions of oscillation and repair. At this time, when trading live, you need to hold your horses and not fantasize about swallowing an elephant in one bite. In fact, as long as each trade can pull in some real money, steadily plucking a few hairs from the market every day, and timely putting the profits in your pocket, that’s the most practical way to accumulate your position!
This week, the market opened at a high, and Bitcoin directly entered "sluggish mode," with all the bullish momentum from last week completely deflated. The small bearish candle on the weekly chart is just there, looking down to gather strength. Whether it can gather enough momentum to surge upward soon depends on the market makers' mood. There isn’t much big news to digest this week; it seems we’ll continue to see back-and-forth oscillations at high levels, playing the waiting game.
Bitcoin and Ethereum are like they’re wearing the same pants, both showing two consecutive bearish days on the daily chart, almost touching our stop-loss line for going long. But as long as this line isn't breached, those holding long positions in Bitcoin should hang in there and not panic! If the market does turn and starts to plunge, we can adjust our strategy on the fly. The trend hasn’t been broken yet, and the pullback hasn’t breached the previous low, so we’re still bullish for the afternoon without question. Currently, Bitcoin and Ethereum are in a direct long position, waiting for the market to surge upwards!
Thinking blindly in the crypto space is a sure way to get wrecked! Follow me for updates, and I’ll take you to dig for tenfold altcoins. I also have access to primary market internal channels, and the next wave of market action is waiting for us to flip the table on the market makers together!