Okane Trading

#BTC☀️
From now until the end of this month, my younger siblings will earn a bit.
The safest bet is to wait for this W to close above 99k, Admin gets on the boat first

$BTC

#EDU
If the BTC continues to hold the defensive zone of 90k, sooner or later there will be another upward movement.
At that time, Alt will have waves; if that scenario occurs, #EDU will be the third asset Okane will trade, with a risk-reward ratio of 1:5.
Currently still observing and waiting for the opportunity, stating this clearly so that everyone understands and can take initiative.

ACTION NOW REGARDING #BTC AND ALT

The price range around 90 is currently a very important threshold; the price reaction here will determine the next developments:

1. If the price drops below the orange support, pull out immediately and slowly crawl up like a liquidity sweep, then there is a green direction.

2. If the price closes below the orange and there is no significant reaction, it indicates a failure of the buying side, and thus the price will continue to decrease. Further, it pulls larger frames like W and M into an unfavorable pattern (creating a peak), and the old plan fails. Do you understand why the plan to close below 88k would be wrong?

The most important thing is that we know how to act in response to each situation when it occurs, proactively managing our accounts.

Early 2025, LOOKING BACK AT THE PAST, PROJECTING THE FUTURE #BITCOIN #VÀNG
This analysis is based on the Year frame only (extremely large, long-term time)

1. Bitcoin Year frame (12M)
- History shows that the last 2 cycles have 3 bullish candles and 1 bearish candle.

- The length + 3 bullish candles tends to get shorter and shorter.

- Connect a trend line through the peaks
- Volume gradually decreases over time.

We respect the past, because it is the foundation of Cause and Effect for the future, so the repetition of the past price pattern will have a high probability of reoccurring in the future, so we predict that:
- 2025 may be like the past, a bullish candle
- The length of the 2025 candle is likely to be shorter than 2 years 2023-2024
- The peak of 2025 may be 140~160k
- The growth trend of BTC is getting weaker and the future may enter a sideways phase in the next 5 years???

2. Gold Year frame
- History shows 3 growth phases to create ATH (surpassing the old peak), currently the 3rd time.
- This growth phase lasts 10-11 years
- The end of the growth phase usually has 1 year of doji and hammer candles.
So, the future of gold
- Gold may increase for another 1-2 years. - 2025 is likely to be a bullish candle, 2026 wait until next year to see how 2025 ends.

This is Okane's perspective on 2 types of assets with investment potential. It is a long-term overview, for trading it does not have much meaning because we have to surf the waves in 1 year, few people trade Y candles. If you have questions or comments, please leave a comment.

BTC adjustment risk.

With the short-term short rate being very high like this, it is very likely that the BTC price will experience some liquidity sweeps, with the price potentially rising quickly above 108k before decreasing. Therefore, this area is not safe for short-term trading.

What will happen to ALT then? ALT will definitely decrease, adjusting after a month-long increase. This is an additional buying opportunity for Okane and could also be a time for the crowd to cut losses.

In this section, if you're trading BTC SHORT, I think you should take profit now~!!
The profitable part should be taken out, while the loss part should be left aside to observe.

BTC needs to adjust to rebalance.

100k is a round psychological threshold, considered as a resistance. At this price range, BTC does not easily break long columns like at 70k

Usually at this resting point, BTC moves sideways, and during the sideways period, it will be the playground of Altcoin.

Some Alts are running wave 1 to increase
Okane Alts expect#OP#WLD

(gr information): https://t.ly/dnI5i
https://www.facebook.com/okane.trading/

BTC still Long, safe, TP 95k
This is a short-term order always2 set SL

Join the group to stay updated with the market:
t.me/+bnZnJxgPbxs1Mjg1

#BTC has had a beautiful upward trend. Profits for investors who have faith in BTC. Now, no one can guess where the peak will be.

Okane predicts the first resting point of BTC is around 94k ± 1~2k in price. In the long term, it could go higher.
There are 2 expected milestones: 150k (high %) and a maximum of 300k (low %).
Wishing you a steady hand at the helm.

Update 8/2024.
P/s: For those who don't understand, please read Part 1&2 I posted a while ago

The bit is still swiping above support and within timming.Alt clearly reflects the market sentiment waiting for the bit to break ATH, specifically:
- When the spike bit increases, the alt pump is also very strong, with numbers of several tens of percent up to x2, but the weak bit drops to support, so the alt also sells mercilessly (for fear of a reversal).

- During this period, seasickness and SL will be eliminated. At this stage, only if you hold with faith and accept a long SL, you will not be swept.

I still expect BTC to stick around and crawl to the green line to pump.

Mai Bit closed the D1 candle above 69k (MA10) just beautifully, now still 50-50
, plus you have to wait until the end of the month, June will have a trend, May will only continue to change
#btc $BTC