Gill 86 Wala

Since January 18th, I’ve maintained a bearish outlook on Bitcoin. However, I’ve also shared multiple buy trades, explicitly stating that I trade volatility. Through my previous articles, I’ve explained this approach in detail.

Just three days ago, I shared a buying opportunity from $79K to $85K-86$k, which many of my followers took advantage of.

Now, the key question is: What should we expect before the crash? This article will provide clarity on my perspective.

In my previous articles I shared reasons why bitcoin likely buy happened and why I choose 85$k-86$k as take profit area even though the resistance area is within 86$k-90$k
I mentioned for safety reasons

From my screen you can see where the previous level started and that is the same level yesterdays daily candle closed meaning all those read is considered resistance level on high time frame and if there is any manipulation market may reverse from from

Another angle 📐📉✍️ for high risk traders

Some traders will consider take profit area to be up to 90$k because that is where they see the peak supply area but it is a little bit risky because sometimes market will reverse at early zones 😊 that is why I choose my take profit early ⬆️⬆️⬆️
I sold 70% of my capital leaving only 30% to take profit at 86$k-88$k in knowing very well how this trade is risky ✍️📌
Let break it down ✍️😊

From my screen ⬆️⬆️you can see the supply level there 😊, yes this is the level some traders are looking at before reversal
Let get to 4 hours time frame

From the 4hours angle you could see the level very clearly 😊

But someone may ask are they considering their trade base on lower time frame ?
Answer: No
They took their trade from higher time frame just as I mentioned in my previous article
There was a buy on btc on high time frame which included monthly and weekly

Here ✍️😊📌

Trend traders on both monthly ⬆️ and weekly consider the 50% fib level as a strong buy area ⤵️

You can see immediately market traded at 50% it sparked a buy after February candle closed strong bearish and the buy even when up towards 93$k to 94$k before dip
So this buyers ⬆️ took profit and a few are left in the market immediately they become exhausted market will decline below 50%

Weekly

The weekly is informing us that the trend and Fib level traders are still respecting the level after closing at the level last week

So from the weekly 🔼 it is very possible to see market trade at this level for more weeks before crashing 😊
From this angle few traders who saw it early at 79$k bought and looking forward to take profit at zone on daily and 4hours

I hope I have broken the bitcoin chart down to your understanding 😊✍️
Those asking me whether they should buy or not ?
Please I have already shared my buy and I have taken profit and those who followed have taken profit too for safety sake
You only decided to risk or not base on this little information 😊😊✍️ I can’t tell you what to do with your money 💴

This article is to let my followers know what is likely happening and what is happening before crashing 😊✍️

This is what I see just as I have shared severally 😊
The strong buy zone for $BTC is between 63$k-70$k


I have broken market down to your understanding as a new trader and as an expert trader who is looking for more reasons to decide

Please note 📝 that there are several reasons that I haven’t shared..I only see this reason to be enough for an average trader to understand what is happening.
Check my pin 📌 post on my profile

Incase there is any need to provide more update will share
Please take a moment to like 👍 comment and share to those who need it
#BNBChainMeme