Baldy Waldy

My few cents on $BTC - Current PA and news-based momentum - A cautious approach to adopt (ST bearish PA) - Upcoming weeks on D, W and M for #bitcoin NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade. #cryptocurrency #eth #sol

UPDATE : With good US inflation figures, we are making it out of the second area already. Would be amazing to close about it, and come retest in a few days. I am still cautious as we have not visited the levels i mentioned. Best scenario would be a 100k-110k chop for a couple of weeks. LFG 🚀🚀

My few cents on $BTC - Current PA and news-based momentum - A cautious approach to adopt (ST bearish PA) - Upcoming weeks on D, W and M for #bitcoin NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade. #cryptocurrency #eth #sol

TLDR; I still believe it’s healthy we try lower levels *soon* to be UP ONLY later this year rather than get a deeper dump in a few months. I’d be very confident in the MT/LT price increase if we visit 84-86k within 6 weeks (anywhere between Feb 14-March 7th.

My few cents on $BTC - Current PA and news-based momentum - A cautious approach to adopt (ST bearish PA) - Upcoming weeks on D, W and M for #bitcoin NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade. #cryptocurrency #eth #sol

Upcoming weeks on Monthly A bit messier but still easy to understand. A similar play that we had on the previous move (with the arrows), with a chop shown with the second arrow. In this scenario chopping until late Feb is better to avoid liquidation and panic (leading to harder retracement)

My few cents on $BTC - Current PA and news-based momentum - A cautious approach to adopt (ST bearish PA) - Upcoming weeks on D, W and M for #bitcoin NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade. #cryptocurrency #eth #sol

Upcoming weeks on Weekly Weekly 20WMA tried = very positive sign. However other more important levels are slightly below. It would be a better MT/LT overview if we test them sooner rather than later. 21 EMA (Orange)= 84.5k 20SMA (Green) = 81.4k Not visited for 3 months, just like 100SMA @ 86.5k.

My few cents on $BTC - Current PA and news-based momentum - A cautious approach to adopt (ST bearish PA) - Upcoming weeks on D, W and M for #bitcoin NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade. #cryptocurrency #eth #sol

If the bearish scenario is unconfirmed, we would need to pause for a bit and wait for the 100SMA (currently @ 86.5k) to come closer and retest it. We haven’t tested it for more than 3 months now. In this case, we go around 100k, chop a few days/couple of weeks, test it and then UP.

My few cents on $BTC - Current PA and news-based momentum - A cautious approach to adopt (ST bearish PA) - Upcoming weeks on D, W and M for #bitcoin NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade. #cryptocurrency #eth #sol

However we got good news such as : -Inflation -Promises to sign executive orders to accommodate crypto -Paul Atkins nomination. Overall very bullish but he would be under pressure to execute properly which can impact his performance ST With that said, let’s check the charts more.

My few cents on $BTC - Current PA and news-based momentum - A cautious approach to adopt (ST bearish PA) - Upcoming weeks on D, W and M for #bitcoin NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade. #cryptocurrency #eth #sol

We also have the same geopolitical conflicts which has not evolved. There are many important levels to revisit (hopefully in the upcoming 6 weeks as I expect a choppy situation for the first weeks on President taking office). Stocks tend to underperform for the first trading week post-inauguration.

My few cents on $BTC - Current PA and news-based momentum - A cautious approach to adopt (ST bearish PA) - Upcoming weeks on D, W and M for #bitcoin NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade. #cryptocurrency #eth #sol