I trade BTC for a living

$BTC
Joined June 2023
$BTC Spot just flipped perps. Open interest is climbing. Price is flat. Positioning isn’t. Spot volume delta has been rising for a full day while OI keeps building underneath. That’s hidden strength. πŸ’ͺ
$BTC Weak hands are selling, as Coinbase and Binance are buying. Spot volume delta is climbing while the price drops. This is normally a trap for short sellers. Last time I posted this setup, it marked the local bottom.
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$BTC Weak hands are selling, as Coinbase and Binance are buying. Spot volume delta is climbing while the price drops. This is normally a trap for short sellers. Last time I posted this setup, it marked the local bottom.
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$BTC Trade Update Bought the dip at 79.4k. Daily closed above 80k. Invalidation held. Average: $80.6k Invalidation: unchanged, 1d close below 80k Targets: 85k ➜ 87–90k+
$BTC Bought the dip, again Holding support and retesting trendline. Added: $81.3k New average: $81k Buy the fear. Invalidation: unchanged, 1d close below 80k Targets: 85k ➜ 87–90k+
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$BTC Majority of 7-Day liquidation now sits at ~82.5k Anyone else buying this dip?
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$BTC The best entry of the range, or the end of the trade. Bought $79.4k Last piece of the position New average: $80.6k 4h RSI is the most oversold since the Oct 8 low, right before the push to 84k. Price is tagging the lower trendline.
$BTC Bought the dip, again Holding support and retesting trendline. Added: $81.3k New average: $81k Buy the fear. Invalidation: unchanged, 1d close below 80k Targets: 85k ➜ 87–90k+
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$BTC Same pattern as last weekend, just before the run to 85k... Price bleeding toward 80k, but spot volume delta is subtly increasing. Spot is absorbing as perps continue to sell. Big move soon.
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$BTC Bought the dip, again Holding support and retesting trendline. Added: $81.3k New average: $81k Buy the fear. Invalidation: unchanged, 1d close below 80k Targets: 85k ➜ 87–90k+
$BTC Long: scaling into 81-82.5k Why: support held, HTF liquidity swept below + spot volume rising Invalidation: 1d close below 80k Targets: 85k (strength = hold) ➜ 87-90k+
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$BTC Flagged 85k as resistance last week. That’s exactly where it stalled out after an overextension. Relax, this is what a retest looks like. Price broke out of the wedge and is now retesting the trendline and the 80.5-82k support box together. Nothing changes unless we get a daily close below 80k.
$BTC Long: scaling into 81-82.5k Why: support held, HTF liquidity swept below + spot volume rising Invalidation: 1d close below 80k Targets: 85k (strength = hold) ➜ 87-90k+
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$BTC Trade Update Average: $80.8k NO reason to sell here. Chop is normal, 87k+ is the target. Invalidation: unchanged, 1d close below 80k Targets: 85k (strength = hold) ➜ 87–90k+
$BTC Added to position Support held this weekend. Falling wedge pressing the upper trendline. Added (yesterday): $81k New average: $80.8k Invalidation: unchanged, 1d close below 80k Targets: 85k (strength = hold) ➜ 87–90k+
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$BTC Spot led, perps followed. Binance bought for 5 hours before this move to 83k. Same pattern as the 81k ➜ 87k run. Still waiting for lower?
$BTC EXCHANGES KEEP BUYING!!! Coinbase specifically, is buying huge amounts of BTC spot. Looks like they are positioning for a BIG MOVE...
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$BTC - Hidden bullish divergence Near 87k, price made higher highs while RSI made lower highs. That bearish divergence was the warning, and why I took a short up there. Now the opposite: price put in a higher low (~80k vs ~75k in Sept) while RSI made a lower low. Hidden bullish divergence, sitting right on the daily 50 SMA. The crowd that was euphoric at 87k is now bearish at 81k. 80–82k is my floor. I’m accumulating here, not positioning for a breakdown. Targets: 85k ➜ 87–90k+ If 87-90k breaks, 94k is the HTF target Invalidation: 1d close below 80k
$BTC Separate short from earlier. That closed at break even. New short: scaling into ~86-89k. Why: double top into resistance, weekly liquidation swept, delta stretched. Invalidation: acceptance above 89k. Target: 79-83k range (developing). HTF unchanged.
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$BTC Added to position Support held this weekend. Falling wedge pressing the upper trendline. Added (yesterday): $81k New average: $80.8k Invalidation: unchanged, 1d close below 80k Targets: 85k (strength = hold) ➜ 87–90k+
$BTC Added to position Added: $80.2k New average: $80.8k Invalidation: unchanged, 1d close below 80k Targets: 85k (strength = hold) ➜ 87–90k+
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$BTC The crowd wants low 70s. The chart disagrees. In bull markets, price rarely gives the perfect retest. Most sidelined buyers are waiting for a pullback that may never come. Range low already swept to 79.7k, and the daily closed right back inside. That’s a bottoming process, not a breakdown. My trade invalidates on a daily close below 80k. On the HTF, 77k is the absolute worst case. Max pain is higher, not lower. 90k into Nov/Dec.
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$BTC Like clockwork Range low swept, shorts are loading up FVG at 83.5-85k is next Then the highs
$BTC First the market made longs comfortable, then swept the lows. Now it’s making shorts comfortable under the highs. Same playbook, in reverse. 87-90k next.
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$BTC A lot of noise this week Structure hasn't changed Above 80k, I’m buying dips 85k ➜ 87–90k+
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$BTC Falling wedge tightening A dip into 81.5k is fine Hold it today ➜ green weekend
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$BTC Dips into support are for building Rips into resistance are for trimming 80k is the line 85k is the first test
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$BTC Added to position Added: $80.2k New average: $80.8k Invalidation: unchanged, 1d close below 80k Targets: 85k (strength = hold) ➜ 87–90k+
$BTC Trade Update Average fill: $81,346 Weekly structure still intact Invalidation: unchanged, 1d close below 80k Targets: 85k (strength = hold) ➜ 87–90k+
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$BTC The big move up never retested the daily 50 SMA. Until now. BTC usually ranges close to the 50 SMA before moving higher, and so far it’s holding as support. Expecting continuation.
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