Rowling

bitcoin:native On the 90D liquidation map, a ±10K move from current price would trigger: • $5.67B in long liquidations • $11.89B in short liquidations That's more than 2x as much short liquidity sitting above price compared to the long liquidity below. Towards the upside, the local target remains 78–79K, where a significant amount of short liquidity is stacked. Higher.

bitcoin:native

I’m still in the same bitcoin:native continuation long. I added a little here, bringing my average to 75.7K. Same plan, same invalidations. My stops are still set at my previous 3x swing entry from 62.6K. Let the games begin. 🎲

BREAKING: bitcoin:native just fell near $74,000, its lowest level since August $ETH is trading at $2,100. $660 million worth of crypto longs liquidated in the past 60 minutes. INSANE LIQUIDATION FLUSH…

🚨 MONDAY WILL BE VIOLENT > $3 TRILLION wiped from US stocks > bitcoin:native : 5 straight red weeks Black Monday or a huge short squeeze. Nothing in between.

MASSIVE: 🇺🇸 The Fed will inject up to $3,653,000,000 into the economy next week. BULLISH FOR $BTC 🚀

🚨 BREAKING: Bitcoin open interest has reached the exact levels where MAJOR SHORT SQUEEZES have historically occurred. The last 3 times this happened, bitcoin:native saw massive pumps.

bitcoin:native sitting around $75.6k tonight. Rough day. We lost $77,000 on the daily, and longs keep getting flushed. We dipped under $75,000 this afternoon and bounced back above my magic number. Buyers aren't really back yet. Coinbase premium is still deep red and spot is selling. $75,000 is the line to watch. Hold it and we can breathe. Lose it and $74,000 is next. To flip bullish, I want to see real spot buying and a reclaim of $77,700. Oversold isn't the same as bottomed. Patience.

Congrats to those who managed to catch this move down. Credit where credit is due. Unfortunately, after many years of experience, my mind is hardwired not to short during a bull trend. You might think that’s stupid. I’m giving unrealized PnL back to the market on these drops, and hedging might seem like the smarter move. But the reason I don’t often hedge during bull trends is simple... experience. There have been times in the past when I was convinced the market had to correct from a certain area. The technicals and fundamentals were aligning, yet the market had other plans. In the end, the most profitable position would have been to simply hold 1 position. It’s natural for a trader to develop a bit of a god complex and feel like they need to catch every single move. I might have conviction in my plans and thesis, but I’m not trying to catch everything, just the moves I believe are most worth catching. I managed to catch this entire 50% move to the upside from 62–65K. As I’ve mentioned, I’ve currently round tripped the continuation long from 76.2K, which I entered before we pushed to 87K. I’m not going to make excuses, but it was poor from me not to hedge that continuation long. It would have been much smarter to hedge that particular position. But again, I’ve learned painful lessons in the past, and I don’t intend to make those same mistakes in the future. When you get blown out of hedges, you’re simply giving profits back to the market. You might get stopped 2-3 times before one of them actually works. In the end, you’re trading the range and continually hedging. All it takes is one candle to erase those gains and make you miss even more of the move up. My plans during a bull trend are very simple, add exposure on dips, and don’t hedge unless it’s absolutely necessary. The area I thought looked best was 95K. We didn’t get there, and it’s still the area I’m paying attention to. The trend is always your friend. During the entire bear market drop, I executed multiple shorts and entered basically no longs until 62K. I anticipate playing the bull market the same way I played the bear market. Hold my longs, add exposure, and only start decreasing exposure when I believe the market is significantly overheated in price discovery. Until then, BTC is at 76K, down from the 87K high. We’re in a bull market and have retraced about 35-40% of the move up. So sure, I might have round tripped my continuation long, and I might not have caught the entire drop. But one thing is certain, I didn’t short the entire move up either. I was long the entire move up. You don’t have to catch every move to make money.

$BTC A falling wedge after weeks of selling, and the $75K support is STILL holding Think about that Bears have had plenty of chances to push Bitcoin lower, but they haven't managed to break this level Now price is squeezing into this zone again I really like how this is shaping up GET READY!

The amount of shit you’ll have to sit through before BTC gets to 126K. The chop, the fear, the constant it’s over posts, watching your position round trip and questioning whether you’re completely wrong. Then, when BTC finally reaches 126K, people will call you lucky. They won’t remember the months of doubt or the pressure it took to hold through it. They’ll just say you got lucky.

You shall not pass… bitcoin:native Things are starting to look promising for BTC based on USDT.D. It perfectly retested the 0.786 level before having a strong rejection. BTC could reject towards 77–78K based on the fractal, but USDT.D suggests the low may already be in.

bitcoin:native Same midterm year Same 24-57% correction Same fed rate at 3.75-4% Same recovery and rally must follow now Just keep this in mind

Sure, I am bullish on $BTC , but let’s observe the current structure. We had a strong reaction from the lows into midterms. Price swept the previous monthly low and triggered an aggressive short squeeze. The HTF structure is definitely bullish. On the LTFs, though, we’re approaching a critical area: the previous range resistance that we broke below. I mentioned that we could range for some time, so BTC may continue trading within this range. Which makes observing this key. If we can’t flip it, we’re still in the lower boundary of the range. If we do flip this box, it will likely trigger an aggressive short squeeze towards 87K–88K, where things get more interesting.

BOOM $BTC is back above $78,000 Send it!

In my last macro $BTC update on Youtube, I shared two "primary" scenarios that I believed were most likely to play out. We've been in the current correction long enough at this point to eliminate the first, which means it's now my belief that the 2nd of the two is now the most likely macro idea to play out. Higher, for longer. But first, you gotta make it through the current correction/chop.

Rising wedge in a macro downtrend... $BTC Weekly/monthly resistance. Yet people are bearish... you cannot make this shit up.

$BTC Only a few hours left until the monthly close. If we sweep the current monthly low, you simply place a buy order. That’s it.

A whale just opened a $24.3 MILLION BTC LONG. Bitcoin is now just $1,000 away from liquidating his position. One wrong move and it’s GAME OVER.

I'll tell you this one more time, bitcoin:native bottom is in