Bitcoin - Last stage of the pump! (sell here and wait 50% crash)Bitcoin is in the last stage of the bull run. Buying Bitcoin at 93,000 is not worth it for the long term because you will be able to buy it cheaper in 2025/2026 at the price around 60,000-50,000. The moon boys are back and everyone is very bullish; that is usually a sign of a cycle top. Bitcoin always moves in significant cycles and is highly volatile. New people don't know it, and their finances get completely ruined with each bearish cycle.
Let's look at the technical analysis. Always start with simple trendlines. We can draw a very nice trendline starting from wave (1) -> wave (3). These 2 points are significant swing highs. This gives us a current profit target of 107,000 USD in December 2024. Next, what we want to do is look for the Fibonacci extension levels. As per Elliott Wave analysis, we are in the last wave (5), You want to draw the fibonacci extension from the start of wave (1) to the end of wave (3) and the second point will be the end of wave (4). This also gives us a profit target of 107,000 USD! This is not random; this is pure skill.
95% of retail traders don't use the Fibonacci extension tool, and among the 5% of users, 95% of them don't know how to use the tool properly. I know how to use it properly with the Elliott Wave theory, as I have been trading crypto for almost 10 years.
Enter a short position at 94,500, first profit target 92,480, second 91,062.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Beyond Technical Analysis
Solana Soars Close to Record: What Could Drive Prices in 2025?Crypto markets are betting big on Solana — the Ethereum rival pressed higher even as the broader digital-asset market pulled back last week. Now Solana needs a few stars to align so it could rocket to a fresh all-time high, surpassing its 2021 record of $260. And by the common consensus, record territory could be a few sessions away while a fuller, hulking dominance could be on the cards for 2025.
Solana SOLUSD is on a roll. Early on Tuesday, Solana neared its record high of $260 set back in 2021 when crypto bros were going all in on their favorite coins (birthing some meme coins in the process.)
The Solana token, which runs on the layer-1 blockchain of the same name, shot up to $245, staging a monster recovery from $8 a piece back in January 2023 when crypto markets were reeling from the fabulous implosion of Sam Bankman-Fried’s crypto exchange FTX and its sister company, trading house Alameda Research. (SBF was an early buyer of Solana, scooping it up for as low as 20 cents.)
Now Solana is no longer associated with the fallen crypto mogul who’s serving a 25-year prison sentence. Instead, the digital coin is running free and carving out its own reputation. And fast. Almost as fast as its ability to process transactions on the blockchain.
Solana is touted as a faster and cheaper alternative to Ethereum ETHUSD , the second-largest coin with a valuation of $375 billion. That’s some $260 billion more than Solana’s own market cap of about $115 billion.
Still, Solana’s gains outshine these of Ethereum:
Solana year-to-date gains: 142%
Ethereum year-to-date gains: 40%
Bitcoin year-to-date gains: 107%
Solana’s performance hinges on three very different sets of circumstances:
Its ability to handle the technical workload as a payment processor
Its infrastructure capacity for building up various projects
Its appeal as an investment asset (or why you’re here)
On the first one — payment processor — Solana boasts lightning-fast transactions to the tune of 50,000 per second. Ethereum? That’s about 15 to 45 transactions per second. Visa? A wide range between 1,500 and 65,000 (depends who you’re asking.) And Bitcoin gets you about 2 to 7 transactions per second (but no one really cares about this.)
With breakneck speed, Solana is shaping up as a worthy opponent to traditional payment processors, flexing high volumes in a decentralized environment.
On the second one — building grounds for projects — Solana is considered the go-to place to launch meme tokens based on dogs, cats and even politicians and business people. It has been handling these pretty well, considering the massive influx of dog-themed and Elon Musk-themed tokens.
On the third one — investing and trading — Solana is staring into exciting prospects for 2025. The cryptocurrency might get its own US spot exchange-traded fund soon and traders are buzzing from excitement. A Solana-based spot ETF could be a reality as soon as 2025 (most likely after Securities and Exchange Commission boss Gary Gensler gets fired.) Only two other cryptocurrencies have been granted permission to strut down the traditional ETF pathway — eleven Bitcoin ETFs and nine Ethereum ETFs .
Now that Donald Trump has secured another four years in the White House, the crypto industry expects big things to come its way.
The President-elect has embraced digital assets and even announced his own crypto gig — a Bitcoin strategic reserve . Which was shortly after complemented by the cost-cutting DOGE department led by Elon Musk.
All in all, Washington is expected to be super friendly to crypto, especially after large industry players such as Andreessen Horowitz and Coinbase spent $135 million backing more than 50 Congress candidates, most of them winning seats.
Where do you think Solana is heading next? Do you see lots of bullish momentum going into 2025? Or maybe you’re more inclined to believe it’ll come crashing down? Let us know your thoughts in the comments below!
The Hidden Whale Playbook Detailed Explanation:
1. Double Top Detection Through RSI Oscillator
- A double top pattern signifies that the price has reached a resistance level twice but failed to break through, often hinting at bearishness.
- Using the RSI Oscillator, you’re analyzing momentum rather than just price. This tool helps identify shifts in strength and momentum within the market.
- The oscillator's behavior likely showed weakening momentum at two distinct peaks, correlating with the price action's double top pattern.
2. VWAP Pointing Upwards
- The Volume-Weighted Average Price (VWAP) serves as a key indicator of market trend. Its upward direction reflects that buying pressure or positive momentum is still dominant in the market, suggesting that the general trend remains bullish.
- Despite the double top's bearish implications, the VWAP trajectory implies that this might be a temporary resistance rather than the start of a reversal.
3. RSI Oscillator Curving Upwards
- The RSI Oscillator curving upwards indicates that momentum is picking up again after the hesitation caused by the double top.
- This curve implies that the market is gaining strength for another move upward, showing buyers are coming back into play.
4. Second Wave Formation
- A second wave is a continuation of a trend after a brief pullback or consolidation. Here’s what’s happening in this case:
- The double top caused a temporary slowdown or minor retracement.
- However, the VWAP’s upward slope combined with the oscillator’s upward curve suggests renewed buying momentum.
- This dynamic is building the foundation for another push higher—a second wave.
Explanation Flow:
The RSI Oscillator helped identify a potential double top, signaling resistance and a temporary slowdown in momentum. However, the VWAP’s upward trajectory shows that the broader trend remains bullish, and market sentiment hasn’t shifted to bearish. As the oscillator begins to curve upwards, it indicates a resurgence of momentum, suggesting that the pullback was temporary. Together, these signals point to the likelihood of a second wave, where the market attempts to push higher, possibly testing or even breaking the resistance level.
This concept was originally developed, then refined through a retracing process, and ultimately finalized by copying and pasting the improved version.
GBPJPYGBPJPY shows bullish potential, supported by key technical indicators aligning with an upward trend. A break above recent resistance levels suggests strong buying momentum. Favorable market sentiment and risk-on appetite further fuel the pair's rally. Entry on pullbacks with a stop loss below recent swing lows offers a favorable risk-to-reward setup, targeting the next resistance zones.
"Bitcoin's Rise, Altcoins' Fall" Alright, let’s break this down and expand on the scenario to make it clear why this could very well be a deliberate play by smart money.
We’re talking about institutional investors, whales, or market makers—entities that have the resources and strategies to capitalize on the behavior of retail investors. They don’t operate on emotion; they’re methodical, strategic, and, frankly, ruthless when it comes to maximizing profits. This is how it could be unfolding right now:
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1. Creating Fear and Uncertainty
One of the primary tactics of smart money is to manipulate emotions in the market. Fear and uncertainty are their greatest allies.
- Price Suppression in Altcoins: By focusing attention on Bitcoin, allowing it to dominate headlines and rally aggressively, they divert focus away from altcoins. At the same time, they might orchestrate small, consistent sell-offs in altcoins. The result? Retail traders—already jittery and reactive—start to lose confidence in their altcoin holdings. They see Bitcoin rising, while altcoins stagnate or bleed out, and the knee-jerk reaction is to sell.
- Market Cycles Play a Role: It’s important to remember that altcoins are inherently more volatile than Bitcoin. When Bitcoin moves sharply upward and altcoins lag, the perception is that altcoins are “weak.” This narrative feeds into the panic, creating a self-reinforcing cycle where more and more retail traders exit their positions.
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2. Accumulating at Lower Prices
Once the panic sets in and altcoin prices are driven lower, that’s when the real strategy kicks in accumulation.
- Retail Capitulation Equals Opportunity: When retail traders sell out of fear, they inadvertently hand over their altcoins to those who know the value of patience. Smart money steps in during these moments of capitulation, scooping up altcoins at rock-bottom prices. They’re not buying blindly—they’re targeting projects with solid fundamentals and potential for massive returns.
- Whale Tactics in Action: Whales have another trick up their sleeves. They can sell just enough to push prices lower, triggering stop-loss levels for retail traders. When those stop-losses are hit, it accelerates the sell-off, creating an even better buying opportunity for the whales. This is a textbook example of how the "weak hands" are shaken out of the market.
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3. Timing the "Altseason"
Here’s the kicker: all of this is done with a bigger plan in mind. Smart money doesn’t just accumulate for the sake of holding—they’re setting the stage for an eventual altcoin rally, commonly referred to as "altseason."
- Rotation of Profits: Once smart money has accumulated enough altcoins at low prices, they’ll begin to rotate their profits out of Bitcoin. This influx of capital into altcoins creates a surge in demand, which drives up prices. Retail traders, seeing the sudden movement, jump back in, further fueling the rally.
- Maximizing Gains: By playing both sides—riding Bitcoin’s rally first and then triggering the altcoin surge—smart money ensures they extract maximum profits from the market. It’s a masterclass in timing and manipulation.
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4. Market Manipulation Is the Name of the Game
To truly grasp this scenario, you have to understand the extent of control that smart money has over market dynamics.
- Liquidity Control: Smart money can influence where liquidity flows. By keeping Bitcoin dominant, they ensure that the bulk of the market’s attention and capital stays focused on Bitcoin. This suppresses altcoins temporarily, making them appear less appealing.
- Psychological Pressure on Retail Investors: Retail traders tend to follow the herd. When they see Bitcoin rising and altcoins struggling, they start to doubt their decisions. This doubt leads to panic selling, which plays directly into the hands of smart money.
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5. This Has Happened Before
None of this is new. If you study past market cycles, you’ll notice a recurring pattern: Bitcoin leads the rally, drawing in capital and attention. Only after Bitcoin stabilizes or consolidates does capital flow into altcoins, leading to explosive gains in that sector.
- Retail investors often miss the early stages of these altcoin rallies because they’ve already sold in panic. By the time they realize what’s happening, smart money has already positioned itself to profit.
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What You Should Watch For
If this scenario is playing out, there are a few things you can monitor to stay ahead of the game:
- Altcoin Volume: Are we seeing declining volume or signs of accumulation? Look for spikes that could indicate large players entering the market.
- Bitcoin Dominance: Is Bitcoin’s dominance continuing to rise, suggesting that altcoins are still being suppressed?
- Market Sentiment: Pay attention to retail sentiment. Are traders frustrated, panicking, or giving up on altcoins? This could be a sign that accumulation is nearing its end.
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Smart money thrives in uncertainty and chaos. They rely on retail traders making emotional, short-sighted decisions. If you understand this and act with patience and discipline, you can avoid being a victim of their tactics. Remember, this is a game of strategy, not emotion. Don’t get caught in the trap.
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold has reached a key resistance zone after a recent bullish move and has also broken its ascending trendline. Considering the current situation, the price is expected to consolidate within this area before heading lower. The Fibonacci levels shown in the chart indicate potential support levels during the downward move.
Don’t forget to like and share your thoughts in the comments! ❤️
Bitcoin Turns Bullish: The Start Of A New Cycle (Altcoins Boom!)November is the month that BTCUSDT (Bitcoin) starts growing above a 1,279 days long resistance range. This range, between $65,000 and $74,000, worked as resistance between April 2021 and October 2024. In November 2024, Bitcoin entered a new phase in its evolution. We are now in price discovery, anything is possible.
Good evening my fellow supporter, I am happy to write for you again today.
When in doubt, zoom-out!
Are you feeling doubt?
No doubt here so no need to zoom-out.
To get a clear picture, focus on the long-term.
For easy planning, focus on the long-term.
For sure success, consider the long-term.
For higher accuracy when reading a chart, focus on the long-term.
Bitcoin monthly is going bullish now; it is bullish now; growing now and forging ahead.
How are you feeling in this beautiful night and day?
We have a full green candle this month and Bitcoin is growing like there is no resistance on the way up. Seven months of consolidation and this is what we get, long-term growth.
Feeling good, feeling nice; feeling great.
What choices to make to maximize profits and achieve success?
What to expect?
No guessing necessary.
Focus on the price.
We are going up!
Thank you for reading.
Altcoins Market Confirmed Opportunity
We are in this great position right now where we know exactly what will happen next. We are in a situation that we've been in before. In the past, we knew of the upcoming bull-market beforehand but we were not as prepared as we are today. In the past we knew it was coming but we couldn't tell beforehand how strong was going to be the bullish wave.
We are in this amazing position now where we know what will happen, with certainty beforehand. We know 2025 and beyond. We know the bull-market of 2025 and the Altcoins are still trading low.
Seeing Bitcoin this high. Seeing this amazing growth, we know the Altcoins will follow. It happens all the time, like clockwork; tick, tick, tick... 2021, 2017, 2013... Remember? 2024 is ending, the next one is 2025; it will be massive, we know the top.
In the past we would be uncertain because the market was young and the fight was still on. Just recently, the powers that be were fighting Crypto... Not anymore.
We know what is coming but we can end up making the same mistake. We can underestimate the market. The final results can end up being many times beyond anything we expect.
It has been always like this in the past. We prepare for 800% and the pair grows 5,000%. Next time we prepare for 2,500% and the pair grows 8,000%. How much are you prepared now for the bull-market that is sure to come? it is already confirmed, it is confirmed because Bitcoin is growing and what Bitcoin does, the Altcoins follow.
Many Altcoins are still trading low... Read this, still, but not for much longer. Low prices will be something of the past; time is running out. Lucky we are, fortunate, to be able to be here knowing exactly what comes next.
Are you looking for financial freedom?
No need to look any further, Cryptocurrency, mainly the Altcoins... We will know based on the results.
We are expecting a massive bull-market. We are going mainly with the classic, 1-2 main waves and some 300 days of sustained growth; but, remember, the world is changing, we don't know if some pairs will grow for decades just like the stock market did after it matured.
Crypto is young but growing and evolving everyday. We are no longer in the dark days of Crypto. Cryptocurrency is now mainstream, the dynamics are changing and for the better; what to expect?
Expect maximum growth. 2024, 2025, 2026, 2027, 2029 and beyond.
Focus, plan and prepare for the long-term.
This is my honest advice.
Thank you for reading.
Namaste.
Xauusd (Gold): a perspectivehello guys!
as you see before:
Gold broke the ascending channel but it didn't change the main bullish trend, why?!
because it has a strong support level in the blue area!
so I think we should stick to the long position and the bullish trend!
now I suppose it will touch the blue area! so that level is suitable for getting a long position!
let's see if the market matches with my analysis!
Nvidia - Launching The Final Bullrun!Nvidia ( NASDAQ:NVDA ) can still rally another +40%:
Click chart above to see the detailed analysis👆🏻
After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
Gold Is Approaching An Important ResistanceHey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2640 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2640 support and resistance area.
Trade safe, Joe.
Strategies for Managing Cognitive OverloadCognitive load significantly affects decision-making in trading. When traders face overwhelming amounts of data, analysis paralysis or rushed decisions can lead to suboptimal outcomes. To thrive in high-pressure environments, it’s vital to manage cognitive overload effectively. Below, I’ll break down actionable strategies for understanding and mitigating cognitive load's impact on trading.
1️⃣ Understand Cognitive Load and Its Impact on Trading
Cognitive load refers to the mental effort required to process information. Trading demands constant attention to market movements, technical analysis, and economic data.
Example: A day trader monitoring more axssets than what they are accustomed to might miss critical patterns due to information overload.
Actionable Tip: Regularly assess how much data you’re consuming. Start with a focus on high-value indicators and gradually expand as you develop familiarity.
2️⃣ Simplify and Automate Your Processes
Over-complexity in trading strategies amplifies cognitive load. Simplify by using predefined rules or more mechanical approaches.
Example: Automated alert systems can signal trades based on algorithms, reducing real-time decision-making stress.
Exercise: Design a checklist for your trading plan. For example: Entry conditions → Risk management → Exit criteria. This minimizes mental effort during live trading.
3️⃣ Develop a Prioritization Framework
Not all information is equally important. Learn to prioritize data relevant to your strategy.
Case Study: A commodities trader focusing on crude oil shouldn’t overanalyze forex movements unless there’s a direct correlation.
Strategy: Use frameworks to categorize information into what’s urgent/important versus secondary noise.
4️⃣ Practice Cognitive Resilience Through Training
Building mental endurance can help you better handle large amounts of information.
Historical Insight: During the 2008 financial crisis, traders with strong mental training adapted quicker, effectively sifting through noise to identify key trends.
Exercise: Engage in activities like brain-training apps or puzzles that enhance your working memory and decision-making capabilities.
5️⃣ Limit Multitasking in High-Stakes Environments
Multitasking might seem efficient but often leads to mistakes in trading. Focus on one task at a time to reduce cognitive interference.
Example: Avoid analyzing new market data while executing a trade, as split attention can result in errors.
Actionable Tip: Block dedicated time for analysis and execution separately. Use a schedule to stay disciplined.
6️⃣ Incorporate Regular Breaks to Reset Focus
Mental fatigue exacerbates cognitive load, making breaks essential to clear your mind.
Example: A forex trader who takes short breaks after every 45 minutes of trading reports improved focus and reduced errors.
Exercise: Implement the 45-15 rule: Trade for 45 minutes, then take a 15-minute break to walk, stretch, or meditate.
7️⃣ Use Visual Aids to Manage Information
Visualizing data helps reduce cognitive strain by presenting complex information in digestible formats.
Example: Heatmaps or charts simplify the evaluation of market trends compared to raw numerical data.
Exercise: Customize your trading dashboard to include only the most relevant visual indicators. This prevents distraction from unnecessary clutter. My students and I use a total market view dashboard and a total news view dashboard.
Cognitive load is a silent yet powerful force in trading psychology. By understanding its impact and adopting strategies to manage it, traders can improve focus, make more objective decisions, and ultimately enhance performance. Start small by prioritizing the most impactful adjustments and scale your efforts as you grow.
DOTUSDT - Detailed road map for Price actionnicely breakout in 3d chart for this falling wedge with huge green candle is great sign to start be bullish for DOT ... but iam here to give u some advices
this analysis can be divided into 2 stages:
🔸short term expected DOT will rise to 6.6$ and from here will be declined to 5,8 - 4.8 or even little lower .. and expected all market will correctwhen that happen
🔸midterm expected to reach the peak of march at 11.8$ or even higer
my advice : we are now in the bull market and corrections may occur that make you doubt your decisions and sell at a loss
Market makers always know how to control your emotions
If you look at his DOT coin, you will find that it is at a real bottom
the real winner who is patient with his coins and control his emotions
Best regards Ceciliones🎯
EURUSD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.06200 zone, EURUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.06200 support and resistance zone.
Trade safe, Joe.
How I identify the best forex pairs to trade:Here is how I identify the best forex pairs to trade:
In the top left panel, the indicator 'Compare Forex' displays the PERFORMANCE of each major currency.
The USD (red line) has been the strongest currency for the past 2 months on H6 charts.
By identifying the strongest currency, all that remains is to trade the USD against all the other currencies since they are weaker.
= Smooth stress-free charts.
I look at my trades 2-3 times a day to see if they are still blue or red. Takes a few minutes.
NZDCHF Poised for a 400 Pips Profit PotentialNZDCHF Poised for a 400 Pips Profit Potential
NZDCHF has been creating a complex structure since August 2023.
The lowest low was established near 0.4943, making NZDCHF significantly undervalued across the currency board.
The price is holding strong above 0.5200, which is also a strong psychological price zone.
NZDCHF is ready to begin a larger bullish wave with a potential of over 400 pips.
You May Watch The Video For Further Details!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
World tension! Gold price momentum increases⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold recorded consecutive gains on Tuesday, rising by 0.70% as escalating tensions in the Russia-Ukraine conflict fueled risk aversion. Investors turned to the safe-haven metal, pushing its price above $2,600 after hitting a two-month low of $2,536.
At the time of writing, XAU/USD is trading at $2,629. The metal's rise was supported by declining US Treasury yields and a weaker US Dollar amidst a light economic calendar. Geopolitical risks also played a major role, with Russia’s intensified attacks on Ukraine and US President Joe Biden’s authorization of long-range missile use within Russia further boosting demand for Gold.
⭐️Personal comments NOVA:
Gold prices recovered at the end of November 2024 thanks to tensions in the world, Russia - Ukraine; Korean peninsula. Recovery continues
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2672 - $2674 SL $2679
TP1: $2665
TP2: $2650
TP3: $2640
🔥BUY GOLD zone: $2612 - $2610 SL $2607 scalping
TP1: $2618
TP2: $2625
TP3: $2640
🔥BUY GOLD zone: $2576 - $2578 SL $2571
TP1: $2588
TP2: $2600
TP3: $2610
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
GBPJPY: Potential for Further Rise Amid BOJ UncertaintiesGBPJPY: Potential for Further Rise Amid BOJ Uncertainties
Bank of Japan Governor Kazuo Ueda stated that the economy is making progress toward achieving sustained wage-driven inflation, but provided few clues on whether the central bank might raise interest rates next month. The market remains uncertain about a potential rate hike, as the BOJ has not yet altered its Monetary Policy statement, leaving the JPY vulnerable to market speculation.
Although the JPY is not in the same situation as it was a few months ago, the significant difference in interest rates compared to other countries remains a strong reason for its continued weakness.
Technical Analysis:
GBPJPY completed a bullish harmonic pattern at 194.30. The initial price reaction was a clear push of nearly +100 pips. Following this brief pause, GBPJPY is expected to rise again. While it is somewhat risky, this projection aligns with fundamental analysis. GBPJPY may reach the first two targets this week.
Targets: 🎯 196.30 🎯 196.85 🎯 197.50
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Doge chartDoge small time frame chart.
Testing the water in small steps to see if this drops more or wants to go up.
Each level can reject to a lower one or offer support.
For bullish scenario you want T1 to become support and pump over T2 and that to become support also.
If price falls bellow danger area the setup is invalidated
BTC/USD is ready to move fast!🟢 BTC/USD is ready to move fast!
BTC/USD is doing a rising wedge in the middle of the last rally. Last time we've seen this same pattern (november 7th) was broken up and the price moved fast to the $90k zone.
Right now, we have 3 scenarios:
🟢 The most posible scenario, an upside break to see the price reaching the $100k soon. This kind of pattern is bullish and usually breaks upwards with a strong rally.
🟡 Sometimes, the pattern breaks down. Would this happen, the price will have a major support in the 86-87k$ zone. While we trade over those prices, we can only wait to see what pattern is unfolding. Could be both, bullish or bearish!
🔴 If the yellow scenario happens and BTC also loses the 86k$ area, we would be in front of a major sell-off of bitcoin that could potentially move the price to the 7Xs zones.
Stay tunned!!
How to trade this scenario?
I would recommend you to stay away of this kind of scenario, it's too open.
Anyway, a good way is to buy near the yellow line with tight stop loss and a large TP under $100k.
If you want to short the BTC could be like a suicide, but you could do it once the yellow line is broken and you should see a decrease to the 87k$ zone. The risk return ratio is quite bad but it's true that this must be an extremely fast movement to do some profits.