BINBrother_sBThings

#BTC Regardless of how the news is manipulated, the market is basically following an 8-hour Bollinger band pattern. Currently, the Bollinger bands are narrowing, and a major trend is about to emerge. Given that next Friday's CPI data is likely to be bearish, the probability of a downward move is high, with the potential to drop to 60-62k, or even below 50k. Looking forward to a bloody and turbulent week🩸

#BTC Pie once again dips and retraces on the daily chart, just taking out the long positions around 65k (contracts around 64,850). Currently, the rebound looks weak, so consider partial profit-taking and wait to see how the US stock market performs tonight:
- If it effectively breaks below the key 65k level, look for the 62-63k butterfly pattern;
- If it continues to rebound, the key resistance is around 70k.

#BTC The market feels controlled by Trump. After last night's announcement delaying strikes on Iranian power plants, US stocks, gold, and BTC quickly rebounded.
- From a technical perspective, it basically completed a Bullish shark pattern
- Currently in a rebound uptrend channel, but the Iran conflict is still unresolved. Next month's CPI will likely be disappointing and impact this year's rate decision. Overall, the market still has downside risks.
- Trading suggestion: focus on shorting rebounds as the main direction. Set up positions at 72-74k in tranches. If it breaks through and holds ab

#IXIC Nasdaq crab pattern + double top pullback. Harmonic patterns are not only applicable to cryptocurrency, but equally suitable for index futures, precious metals, and forex. Tribute to Mr. Gartley's century-old legacy.

#BTC The Iran war will keep oil prices elevated until it ends, and there's even a probability of rate hikes within the year. Market pricing behavior is not about hyping current prices, but pricing in expectations. Recently, it's still a pattern of bounce-back selling + continued pullbacks. Short-term target is the 64-66k support at the shark pattern PRZ, but it's not necessarily the bottom of the major cycle.

#BTC Three major channels on the daily chart, do you think this move counts as a true breakout?