BlackSwan1

12-hour pullback, by 8 AM this morning, let's see how high it pulls to. The test level is around 72200-73900.
If it breaks through this range and goes to the highest point to test, then it's not a test anymore, it's still utad.
At that time, we'll look at the specific price action and volume after supply appears at these two levels. On the right side, enter short positions with heavy position sizing (4-5x).

Ant is holding a long position, with a large position waiting to short.

There are no signs of the decline stopping in the past 4 hours. This wave might go directly to 66k.

Short me now, the daily chart has already closed bearish, so go short on it first.

Hedged and reduced the position slightly, will add to the short position again at 7.8-8.

Sigh. No need for BP anymore, I can't even place hedge orders.

Update on my perspective:
Currently there are two possible scenarios:
**Accumulation scenario:**
Around 72500 there may only be a minor pullback, which could be on the daily chart or just the 4-hour chart. After the pullback, it could still oscillate upward to the 77-80 area ( an excellent shorting position ) and will eventually crash
**Redistribution scenario:**
Around 72500 there will be daily-level supply
We'll know which one in the next couple of days

Update on perspective
Currently there are two possibilities: accumulation or redistribution
If accumulation: around 72500 may only see a minor pullback, could be on the daily or just 4-hour timeframe. After the pullback, it may continue oscillating upward to 77-81( excellent shorting position ) ultimately will crash down to the second test as well
If redistribution: around 72500 will see daily-level supply
We'll see over these next couple of days

I can't hold it anymore, I think it's about time. I don't think this is accumulation. If it were accumulation, it would need to go to the weekly ST line. There's no point in staring at the charts all the time. Time to sleep, time to sleep.

4-hour bearish, 6-hour bearish, 8-hour pullback bullish, 12-hour has supply and support.
But the daily closed a doji.
Likely heading down.
Dog whales are really something else.

This dog whale is choppy-ranging here like a dead mother, it's so disgusting.

You should also go to 7.2 for a quick touch. If it's going to fall, it should be in the next couple of days.

You should also go to 7.2 to give it a try.

Almost there at this level, with high trading volume over the past 12 hours. I'll add to my position if it rebounds.

Set a 2% stop loss and exit, then go to 72,800 to short.

The long positions have already exited, I don't want to take any more losses.

You can do more at this position. I'll go ahead and buy now.

Almost bottomed out at the bottom, didn't go long, because the experience of holding long positions was terrible, so I went short.
Two positions: 71,000 and 72,800.

Bitcoin is about to plummet to $45,000! $BTC