@perfectionist25
BTC It wouldn't be surprising if it drops to 16+ later in the day. 16.7 and 16.4 should be followed to answer the question of whether it will continue to decline.
@perfectionist25
Joined 5 December 2022 · 325 posts
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@perfectionist25
@perfectionist25
Let's see if the silent fall of SPOT CVD will call the price down like it did last week.
@perfectionist25
The days of Powell's speech and the FOMC days in general are hectic for crypto. As long as the attacks to the 17.1 - 17.3 level remain as needles, I may consider opening the pose again on the short side.
@perfectionist25
BTC The experimental indicator has a good track record and has been pointing to the 12 and 10 range for some time. (Notable for the next 3 months)
@perfectionist25
#BTC - 30min and 1h TFs have divergence - Hidden incompatibility at 4h -Conditions seem to be slowly forming for a fix -16270 and 16140 fix around first visit levels -15810 will be considered if there is a very hard sale.
@perfectionist25
We are slowly entering a period where dynamics can change. ﹒ $BTC's initial HTF support is at 14K. (Important) ﹒In the 9.6 - 12 K range, there is a nice window of opportunity created by the monthly and weekly demand regions. (even more important)
@perfectionist25
I can say that FTX has pulled #bitcoin #Ethereum from the rope many times in the bear market. It was the exchange that front-run most of the dips and ran the first buy algorithms (Twapping) Now, if there is a gap here, liquidity-related problems may continue in the coming days.
@perfectionist25
﹒Non-farm employment 261K >195K (expected) ﹒Unemployment 3.7%>3.6% (expected) High non-farm employment indicates that the FED may remain hawkish at the next meeting. Unemployment has risen slightly, but employment is quite high. Prices settle towards the end of the day.
@perfectionist25
Non-farm employment: 261K Expectation: 195K Employment turned out strong 🤝 The Fed is not comfortable.
@perfectionist25
#FOMC summary: ﹒75bps ok ﹒50 bps (maybe) in December ﹒Inflation still high ❗️ ﹒Pivot is not among the possibilities yet, we still have a ways to go ❗️ Result : DXY 0.3% up / Others 🔻
@perfectionist25
#FOMC Expectation: 75 bps increase and hawk tongue More interest will be in Powell's speech today than the interest rate hike. It is a question of whether the hawk stance will continue. The softening of the tongue may provide some comfort to the markets for a while.
@perfectionist25
An important day when there will be hard pricing ⬇️ #FOMC #FED #BTC#ETH #SPX #DXY
@perfectionist25
It is still struggling above 21. If there is no daily closing above 21, it is useful to know the possibility of returning to the following levels. ﹒20.5 and 20.3 ﹒19.3 and 19 (this is a bit dependent on FOMC on Wednesday)
@perfectionist25
As the news days are approaching, DXY has already reached the first critical supports.. ﹒Friday Core PCE Index ﹒ FOMC on Wednesday Reaction rise here means selling in the markets.
@perfectionist25
The liq buildup on the long side is quite noticeable. The timing may not be immediate but it wouldn't be surprising to clear up to 19+ levels with a hard candle soon.
@perfectionist25
If I were to choose a more destructive bottom region in ETH, which is suitable for historical data and systematics, I think that this opportunity region that will occur in the range of 730 and 430 will be the place where it will be priced if a worse scenario occurs.
@perfectionist25
If daily closures start to come in ETH below 1240, I think we will go down to 1000 USD and then 800-730 USD.
@perfectionist25
Short term: I see the opening and the price developments after yesterday and today as a bit of a trap. I wouldn't be surprised if we see a return around 19. 19.6 beware of the long side before you see the closest resistance holding on here.
@perfectionist25
﹒At least one occurrence of 17.5 gold in the next 100 days (High probability) ﹒Continuation of 15-25 K horizontal on a weekly closing basis in this 100-day period (High probability)
@perfectionist25
BTC 🔜 19.4 / 18.7 / and maybe 17.7 After this stage, closings above 20.2 can be used as a stop criterion.
@perfectionist25
#BTC Estimated scenario; (1) First to the range of 20.6 - 19.7📉 (2) Then climb to 📈22 - 23 and mid-term final 📉 19.7 to 18.7 🤝 If we skip the number (1) and rise directly from here, continue from (2)
@perfectionist25
#BTC 🔜 20K and below
@perfectionist25
On schedule 🤝 Towards the targets; 🔜 22230 🔜 21270
@perfectionist25
BTC 🔜 22230 🔜 21270
@perfectionist25
#BTC ﹒CVDD and Balanced Price crossover occurred. In the history of ﹒$BTC, we see that after this crossover or concurrent price comes down. ﹒It doesn't mean that the same will happen right away, of course, but it is remarkable. ﹒I don't want to create an immediate expectation about CPI today. I keep the time wide ﹒It wouldn't be surprising to see a poll to the crossover (16K) pricing level in the coming days and weeks.
@perfectionist25
﹒The range of 800-1000 days we are currently in has an important place among the $BTC cycles prepared based on the past halving data. ﹒This is the timeframe when the 2013 and 2017 trends bottomed out or accumulated. ﹒The coming days/weeks will bring us the appropriate levels for $BTC accumulation. ﹒By suitable levels, I mean 20K and possibly below pricing.
@perfectionist25
#BTC Below 19.8 during the decline, the structure accelerated and landed without volume, so a retest may come to around 19.8/19.7 at some point. In the short term, there is accumulation on the short side. Meaning: They want to bring balance when one side of the scales dominates. They can tighten shorts up to 19.4 and 19.9 on 19.1. If you entered a short, shrink the position further and hedge it with a “long” above 19.1. There are those who confuse the short term with the…
@perfectionist25
My primary expectation is; $BTC holding above 21600 -> opens up to 22710 $ETH holding above 1160 -> opens up to 1240 If these conditions deteriorate then let's be careful.
@perfectionist25
The decrease in the weekend and today is proportionally too much, so there is an air of capitulation. Candle lengths are too long, so if there are short ones, min 50% should be realized. Although I have my eye on the following levels for reaction, there is a meaningful hold here.
@perfectionist25
The Bank of England regulator has proposed oversight for stablecoin issuers if they pose a risk to financial stability.