BTC trading range through the end of June; derivatives pricing in about 14% in either direction. Chinese re-repatriation from the S&P/USA markets has been causing a lot of volatility in both markets. Follow the money, and dont get caught holding your bag on the next thousand point drop. Set your stops, and be ready to re-enter. There is nothing wrong with taking a...
3790- 3039 Trading range for the next 28 days roughly. I'm seeing a 22% total range, 11% either direction for BTC. My sentiment is changing to BTC being on the higher side of this range, changing from bearish to short-term bullish. BTC seems to be finding support in this bear market, potentially setting up some better days going forward in my opinion. We will...
Looking for over 40k on shorts again and a new high on shorts, and a range of 3600-2400 thru the end of Jan for BTC. I'm still bearish on BTC, but watching for quick entries and exits based on the balance of power and shorts depth level. Derivatives have 20% priced in over the next 40 days.
Watch the balance of power changing, and the shorts. Be careful, I have been in cash since October 31st.
I'm looking at about a 6.5% move in either direction, but I'm predicting it to be a move down to about 5896. My previous prediction was dead on at 6300 at month end.
My end of month target is still the $6300 range or lower.
12% range is priced in for the next 30 days roughly on derivatives. $6107 to $6892 range for the next 30 days unless we ave some type of large move.
Watching for entry and exits points for mining proceeds and trade opportunities.