So you spotted it? I spotted it right after away after 103k dump. I dont want to say it early since it was still phase 2

I think it should tilted to right being higher? If neckline same as 54k, the target price would make no sense. Too low.

This post has been edited by mois: Dec 26 2024, 05:30 PM

Trump cannot fight my teapot & cup pattern one.

2017-2018 was wild. Really wild. Parabolic run upward, parabolic downward. It was a reset. I gave up there. Until 2021 come.

This post has been edited by mois: Dec 27 2024, 09:33 PM

Yes, you are correct. Nobody broke taking profit. If you want to wait for correction, consider the S&P 500. Things look extremely bearish there. No way it can climb toward 7653 with weekly bearish divergence already printed 4 times. Now the bearish divergence is below RSI 70. It has peaked. Using the same method I find my btc 108k/3.71T marketcap. Next year 2025 is pretty much a bear year for all asset class according to charts.



This post has been edited by mois: Dec 27 2024, 10:32 PM

After watching Squid Game 2.....Until episode 3.

If I were to equate squidgame to bitcoin. I feel I am exactly like player 456. Telling how the game is being run. Nobody will believe it until it happen.

Weekends usually quite one. Calm before the storm next week.

Phase 5. Mark down.

Remember Warren Buffet said be fearful when people are greedy? The whole reddit/x are on hopium mode since btc break 100k. All sort of BS bullish analysis come out. Exactly the same as 69k back in 2021. Back then we had 1million target price per BTC tho. The funny thing is now, reddit team still waiting for altcoin season. According to my chart, altcoin season ended few weeks ago. They seriously think manipulator will help pump their coin and let them cash in lol. Pump to trap I believe.

This post has been edited by mois: Dec 30 2024, 12:36 PM

This is my last chart on altcoin.
1) Weekly bearish divergence on RSI
2) Weekly bearish divergence on MACD is forming(not yet complete)
3) 1.22trillion is the last support. Break that, MACD bearish divergence will formed.
4) If you believe altcoin bull is still there. Buy your altcoin when reach 1.22trillion (since it is major super support), but cut your loss when it dive below 1.7 trillion. Small loss for big bullrun if you still believe it.


This post has been edited by mois: Dec 30 2024, 12:57 PM

Yes correct. We are waiting for big discount. Long term, of course it gonna be like SPX. Only goes up.

Pull your TP. See if it enter my teapot cup .

This post has been edited by mois: Dec 30 2024, 01:51 PM

I sold my ETH at 4068. My eth is 2nd largest bag after BTC. Not much profit made. If ETH bull still intact, it must pump and stay above 3600. Otherwise it will go down to 2800.

Yes it is true ETH always pump parabolic one. I even had the TP from that big triangle toward 7200. Ahh screw the chart. Need turn off the indicators. Lets hope it pump above again and reverse the bearish divergence. Break above 3600

Phase D completed. Somehow there is 4H bullish divergence. If tonight no heavy dump, I think high chance it can rebound.



This post has been edited by mois: Dec 30 2024, 11:33 PM

It bounced and quickly rejected again. Crazy manipulation. Wait 1030pm again tonight.

I will hold my short until the next accumulation cycle. It could be 6-12 months.

Im using ETFs mostly tho. Great products without touching bitcoin itself. No funny exchange risk or hack risk or any funny transfer risks. Downside is, no altcoin except ETH. And also it is not 24/7. But that explain why weekends are quite. Big boy also use ETF instead of parking their billions dollar on exchange.

This post has been edited by mois: Dec 31 2024, 10:37 AM

Platform would be Fundsupermart/ MooMoo/ IBKR. All 3 can access to bitcoin ETF both long & short. You need to convert MYR to USD inside those platform. Leverage is 1x & 2x depending on your risk appetite.

Im mostly focusing on Proshares products. There are also blackrock, grayscales, proshares and so on. Bitcoin ETF launched this year 2024. Back in 2022 dont have aiya. But if not mistaken, these ETF do not buy bitcoin directly. More like future contract. But I dont really care as long it does it job like when btc up 10%, the ETF must up 10%. Likewise if down -10%, it must down -10% as well. Then 1x or 2x leverage depending which product you use.

https://www.proshares.com/

Platforms like Fundsupertmart and Moomoo are regulated by SC. If you make money inside these platform, it is consider capital gain like you usually buy stocks. Not cryptocurrency gain like Luno I think.

And lastly I dont want give financial advise. You must do your own research.

This post has been edited by mois: Dec 31 2024, 10:55 AM

Tonight or these few days S&P500 is the main event. Once it leave the support, which is 5835. There will be blood across all asset class.

Bitcoin is the king of cryptoccurency.

S&P 500 is the King of Stock Exchanges. The biggest indicator of all.



This post has been edited by mois: Dec 31 2024, 11:26 AM

They are only open at night.
BITI -1x (short)
BITO 1x (long) like buy spot bitcoin. 5% mean 5% gain.

Remember, short is very risky as the losses are unlimited since btc has no real top. The bottom are just temporary. It is not made for long term. Make sure you have your stoploss.