BabyYoda

13.06.2021

#BTC rejects from the top of the wedging structure

That said, this market structure continues to hold and we'll see further move inside it

Let's see if the series of Lower Lows continues or whether $BTC is able to form a Higher Low on this pullback

BabyYoda

13.06.2021

The 21 Weekly Exponential Moving Average tends to be a vital reference point for #BTC

Keeping the 21 WEMA as support means $BTC will continue its Bull Market

Losing the 21 WEMA often means BTC will be entering a Bear Market

BabyYoda

12.06.2021

$BTC #Bitcoin #BTC
Nice try yesterday bulls 🙂
Now we are printing a reversal falling wedge, which could be a good thing.
But we remain under the bearish pennant support. Let's bounce on the falling wedge support, breakout and go to $54k+.

BabyYoda

12.06.2021

#BTC holding well here & the weekly candle looks good

I still think we've got higher to squeeze.

BabyYoda

11.06.2021

#BTC

What I think happens on Thursday

BabyYoda

11.06.2021

Alts will get crushed if we pullback here. Derisked a bit. #BTC dominance continues to climb. All eyes on the orange coin for next few weeks.

BabyYoda

10.06.2021

#BTC is starting to look really good on lower timeframes.

15 min = bullish
1H = Awaiting confirmation
4H = Starting to breakout
1D = Still bearish

BabyYoda

10.06.2021

#Bitcoin

Looks textbook wyckoff accumulation with a spring & test

$40,000-50,000 is possible from here

Might consider some spot bids soon. Otherwise I plan on laddering out more spot #BTC above $40k as close to $50k as possible

I want to see $35,800 maintained as support

BabyYoda

09.06.2021

#BTC update
It did the white ABC I posted before the weekend. Now in green box but I'd expect 1 more leg down today, followed by a bounce to ~35k
From there down again, sub 30k, or "up only" again, but the latter feels more like a miracle tbh.

BabyYoda

09.06.2021

#Bitcoin oversold on the 4h timeframe. We may bounce to $3350. That would just be a momentarily relief IMO. I moved some $ to the sidelines to have more dry powder in case we drop further. #BTC

BabyYoda

08.06.2021

Kind of a very big level coming up in ETH/BTC...would confirm potential moves to all time highs in the pair if 0.8 breaks.

BabyYoda

08.06.2021

$BTC is getting #shorted, HARD. Naked shorts went up suddenly from 1,200 BTC to 4,000 BTC today.

#Bitcoin is getting the largest amount of naked short interest today (June 6) since the major crash on May 19 (11,000 BTC short position).

Something big is in play.