Bitcoin’s volatility reached the lowest levels since April 2019.

It’s obvious that the current situation is not in favor of traders because not only that there are not a lot of movements and when they happen, the opportunity is gone because the chances for the continuation of that prior move are minor.

Save the money for better market conditions!

If I hav to choose the side of the next big move, I would go with the bet for the downside and this is the setup I’m looking at.

Bitcoin these days 🤷‍♂️😴

Where Bitcoin is going?
anonymous poll

Down – 184
👍👍👍👍👍👍👍 46%

Up – 136
👍👍👍👍👍 34%

Who knows… – 84
👍👍👍 21%

👥 404 people voted so far.

9,000 blocks into the 4th epoch, #bitcoin  at $9,250
3rd epoch $8,572
2nd epoch $638
1st epoch $12

Definitely not the best market conditions for trading, but if the move will be to the downside, this setup can work out and bring an amazing profit.

That’s why I’m giving it a try!

After range for a few days around our entry point, Bitcoin is finally moving in our favorable direction.

Keep holding!

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Bitcoin tweets spike due to Twitter hack, however still behind the halving and bullish price action in February.

The recent scandal on Twitter is showing the weaknesses of Twitter not the cryptocurrency market.

Twitter was hacked, not Bitcoin!

We’re still targeting lower areas.

It’s still range and price can go in either direction but we’re still partially in a short trade.

We will let you know once we flip our bias.

After pre and post halving drama, Bitcoin mining difficulty is back to a new all-time high.

It means that a drop in mining reward didn’t cause miners to shut down their machines. We even saw hitting new highs which means the network was never stronger before!

Things are warming up!

With a daily close above TP1, Bitcoin will finally create a mini-trend in the market targeting TP2.

I think we’re very soon to see some action in the market.

The first target on ETH/BTC has been reached.

With this price action, the breakout is expected maybe not immediately after 0.028 has been reached but ETH/BTC definitely looks bullish and ready for 0.03BTC to be reached.

Are you holding Ethereum?
anonymous poll

Yes! – 268
👍👍👍👍👍👍👍 63%

No! – 156
👍👍👍👍 37%

👥 424 people voted so far.

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Bitcoin breaks 10k, positive Q3 so far.

Bitcoin macro view

Currently there bullish sentiment in the market, but hold on!

I think we will see Bitcoin ranging between $7.5k and $14k for at least the next 6 months before making some major move similar to the bull market in 2017.

Be careful longing now into the resistance at $11 500. This one will need time to be broke and only in case of a higher timeframe close (daily/weekly), we could and should target $14k.

It’s great to see Bitcoin going up but with leverage trades its risk-reward that is the most important to you. If you can open trade with tight stop loss and potentially big reward, you should do it.

Opening a trade just because you think everyone is profiting right now is the worst reason to do that.

Stick to your plan, not to the crowd sentiment!