Botje11
4.2K subscribers
669 photos
3.03K links
Download Telegram
Hate to say it, but gonna close half my shit at least. Really thought this wouldn’t be an issue coming month or 2 (until the pause would and) and after that the pause good enough deals would have been made. But seems it’s not over and don’t wanna be stuck in a big dump. Reaction so far is still okay though must say, but can always get back in
Who has been called by blockchain.com and has been told you still have some crypto there, which has been moved to atomic wallet or maybe even another wallet
Anonymous Poll
11%
Yes
89%
No
Please be very careful, haven’t checked it out, but I am 99% sure it’s a big scam. My brother was called week ago, he never touched crypto in his life, a friend just called me who already sent all his info, also already sent $100 as well. He has 113 ETH in his account, he knows he had an account long time ago at blockchain.com, but doesn’t remember what he did or didn’t do. I think you would remember having 113 ETH.

They are fishing for your personal details so they can try to see if you have accounts somewhere else etc.

Also, the people that call you, are very relaxed, not pushing themselves at all, making it more reliable as well. My brother said that, my friend as well. He said I was on the phone with him for 1 hour even today
Botje11
Hate to say it, but gonna close half my shit at least. Really thought this wouldn’t be an issue coming month or 2 (until the pause would and) and after that the pause good enough deals would have been made. But seems it’s not over and don’t wanna be stuck…
Seems I didn’t mention I got back in again, but prices are somewhat back again, ETH is 100 higher but btc is 1000 lower. So in $ its the same for me.

Anyway, wanted to say now, closing half again here. Stocks went up big last night cause of the tariff news, but all the profits have been given away again.

I am mostly worried about this triangle here for btc. I don’t see this one as bullish, give bears slightly benefit here. But will prob depend on stocks. If those rally again later today, btc might go up again. If it breaks down, I prob won’t do anything, unless we see a big dump. If we break the upside, I prob buy everything back again
I am buying back now, btc is 2k lower than when I sold yesterday, but fingers on the trigger to close again, only above 109kish I will feel better again
I started closing earlier this morning and doing some more now. Gonna keep around 30%, all in all around 25k profits for the part I bought in April.

I didn’t think we would see a correction like this here, thought since we broke ATH, see some more upside action first before a correction. So I am pretty disappointed about that. Expected the market to be more excited about it.

Anyway, a correction towards 98k would still be pretty okay. Below that level I will start to be more concerned. So for now prob gonna wait and see
Didn’t know my last update was already 3.5 months ago 😬.

Anyway, markets look pretty okay. Stock markets still on track for more I think. It reached the targets by far I had in mind end of 2022, but think there is more potential.

About btc, looks pretty okay. Today we had CPI numbers where the whole market was waiting for a week long, only to see they were as expected, so nothing pushing it either side, so can assume the trend will continue. I think it’s up.

ETH is my guess what we should look at. It finally outperformed BTC for a very long time now. But past week or 2 it’s been weak, but could be nothing more than a consolidation.

There is room for some more downside, for me 114k ish was the max to be honest, when we broke the 112k while back. But it held the breakout zone when looking at the daily chart.

So correction/retest was too much IMO, but doesn’t mean it can’t work. But for me it does mean, there isn’t a lot of time for btc to break above 120k. Think it has to happen within a week or so.

My guess is, we are going up and I personally have put my money where my mouth is well, so I am long in across almost all assets. From stocks to crypto.

But I am not risking as much anymore for that final leg. I pulled my biggest profits ever past 2.5 years, betting on that final big rally while the market was bearish back then at the lows.

I think the opposite will come the coming months, whole market will be bullish, then I will prob turn bear. But not yet. Still bull, but as said, not going to risk the big profits I made. Treating this last leg as a swing trade, not a long term trade as I did in 2022
What am I not risking so much?

Cause I/we went from btc 17/30k up to 110k, even though I think 140/50 is possible, would be very dump to see it reach 130k and just sit until it drops to 80 or 60 or whatever.

Same goes for stock market. Dow was around 29/30k when I called for the rally, 46k now. SPX was around 3600/3900, now at 6600 almost, even if it goes to 7500 (which is a lot), not gonna just sit and hold.

I still have positions, and good ones, but gonna get out faster when needed. But mostly, not simply gonna try to get back in again as I did several times past 2/3 years. Cause I think the end is nearing (in time). Markets always have opportunities, even though this rally since 2022/3 was pretty exceptional, don’t need to catch 100% of if, I feel we are at like 80% already
Eth pumped 10%ish since my last update, but since then it’s been disappointing. Btc is pretty decent, but have a feel ETH is still leading.

So, there is a good chance eth might make a bigger ABC correction. So this pump last week wasn’t the start of the next rally, but just wave B. If so, we could see support break, typical stop hung of the big 4200/4300 support zone. Shake out bulls and then go up.

I have decreased my positions, locking in profit, so sizes are smaller and easier to hold even below 4000. So won’t miss the rally if I am wrong. Think 3900/4000 should be the max though.
I am mostly neutral by the way, haven’t been that in a long time, cause it’s risky now. Think Sunday night, so Monday when markets open (futures market that is), will be very important. To see if the panic is still there or not. So going to wait for that first
Now after having waited patiently, going to start to get in again, so partially. Big chance below 108/7ish I will get out again. 113kish is a clear resistance. At 116 either want to see a consolidation or it has to push all the way through to 120k. So not 117k and than same day below 115/1114k again
That 4h candle of my last update, shit the bed unfortunately. Showing weakness, but says bulls are trying. But all in all, not saying much and favours bears here. Still just in with a small part and waiting. Same story as month ago, I am not willing to risk as much anymore, which also means that I fine with only having a small size in if btc starts to pump like crazy. Trying to get more on certainties than otherwise now for this final stage of the rally.
To give an impression, last candle was okay, shows an attempt of buyers, but doesn’t say a lot yet. Now, simply waiting for current candle, should close above 105.7 at least and preferably above 106kish. Then there might be a decent chance that bulls do a serious attempt here
Market been pretty damn shitty past weeks. Got out few weeks ago already when it went below my entry. Looked like a perfect trade, went up to 116k even, but never sold cause thought would see much more. I tried 1 more attempts past weeks at 103k but took my losses after it went below 100/99k. Now, since yesterday seems btc getting dragged by weak stock market, so could be, if thos hey stable, market might go up. Now i don’t expect a V shape recovery here, so only gonna start with a % here. So risking small amount once again. Around 92k now
First good candle in a while now. Ideally closes above 94k at least, the higher the better. But if this bull attempt fails, big chance we start to go lower again. So I am prob gonna close again if this candle starts to fail. A close above 92k would be 50/50 I think, below would be in favour of bears
So the candle close was okay, but not super convincing. Was hoping for 94k and higher. Now coming 2 days will be important. Tomorrow is allowed to be a sideways day, but close has to be above 92k, otherwise big chance bull attempt has failed. Current candle or the next has to close above 95/96k.

Only way to say the this downtrend has ended, is to see 1 big green candle of 4/6k points. But that can mostly only be said in hindsight unfortunately.

So still a lot of weakness, but today was a first decent day. Think if the stock market wouldn’t have been that weak today, btc prob would have done a lot better. Past weeks, crypto underperformed a lot compared to the stock market. But past 2 days, you could see btc wanted to go up, but the bearish stock market kept dragging it down. So we need to see the stock market recover coming days, for btc to recover as well.

So still uncertain here, and I only got my first batch still as mentioned earlier today.