#BTC Update

Yesterday we talked about a possible dip on DXY with BTC and SPX pumping ! Then came the bad news about Kraken and US govt looking to ban staking, unfortunately no one can predict this type of news, and their impact on the market.

Let's get back to our charts and see what we got :

https://www.tradingview.com/x/bdeifyMI/ ( BTC )

Bitcoin went straight to the 4H 200EMA, closing almost fully the gap we made on 20th January when we pumped from 21 to 23K.

https://www.tradingview.com/x/cTcx5NzD/ ( SPX )

S&P500 lost it's 4H trend, and currently retesting it as resistance.
Reclaim back the trend and it's positive. A hard drop below the hourly 200EMA around 4025 would mean further downside and next stop gonna be around 3955.

https://www.tradingview.com/x/GNyyJoZa/ ( DXY )

Still below 104 which is the local top for DXY in my opinion before we see lower prices ( below 100 )

Conclusion :

If SPX bottoms out than it's very likely that BTC also reached it's local bottom.
But if SPX goes down below these levels to 4025, BTC will also go lower to 21-20K.


Will update when/if needed.

Only 2 lifetime spots remaining before we close the discount ‼️
Contact @Adam_RocketWallet

1 lifetime left ‼️
Discount will be closed after we fill this spot.

#BTC

https://www.tradingview.com/x/mnkXtrFD/

200EMA on the 4hr chart can't be considered as lost since we're just ranging here.
200EMA on Daily is the one that should hold price.

Chop now before turning bullish by end of day is on the cards.

20900-20700 is the max we can see if/when going down. I don't see BTC going below 20000.

SCAM ALERT ‼️

These groups are all scams ⛔️

Fake Channel ID.
Fake Members.
Fake Traders.

Make sure to double check the ID before joining 👀

Real Channel ID : @Rocketwallet_official

Real Username ID :
@Adam_Rocketwallet

#BTC

https://www.tradingview.com/x/opoQHsep/

No comment.

https://www.tradingview.com/x/hlF7oltc/

Buy 📈

DF/USDT

Entry 0.048

Targets :

🎯 0.072
🎯 0.092
🎯 0.114
🎯 Moon bag

Stop loss 🔴 0.0285

Note:

Yes it's a shitcoin and yes it's looking good techincally 😝

Accumulation between D1 200EMA and D1 13/21/100EMA in confluence with the POC of it's entire binance life.

Book some profits on DF

TARGET 1 DONE ✅

I think cornix is lagging.

Profit : +50%

#BTC Update :

Two scenarios I'm watching on Bitcoin :

1st Scenario

https://www.tradingview.com/x/qXjGhLur/

Dip from here to 23000, consolidate and head to 25K+

2nd Scenario

https://www.tradingview.com/x/9VuVXwM0/

Chop on this area before heading back to 25K+

https://www.tradingview.com/x/7MpVJJx7/

Enter Long 📈

BTC/USDT 23850

Leverage cross x5

Targets :

🎯 24580
🎯 27144
🎯 29139

Stop loss 🔴 21281

Note:
Following the scenarios shared on the updates channel, we will take a long on BTC here.
If first scenario plays out we will be looking to add to our position after we dip to 23K.
If second one plays out, we will not look to add to the position.

Cornix not detecting targets..

TP1 done ✅

15% with 5x leverage 🚀

LINK looks really strong here.
I really like how EMA's are set on this setup.

You can buy some or go for a 3x cross leverage trade.

Invalidation : 6.7
TP : 8.xx

https://www.tradingview.com/x/4MxXrjBT/

#LINK Updated Targets

#LINK Shared yesterday on VIP 👆