Doctor Profit

Everything will be decided on the golden line, its a retest to confirm yesterdays breakdown. Its a stress test for Bitcoin and it needs to close above for a bullish continuation. The golden line is currently located at $103,000 and Bitcoin needs to close the daily candle above

#Bitcoin almost regained the golden line, close daily candle above would cancel all bearish thesis. Placing stop loss at entry $103,300 to avoid any loss. Keeps short open but its going to close if touching entry. https://t.co/VfXeACLMsr

Bitcoin will move below $100,000

In next few minutes

The market looks absolutely concerning. With news about closure of the Strait of Hormuz you can expect Oil to rallye big, leaving stock market and crypto in red

Unfortunately further escalation looks more than programmed, this is far from over

Bitcoin – What’s Next?

The Big Sunday Report: Everything You Need to Know

🚩 TA / LCA / Psychological Breakdown: It’s fascinating how people always panic the moment someone goes short. Given the current uncertainty, I believe market makers will continue applying pressure to maximize fear and that requires a Bitcoin price well below $100,000.

Last week, we exited all positions, including selling 25% of our BTC holdings at $108,000, and entered a short. Yesterday, at $103,300, we took full profits from spot holdings, taking the remaining 75% of our BTC in profit. Since then, we’ve been 100% in cash and holding a short from $103,000. This caused many to wrongly assume the bull market is over. That’s absolutely not the case. Realizing profits to re-enter lower is one of the smartest ways to maximize spot accumulation. I will give you the example: Quick example:

You own 10 apples, each one worth $1. Total = $10
In 2–3 weeks, you can sell those apples for $0.70–$0.80 only. That’s 20–30% below the current market. If you sell now, you will have $10. Buy back 20–30% lower, and you still have $10, but now you can own 12–13 apples! This gives a gain of 20–30% on top of the short that allowed you to profit a minimum of 200–300% with a leverage of x10. Let’s assume you entered the short with only 20% of your entire capital. That would equal a position size of $2. The profit with the short would equal $4–5. In total, your entire profit and strategic way to trade allowed you to accumulate 6 new apples on top of your previously existing 10 apples. This is a massive 60% increase of your total spot bag! Now compare those apples with BTC. Instead of 10 BTC, you now own 16. And all you did was a strategic move that many fail to play. This strategy is used by the so-called smart money, market makers, and bigger whales. There is no need to pump the price to heaven when this strategy is even more profitable
as retails always act the same when fear hits the market. And this brings us to the next point...

I’m definitely waiting for the market to hit peak fear. We’ve been in neutral territory, but sentiment is dropping fast, two more points down today, heading straight into the fear zone. As sad as it sounds, fear needs to continue. To make that happen, market makers will likely manipulate the price below $100,000, targeting my first zone of $93,000–$94,000. At that point, I’ll decide whether to re-enter the market or keep the short open toward the $82,000–$84,000 region. That decision will be made based strictly on facts given by market behavior and sentiment at the time. I’ll post a full update when it’s time. No other group gives better, more detailed and stronger market insights and trades than DrProfit premium with proven track record. Monthly spots are now possible so you can use it as kind of trial and see for yourself: https://t.co/TvHxOtJJRL

So, what’s next now shor term?

There’s a massive CME gap at $92,000. I expect this level to be reached first, closing the gap and injecting more fear, which plays directly into the hands of the market makers. There’s also significant liquidity sitting in that zone. In my opinion, $92,000 is the most probable target for now. On top of that the MACD is crossing on daily, as we have seen the breakdown of $104,000 level. Another bearish effect is the golden line that is indeed lost. The golden line on daliy is located at $103,000 region and was lost yesterday and Bitcoin failed to regain after re testing today. Multiple higher-timeframe indicators, moving averages, MACD, RSI, monthly candle, CME gap, and liquidity, all point toward a clear bearish trend for Bitcoin over the past ~20 days. Caution is warranted, especially near critical levels like $100K and the CME gap at $92K. The absolute worst-case scenario would be a full correction to $82,000–$84,000, which can’t be ruled out either. Any updates on the $82,000–$84,000 scenario and its likelihood will be shared once we reach the CME at $92,000

Regarding the Calendar we can expect some volatility on Thursday and Friday. As on Thursday, Final GDP q/q and unemployment claims will be released, on Friday we will have number released for Core PCE Price Index

Trade with me on BloFin: https://t.co/BfOK8FYGfj

The 4D chess against BTC makes fun

Alone this week 6 BTC trades, ALL PROFIT

The newest one is a long from $104,500

One week ago at 108k told you to short

Bitcoin went down 5% since then

We took massive profits and went long

Bitcoin bounced to 108k we took profit

Again at 108k I told you to short big

Today at 104,500 we took profit again

Now back in full long + back spot

What a week 🔥

#Bitcoin will drop below $100,000 in the coming days. Targets set are 93-95k, Stock market SP500 will follow with a 7-10% drop as well. More red candles ahead of us!

We will see a massive bounce after all of this. Some necessary pain is needed now

Few weeks ago I sold all $XRP at $2.40

Now buying back massively at $2.26

Massive triple bottom forming ⏳ https://t.co/AyH0AsTcon

In a market without the fear of a new war, #Bitcoin would have broken out of this triangle. However, due to escalating war fears and uncertainty, Bitcoin halted its uptrend and decided to retest the marked support line, resulting in a strong bounce as you can see marked on the chart. For that I am more than happy to have hedge shorted BTC at 108,800 with the perfect timing, just few hours before the red candles started!

The strategy is as follows:

The short from 108,700 remains open as a hedge, in case the dump continues. At this point, everything depends on one question: Will the war continue to escalate, or is there hope for relief? Once the market gains clarity, we’ll plan our next moves accordingly.

For now, we’re in a very strong position, we are trading the market, not letting the market trade us. Our hedge is effectively protecting our spot holdings. The support level that triggered today’s bounce is at $103,100. Still, Bitcoin remains extremely volatile due to ongoing breaking news and we cant say that the really big red candle is out of the table yet. You know exactly which candles i refer to, those who drop 5-10% in a daily and fully bounce after the move leaving panic sellers behind. Would love to see this move, realise profits from short and ride the move back up.

Also, the most beautiful thing, with the current setup, we have nothing to lose but only to win.

Best-case scenario:
If the market crashes on important news, we’ll take solid profits on our shorts, I will give the update in time once i decide to take profits on shorts. Of course the best case would be, Bitcoin pumping back to our original entry at 108k, then the short taken profit is no longer a hedge, it becomes pure net profit. That’s the ideal outcome, and if it plays out, we’ll walk away with a big win.

This is the definiton of Low Risk, High Reward!