Trading The King of Crypto
Trading The King of Crypto

Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???


BTC Daily Technical Analysis: Why I Shorted APTOS?

22 Oct 2022 1 minute read 2 comments FreedomBuilder

I just opened a short position on APT in Grid trading futures, there is a lot of fud around the project Tokenemics and Tps, in the same time euphoria on the hype of Aptos like the future killer of Solana with more transactions per second , and the CE...

BTC Daily Technical Analysis: the SIdeways HuntING for Liquidity with low Volatility / When will this Range End?

21 Oct 2022 1 minute read 3 comments FreedomBuilder

Bitcoin holds its support well at 17.6K not yet crossed, while the S&P 500 has already tested its last bottom of June, and several days the BTC performs the S&P 500. The big whales are withdrawing their BTC from the exchanges, with a historic low for...

BTC Daily Technical Analysis: We Delete Some Shorts, Others Come Directly After / Short Squeeze it's not over yet!!!

20 Oct 2022 1 minute read 0 comments FreedomBuilder

  Yesterday the price searched all the way to 19.7K to liquidate the shorts, but today we have new peaks in north near of the price so it continues to short the BTC with big leverages!       Seeing the liquidations is good but for the stops losses i...

BTC Daily Technical Analysis: Possibility of a Long Squeeze from 17.5K up to 14.5K / The Impact of the S&P 500 and the Dollar on the BTC.

19 Oct 2022 2 minute read 5 comments FreedomBuilder

The peak of liquidation of the shorts at 20K has disappeared, so either the shorts no longer believe in the downside and close their positions at break even or in a small loss on the level of 19.2K Otherwise if it's a manipulation to show that it wil...

BTC Daily Technical Analysis: Soon we Will Have a Bottom on Bitcoin?

18 Oct 2022 1 minute read 3 comments FreedomBuilder

From ATH to Bottom, so from the last top of the bull run to the last bottom of the bear market, I noticed that we go between 365 days to 396 days in bear markt and 1062 days (almost 3 years) in bull run. Now we still have half of October and then Nov...

BTC Daily Technical Analysis: Bull Trap In Action / Coming Soon My Next Trend Following Short

17 Oct 2022 2 minute read 0 comments FreedomBuilder

For me the most obvious short will be on a price level that will cross several trading schools to confirm the rejection via: - The key support level (in orange) at 20.5K, visible on the King Fisher liquidation map.- The bottom of the Ichimuku cloud.-...

BTC Daily Technical Analysis: The High Correlation to Watch Between the S&P 500 & BTC / 50% Fake Pump / 30% Dump / 20% Real Pump

16 Oct 2022 1 minute read 2 comments FreedomBuilder

The S&P 500 is on the key level of dynamic support around 3585 Next support to come will be the 50% fib on the 3230 tested twice as support in September and October 2020 Bullish divergence on the RSI and MACD to be confirmed! This week's last candle...

BTC Daily Technical Analysis: Detect the Next Bottom with Fib Retracement From the Bottom to ATH.

15 Oct 2022 2 minute read 1 comment FreedomBuilder

I took the Monthly fib based on bear market lows and bull run highs.   First we have never tested the MA 62 in Monthly except during the Covid crash in March 2020, and the last 5 months of 2022 from June to October, for now the MA 62 is solid support...

BTC Daily Technical Analysis: Long Term Bearish Scenario Still Valid / What's the Next Target on Bitcoin 17.5K or 20K ???

14 Oct 2022 2 minute read 2 comments FreedomBuilder

Still 3 weeks before starting the 77 days of the last downward wave. With a candle of -23% in one week we will arrive at 14.8K on the 50% fibo, otherwise the next level will be the 11K to fill the CME gap or the 10K on the 61.8% fibo, and if we will...

BTC Daily Technical Analysis: The Market in manipulation hunting for liquidity / After the inflation figure we had a Dump followed by a Pump

13 Oct 2022 1 minute read 7 comments FreedomBuilder

Inflation isn't as expected, we had directly after the news a big dump on the S&P 500 and BTC followed by a pump to return to the level before.       I deleted this week's gains on the last long ATOM/USDT trade, basically I'm at break even by adding...