$BTC - Hidden bullish divergence
Near 87k, price made higher highs while RSI made lower highs. That bearish divergence was the warning, and why I took a short up there.
Now the opposite: price put in a higher low (~80k vs ~75k in Sept) while RSI made a lower low. Hidden bullish divergence, sitting right on the daily 50 SMA.
The crowd that was euphoric at 87k is now bearish at 81k. 80β82k is my floor. Iβm accumulating here, not positioning for a breakdown.
Targets: 85k β 87β90k+
If 87-90k breaks, 94k is the HTF target
Invalidation: 1d close below 80k
$BTC
Separate short from earlier. That closed at break even.
New short: scaling into ~86-89k.
Why: double top into resistance, weekly liquidation swept, delta stretched.
Invalidation: acceptance above 89k.
Target: 79-83k range (developing).
HTF unchanged.
$BTC Added to position
Support held this weekend.
Falling wedge pressing the upper trendline.
Added (yesterday): $81k
New average: $80.8k
Invalidation: unchanged, 1d close below 80k
Targets: 85k (strength = hold) β 87β90k+
$BTC Added to position
Added: $80.2k
New average: $80.8k
Invalidation: unchanged, 1d close below 80k
Targets: 85k (strength = hold) β 87β90k+
$BTC
The crowd wants low 70s. The chart disagrees.
In bull markets, price rarely gives the perfect retest. Most sidelined buyers are waiting for a pullback that may never come.
Range low already swept to 79.7k, and the daily closed right back inside. Thatβs a bottoming process, not a breakdown.
My trade invalidates on a daily close below 80k. On the HTF, 77k is the absolute worst case.
Max pain is higher, not lower.
90k into Nov/Dec.
$BTC
A lot of noise this week
Structure hasn't changed
Above 80k, Iβm buying dips
85k β 87β90k+
$BTC
Falling wedge tightening
A dip into 81.5k is fine
Hold it today β green weekend
$BTC Added to position
Added: $80.2k
New average: $80.8k
Invalidation: unchanged, 1d close below 80k
Targets: 85k (strength = hold) β 87β90k+
$BTC Trade Update
Average fill: $81,346
Weekly structure still intact
Invalidation: unchanged, 1d close below 80k
Targets: 85k (strength = hold) β 87β90k+
$BTC
The big move up never retested the daily 50 SMA. Until now.
BTC usually ranges close to the 50 SMA before moving higher, and so far itβs holding as support.
Expecting continuation.
$BTC
First the market made longs comfortable, then swept the lows.
Now itβs making shorts comfortable under the highs.
Same playbook, in reverse.
87-90k next.
$BTC
ETF's offloading massive amounts of spot after CPI came in higher than expectations.
News moves price short term.
Structure decides the trend.
All eyes on ~81.3k support/TL π
$BTC Trade Update
Average fill: $81,346
Weekly structure still intact
Invalidation: unchanged, 1d close below 80k
Targets: 85k (strength = hold) β 87β90k+
$BTC
Long: scaling into 81-82.5k
Why: support held, HTF liquidity swept below + spot volume rising
Invalidation: 1d close below 80k
Targets: 85k (strength = hold) β 87-90k+
$BTC
Third weekly close above the 82k range high. Now retesting it as support.
HTF structure is bullish.
$BTC
Long: scaling into 81-82.5k
Why: support held, HTF liquidity swept below + spot volume rising
Invalidation: 1d close below 80k
Targets: 85k (strength = hold) β 87-90k+
$BTC
Closed majority short at 81.2k.
Added to spot at 80.5k.
SL at 79k.
$BTC
Called the short at 87k.
Partial payment at 81.2k.
Nice work if you stuck to the plan.
Still holding the remainder for ~79k.
$BTC
Separate short from earlier. That closed at break even.
New short: scaling into ~86-89k.
Why: double top into resistance, weekly liquidation swept, delta stretched.
Invalidation: acceptance above 89k.
Target: 79-83k range (developing).
HTF unchanged.























