jpwall

Hello everyone,I hope you are having a good week so far and enjoy this post! Not financial advice, purely educational and / or for entertainment purposes. Writings are of my own and not written by an AI.Still long on Bitcoin. I'd flip short when the ETF geets approved, but actually view it as a great [spot Bitcoin] accumulation range. That's just my personal preference though. Something about $32K to $37K is a place I didn't expect we'd be at so soon! This is effectively a continuation post.To me, this asset is far under-valued than most people realize in this range. Regardless, here is a key:Bullish: yellowBearish: pinkHappy trading, everyone :)~Jpwall

BTC-USD: $30.4K, We Meet Again! Here we can see Bitcoin pausing at the $30.4K level. Assuming it can break above, we may hit the $32K area before dropping to $28K and moving upward over the next month or two. If we break above or below these ranges, it might make sense to consider positions in that direction. In this particular case, I am leaning towards the long side. Granted, there are events on the horizon that could potentially speak to the opposite. That being said, it seems unlikely for us to go below $19K again. I will update this post with thoughts on the range. With continued layoffs, and other parts of the U.S. economy stalling, it is looking like the Federal Reserve will take us to a 'hard landing'- or some variation of it. Interestingly enough, bank failures would be bullish for Bitcoin. That is, unless the price action following SVB and other bank failures were a fluke... Happy trading, everyone! A rather short but to the point post today. Written by a human, not an AI. Not financial advice - content is intended for educational or entertainment purposes.Comment: OK, looks like my range estimation was slightly off - 27K to 30.4K / 32K seems more accurate. Anyone else think this looks like the SOS in Phase D of a Wyckoff Accumulation? Will undoubtedly keep an eye on it...

Not financial advice - I hope you find my TradingView posts educational and entertainingLast post I talked about potential buy levels. Well, it's possible that the bottom is in. It's good to be prepared for either direction with price movement.Given the significant bearish sentiment on social media platforms, I find it increasingly unlikely that we will see prices below 17K, but my previous post should be used for reference in case that happens. With everyone calling for sub 10K Bitcoin and fear and greed levels so low, it might just do the opposite and rally to the $22-30K range.Additionally, we see OBV (On Balance Volume) moving to the upside on the weekly chart, indicating a potential bottom. Granted, this was also seen before the floor caved in during the 2018 bear market - just something to keep in mind.Using this Fibonacci circle as a reference, we could see price range between 20K and 50K until the halving in March 2024, where we could jump up to the 3.618 rung and commence the bull run.Will my haphazard scribbles come true? Probably not. Is this a good long term basis in regards to previous price action and potential future price action? I think it is a good starting point and plan to check on this idea periodically.Limit orders are still your friend :)Happy trading (and investing), everyone!

Not financial advice.With Bitcoin continuing to trend downward, there are additional buy levels in sight. A bear trap is also within reason, but with macroeconomic headwinds it seems unlikely to bounce much higher than 30K in my opinion.Looking at the Bitcoin market cycles in particular, the levels in teal could serve as support and prime buying opportunities for the long run (5 to 30 years).It is possible for Bitcoin to come down to support at the 112K range. These are levels seen before the 2020 bull run.Happy trading, y'all!

Not financial advice.We have effectively traveled back in time to before the 2017 BTC bull run, relative to the SPX. Now could be a good time to accumulate Bitcoin.Crucial support at orange line, approximately 30% down from here but we are already below the 2017 ATH. Something to think about at least.I'll be avoiding altcoins and attempting to trade BTC pairs in the future as well. Happy trading, everyone!

For anyone also interested in semi long-term (20-35 years) Bitcoin investing like I am, these are potential levels of support I'm watching.Finding it unlikely to go below 10K barred economic catastrophe, frankly. If it does I will start to question my own understanding and faith in the asset.24.2K is also an interesting one to watch.22.5K is a previous support during the bull run of 2020.19.9K was approximately the all time high (ATH) of the 2017 bull run.Happy trading (and investing), everyone!Not financial advice.Assuming we haven't capitulated by now, buy levels on the way down also include:16.4K, 14.2K, and 12.5K