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MM Profile picture
@Crypto_MM_
Mar 29, 2022 • 10 tweets • 5 min read • Read on X
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1/ New Weekly Bitcoin thread

Last week I read Bitcoin terribly. The good news is that over the past two weeks I’ve learnt more than ever.

We just received a lot of high timeframe Bear VCR alerts in the Telegram. Here are my thoughts on Bitcoin at the moment
2/ Plus there was a 4hr bear pdi when we reached these levels
3/ 9 out of the previous 10 times Saylor announced a #Bitcoin purchase a dump has followed afterwards.

We're now at no. 11, let's see how this plays out. My bet is down (Thurs or Fri this week)

(The last time there was a mini dump before going up)

4/ Important tweet from Rekt. Given PA at the moment I believe he's looking at Phase 4's bearish scenario as the higher probability

5/ And thanks to @Craving_bs for reminding me to add this.

This week's CME gap sits at $44825 to $46550

80% of CME gaps are filled.
6/ Given the above information the scenario i'm looking for is Bitcoin to range here for a few days, then fake out, hit around $48500 and retrace to fill the CME Gap.

Bookmap is also showing a heavy stack of sell orders at 48500 (subject to change)

7/ Also, because we are close to the end of the month it may not happen until Friday. (Chart scenario attached)

I think Eth needs to hit $3600 first, so Alts have time and space to run.

Areas of rejection on them that i'm looking at are their 12hr and Daily Fair Value Gaps
8/ Lots of Alts getting overextended and showing green vectors on the daily charts at the top. A lot of them running into Daily Fair Value Gaps. Bitcoin also at a Daily FVG.

These are strong resistance areas.

Add in Saylor’s announcement today and you’ve got a recipe for 📉📉📉
9/
10/ Watching Asia tonight to see if we get something like this. Flash dump into 46k, liquidate some late longs, then run it back up

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More from @Crypto_MM_

MM Profile picture
Mar 3, 2023
Low TF Range Analysis on $BTC and $ETH

Same play as always:
Take out the top of the range first and you target the bottom, take out the bottom of the range then you target the top.

Note: $Eth range isn't confirmed until a break below $1557.65 has occurred. Image
Price moving towards the top of the range at the moment. Will be careful if this turns out to sweep the range high first - have to remember that we're in the vicinity of a bullish order block and the fact there's a lot of fuckery around the weekend. If it does take range high...
...i'd like confirmation by it re-entering the range and holding within. A move back up above again and i'd be vigilant to make sure it doesn't go against me too hard.

For scalp ranges I am always looking for a minimum of 3:1 RR.
Read 4 tweets
MM Profile picture
Mar 3, 2023
🧵A Note on Sentiment

Notice and observe how whenever we drop people start searching for lower and lower targets.

Was this the case a few months ago? No, people were looking for higher targets until all hope was obliterated. Image
There was a sentiment shift when we dropped below 28k.

Hope turned to despair.

People who had been trying to buy/long the dip were now more of the thought of selling/shorting the rips.
Towards the end of the move is when people start getting aggressive with even lower or higher targets.

Know when the market structure has shifted, we are very much in bullish market conditions - yet the crowd is still very much with a bearish mindset. Most are offside.
Read 6 tweets
MM Profile picture
Feb 19, 2023
Lmao. 15,000 fools buying this larp’s books.

Cheds ain’t a trader. He is a commentator who makes money from books, YouTube and referral links - like most larps on here.

“Those who can, do; those who can’t, teach.”
Imagine paying $34.99 to get trading ‘wisdom’ from someone who can’t trade. Boggles the mind.
Half the quotes prolly about how to use Moving Averages or Bollinger Bands lol
Read 4 tweets
MM Profile picture
Nov 10, 2022
🧵 Is #Bitcoin's next destination $31,700? - A Thread

I believe that the next logical place for $BTC to go is above $30k. In this thread i'll explain why. Image
[1] The Range.

1a/ We've been ranging between $17-25k for 145 days. And it's felt like it. It's been excruciatingly boring at times. Image
1b/ The range has finally been broken to the downside in the past few days with FTX being used as the catalyst.

Whenever you're in a range it's typical that once it's taken out one side of the range price then proceeds to the untapped side of the range. Image
Read 31 tweets
MM Profile picture
Jun 4, 2022
1/ Timing the Right Moves of the Market

🧵 A thread
2/ What's the first thing people learn when they start trading?

Technical analysis of the chart. Usually through some sort of patterns system, Fibonacci, Elliot Waves, Fair Value Gaps for example.

But what is something is consistently overlooked?

Time.
3/ Time is important because it's when the Market Makers and the algorithms are most active in the market. You'll see this through sessions whereby most of the activity in the charts happens whenever the key legacy sessions are open. These are Asia, London and New York
Read 30 tweets
MM Profile picture
Jun 4, 2022
BREAKING: Shock and horror as Crypto MM actually agrees with Coinskid for once

😂
Every time I post something bullish I get the same replies about inflation, recession, stock market etc etc. Literally the same reply every time.

When I was bearish at 41k and 48k I had the same replies telling me why I was wrong to be bullish and we would “hit 50k first”
Fact is my engagement went lower on here when I went bearish at the highs and it’s still low even though I’m being bullish at the lows.

People love bullish posts…but not when they’re following the crowd and being bearish af - that’s when you get ridiculed.
Read 4 tweets

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