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$BTC Quite the volatility for a weekend indeed. Looking like it might end up opening on Monday where it closed on Friday as most of the dump has been retraced now. Would be nice to not open with a gap for once so we can focus on everything else instead. Big week ahead 🫡
news Twitter - daancrypto BTC
a year ago
$BTC Not many changes here. Tested the resistance area but rejected. Back to trading below the Daily 200MA/EMA's. Intra-day there's quite a few decent moves but I'm not too interested in those. High chance to get chopped up. With the 2nd of April (Tariff/Liberation Day)
news Twitter - daancrypto BTC
a year ago
$BTC Quite the volatility during the weekend as was to be expected with such a "Big week" ahead. Low timeframe example here but there's quite a lot of volume and positions being closed here. First longs got taken out (again) and now shorts are taking profit/getting squeezed
news Twitter - daancrypto BTC
a year ago
While $BTC is so correlated to $SPX, it can be useful to keep an eye on that chart as well. It would not surprise me to see a quick sweep early in the week to make a bullish divergence and then go from there. Obviously the key for whichever direction this heads to next week
news Twitter - daancrypto SPX BTC
a year ago
$BTC Has been bleeding heavily for the past couple of days. This made it so there's quite a few long & short liquidation clusters built up on both sides. Price just took out quite a lot of long interest on this drive down. Keep an eye for these big spikes as they might offer
news Twitter - daancrypto BTC
a year ago
Thoughts on Liberation/Tariff Day 2nd of April The 2nd of April which Trump calls "Liberation Day" is when all the (reciprocal) tariffs on a variety of countries are supposed to come out. We don't have a clear scope of the severity of it but the market has been embracing for
news Twitter - daancrypto
a year ago
$BTC Weekend time. We've opened with some gaps in recent weeks due to the heightened volatility. With April 2nd (Liberation/Tariff Day) approaching and potentially some headlines leaking about details or updates, it would not surprise me to see some action this weekend. Be
news Twitter - daancrypto BTC
a year ago
It might not feel that way, but $BTC is pretty much flat for the month of March. We've seen a lot of headlines and volatility, combined with stocks seeing their worst monthly performance in about 1.5 years. So all things considered, it held up pretty well. The big difference
news Twitter - daancrypto BTC
a year ago
Gap fully closed now.
news Twitter - daancrypto
a year ago
$BTC That's most of last weekend's gap closed. Gap open on monday and closing it on friday just as we're about to head into the weekend again. Pretty typical for the past few months of price action.
news Twitter - daancrypto BTC
a year ago
$ETH That's the ~$1B in Open Interest from earlier this week fully retraced as price made new weekly lows. I really don't care too much about ETH until it either trades back above $2.1K or near its cycle lows at $1750. Other alts mostly following ETH as well as usual. PCE data
news Twitter - daancrypto ETH
a year ago
$BTC Is getting closer to the gap which was craeted during last weekend. Can be a good short term area to watch as these often do act as pivot areas locally.
news Twitter - daancrypto BTC
a year ago
$BTC This range breakdown & sweep might be a bit slower, but it's also on the back of the sharpest equities sell off since the Yen Carry Trade issues, which coincidentally also marked that last range sweep in August 2024. I think there was a lot of reason and opportunity to dump
news Twitter - daancrypto BTC
a year ago
$ETH The big $2.1K level has held as resistance on the first test. To get some kind of higher timeframe reversal going, it is important that ETH breaks through that area and gets itself back in the $2.1K-$2.8K range. For now, still stuck within the $1.7K-$2.1K range.
news Twitter - daancrypto ETH
a year ago
BIG launch coming on Binance’s Launchpool. I’ve previously discussed $GUN and their game @playoffthegrid. Tried it myself and it has been the most advanced crypto native game I’ve tried yet. If anything can get the interest back into the GameFi sector it would be a big launch
news Twitter - daancrypto BIG
a year ago
$BTC Big level.
news Twitter - daancrypto BTC
a year ago
$WLD Attempting to break back above that horizontal area. If this can break and consolidate around ~$1 I'll start looking for longs. Will repeat yet again, this is not a long term hold, would just look to trade as I think it can do well once the momentum is there.
news Twitter - daancrypto
a year ago
$METIS Still trading in this massive range and retested the late 2023 breakout as so many did. I would want to see this form a base round the ~$20 region first and go from there. This is one of those coins that will do well on an ETH/BTC reversal, just like the other L2s.
news Twitter - daancrypto ETH METIS BTC
a year ago
$NIL Turning its low timeframe trend around and going for the previous range low again. Would be a nice level to retake and turn this into a big devation. Be warned, this is a new launch and there's a lot of volatility. Be careful with the leverage.
news Twitter - daancrypto NIL
a year ago
There is plenty of time to make it. Also in this market. Yes it will get harder over time but if you keep learning you'll grow along with the market. It won't be as easy as it has been in previous years but there's always endless of opportunities out there. Just don't try to
news Twitter - daancrypto
a year ago