👇 Free Daily Crypto News + Weekly Wrap Up
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Don't fumble the bag... This rare RSI signal that called every macro $BTC bottom has already flashed👇
1/8 The Bitcoin bottom is in.
Weekly RSI is flashing the same rare signal we’ve seen around previous macro lows, and BTC’s price structure looks familiar.
I’m paying more attention to market structure and cycle behavior than what $BTC has historically done in a given month🧵👇
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Exactly what we're watching for as well.
$BTC is notorious for its H&S distribution structures, we should expect similar accumulation structure until proven otherwise.
Let's see how $BTC closes out the weekly, but honestly I am watching for this iH&S pattern to play out.
$65.4K must be defended on the weekly closes, wicks below are welcomed, but this is the current setup I believe is printing.
If we see this happen the spring to the prior highs should happen quickly after.
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Bitcoin returned to our min viable $66,000–$67,000 backtest area near the 200-week average. We're watching for support to hold, with a deeper sweep toward $60,000 still possible. Nvidia’s rebound and Nasdaq’s 28,820 level are also in focus.
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BTC didn’t throw a couple cheeky wicks over its previous macro high, it closed meaningful daily candles above.
Mid $60k region was always the unresolved imbalance. You were bearish at support. No pats on the back for now affirming the inevitable backtest 🤷♂️
When Bitcoin has fake-outs in a range, it is common for it to quickly go to the other extreme (once the fake-out is confirmed).
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Bitcoin is down over 20% from the October top, tagging $67,500 earlier this morning.
On our August 21st live show, I called for this exact back test after the breakout, with a retest near $66K
Zoom out to the weekly, three-day, or daily chart and you’ll see a massive inverse head and shoulders forming.
If it breaks and fully completes, that structure points toward $140,000 to $150,000. Instead of panicking, I see this as healthy rebalancing, and I’d absolutely be a buyer under $70,000.
#Bitcoin bitcoin:native #Crypto #CryptoCharged
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Square Launches Squaremates AI Agent for U.S. Sellers
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1/6 Most traders decide where to get out after they're already in. That's backwards. Here's how to define your entry, stop, and target before you take a trade. #CryptoCharged #TradingTips #Crypto #Bitcoin
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5/6 Now size it. Position size = account risk ÷ (entry minus stop). Example: $12,000 account, 1% risk = $120. Entry $100, stop $94 = $6 risk per coin, so 20 coins. Target $118 pays $360. That's 3R, and at 3R you break even winning 1 in 4.
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6/6 Want to see this in action? We map the entry, stop, and target on our latest trade setups for $BTC, $ETH, $SOL and more. See them all at CryptoCharged.com
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XRP'S 12X Setup is Here!
$XRP is sitting near a dollar, and the extension targets point to almost a 12x at $13. 🤯
Back at $2, the upside was only 570%. Now it's over 10x, so why are people waiting for 70 cents?
Find out where the real buy zone is 👇
#CryptoCharged #XRP #Ripple #CryptoNews #Altcoins
OpenAI Opens ChatGPT’s Doors to Businesses and Their AI Agents
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