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Bitcoin trading calls

  • #1,561
  • Jun 22, 10:04am (1 hr 31 min ago) Jun 22, 10:04am (1 hr 31 min ago)
64800 as the trigger is key line in the sand now. If it holds as resistance on any retest the short thesis stays intact
  • #1,562
  • Jun 22, 11:11am (25 min ago) Jun 22, 11:11am (25 min ago)
Quoting xtraderforex
64800 as the trigger is key line in the sand now. If it holds as resistance on any retest the short thesis stays intact
I agree xtraderforex.
Price is currently moving away from that area
Bitcoin needs to make up its mind
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If you think you can or cannot do it you are correct
  • #1,563
  • Jun 22, 11:15am (20 min ago) Jun 22, 11:15am (20 min ago)
Quoting Toboso01
{quote} The bulls are actively defending the $64,000 support zone against bearish pressure. Throughout both the Asian and London sessions, sellers were unable to break below this level or drive BTC lower. After a breakout above $64,400 on two strong momentum candles, I entered the trade on the subsequent pullback. As we approach the New York session open, price is once again testing the upper boundary of this range. Keep a close eye on $64,700, which represents the immediate resistance level. The bulls need a decisive break above this area to open...
I’ve moved my stop loss to break even to secure the trade. I believe this might be a pullback to retest the consolidation zone between $64,000 and $64,200 before the uptrend continues.
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  • #1,564
  • Jun 22, 11:24am (12 min ago) Jun 22, 11:24am (12 min ago)
Quoting Toboso01
{quote} I’ve moved my stop loss to break even to secure the trade. I believe this might be a pullback to retest the consolidation zone between $64,000 and $64,200 before the uptrend continues. {image}
Wise move Toboso01,
This thing moves very erratically.
It's what I said before.
It can move 500 points without making up its mind - taking its toll on traders who see bullishness then bearishness intermittently (me included)
I have a short position from round about 65k.
If you think you can or cannot do it you are correct
  • #1,565
  • Jun 22, 11:26am (9 min ago) Jun 22, 11:26am (9 min ago)
here now 4h shooting star near resistance
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  • #1,566
  • Last Post: Jun 22, 11:34am (1 min ago) Jun 22, 11:34am (1 min ago)
By the way guys,
Who are you trading bitcoin through and what is the spread and margin required
I am using a prop firm AquaFunded and the spread is crazy the margin is 16k for an 0.5 bitcoin position.
As you all know the narrower the bid/ask the more earlier you can be in profit and the closer price reality you will be.
I am working my way to a futures account - now that even futures are 24/7.
There are other unconventional vehicles that are good as well.
Who are you all trading bitcoin with and what are your trading conditions?
If you think you can or cannot do it you are correct
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