BTC Update 05/22/2024, 69165(+4.7%)

Journaling days: 39

• BTC printed its lowest 69165.6 at 02:34/05/22/24

• BTC printed its highest 72132.8 at 07:18/05/21/24.

Journal time: May 21th-22th. 7am-7am UTC+7.

The gap between the Lowest and the Highest is 4.28%. The current session's BTC lowest level is +4.78% compared to yesterday's lowest price.

BTC Prediction for 05/22-05/23

• Short target: 72134

• Long target: 69165

Not financial advice

Prediction active at 10:15 am 05/22 and expired at 07:00am 05/23/24 UTC+7.

Bias: Bearish.

I would select the "short" target 72134 if I don’t have any unfinished positions.

BTC Prediction for 05/21-05/22 (Update)#Final

No trade.

BTC Prediction for 05/20-05/21 (Update)#2

Position: 70140. Limit order: Short.

• #2. Drawdown: -2.84%/ Up:+1.38%

• #1. Drawdown: Up: +1.76% / -2.18%

Take profit target: 65656 from previously 64000. When Bitcoin reaches the price target, it will also close my 05/16-05/17 short position.

BTC Prediction for 05/16-05/17 (Update)#6

Position: 66644. Limit order: Short.

• #6. Drawdown: -7.60%

• #5. Drawdown: Up: +0.9%/ -7.54%

• #4. Drawdown: -1.65%/Up: +1.21%

• #3. Drawdown: -1.04%/Up: +0.21%

• #2. Drawdown: -1.13% /Up: +2.3%

• #1. Drawdown: -0.54% /Up: +3.1%

BTC crossed the first bearish target, 66440, at 18:59 (05/16) and the moderate bearish target, 66644, at 19:30. Considering the prediction active timing (10:00am), I take the moderate target in this journal.