BTC Update 05/28/2024, 68269(-0.14%)
BTC Update 05/28/2024, 68269(-0.14%)
Journaling days: 45
BTC printed its lowest 68268.7 at 18:39/05/27/24
BTC printed its highest 70750 at 23:19/05/27/24.
Journal time: May 27th-28th. 7am-7am UTC+7.
The gap between the Lowest and the Highest is 3.63%. The current session's BTC lowest level is -0.14% compared to yesterday's lowest price.
BTC Prediction for 05/28-05/29
Short target: 70752
Long target: 68266
After calculating all the risks, the projection is valid from 9:30 a.m. 05/28 and expires at 07:00 a.m. 05/29/24 UTC+7.
Bias: Bearish.
I would select the short target 70752 if I don’t have any unfinished positions.
Considering all my unfinished auctions, my new Short target is 75000.
BTC Prediction for 05/27-05/28 (Update)#Final
BTC crossed "short" (69592) at 22:00 on 5/27, causing a drawdown of -1.6 % before returning to short at 06:01 on 05/28. At 08:50, BTC printed low at 68581.5, or +1.4% from the short perspective. Following my rule book, no new position opened, and this update is officially "final."
BTC Prediction for 05/20-05/21 (Update)#8
Position (2): 70140. Limit order: Short.
#8. Up: +2.6%
#7. Up: +2.52%
#6. Up: +2.3%
#5. Unrealized profit (Up): +4.9%
#4. Unrealized profit (Up): +5.6%
#3. Drawdown: -0.8%/ Up:+2%
#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)#12
Position (1): 66644. Limit order: Short.
#12. Drawdown: -4.98%
#11. Drawdown: -4.42%
#10. Drawdown: -4.46%
#9. Drawdown: -3.9%
#8. Drawdown: -5.2%/Up: +0.7%
#7. Drawdown: -6.1%
#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.