BTC Update 05/29/2024, 67273(-1.4%)
Journaling days: 46
BTC printed its lowest 67273 at 01:39/05/29/24
BTC printed its highest 69628 at 08:37/05/28/24.
Journal time: May 28th-29th. 7am-7am UTC+7.
The gap between the highest and the lowest is -3.38%. The current session's BTC lowest level is -1.45% compared to yesterday's lowest price.
BTC Prediction for 05/29-05/30
Short target: 69630
Long target: 67271
After calculating all the risks, the projection is valid from 10:00 a.m. 05/29 and expires at 07:00 a.m. 05/30/24 UTC+7.
Bias: Bearish.
I would select the short target 69630 if I don’t have any unfinished positions.
Considering all my unfinished auctions, my new Short target is 75000.
BTC Prediction for 05/28-05/29 (Update)#Final
BTC crossed the "long target" firstly at 10:26(05/28), printing a local low, consolidating above and below the line several times, before exiting from the negative area for the last time during the session at 03:54(05/29). At the time of writing, BTC made its local high of 68983 at 09:29, or +1 % of the long line.
BTC Prediction for 05/20-05/21 (Update)#9
Position (2): 70140. Limit order: Short.
#9. Up:+4%
#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)#13
Position (1): 66644. Limit order: Short.
#13. Drawdown: -4.47%
#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.