BTC Update 06/03/2024, 67297(-0.27%)
Journaling days: 51
BTC printed its lowest 67296.3 at 02:18/06/03/24
BTC printed its highest 68545.9 at 21:33/06/02/24.
Journal time: June 2nd-June 3rd. 7am-7am UTC+7.
The gap between the highest and the lowest is -1.82%. The current session's BTC lowest level is -0.27% compared to yesterday's lowest price.
BTC Prediction for 06/03-06/04
Short target: 68548 (Update:68848)
Long target: 67294
After calculating all the risks, the projection is valid from 10.15 a.m. 06/03 and expires at 07:00 a.m. 06/04/24 UTC+7.
Bias: Bearish.
I would select the short target 68548 if I don’t have any unfinished positions.
Considering all my unfinished auctions, my new Short target is 75000.
BTC Prediction for 06/02-06/03 (Update)#Final
There was trading activity during the session, but my short position didn't perform as well as I had hoped. In fact, the long target price was the one that gave me some optimism.
Bitcoin (BTC) crossed 67478 at 4:44 PM UTC+7 on June 2nd. It then consolidated around 67410 at 5:20 PM before rising to 68545.9 at 9:33 PM, representing a gain of 1.58%. As of the time I'm writing this update, Bitcoin is already at 68848. This means you would have an unrealized profit of 2.0% if you held a long position that remained open past the closing session at 7:00 AM this morning.
BTC Prediction for 05/20-05/21 (Update)#14
Position (2): 70140. Limit order: Short.
#14. Up: +4.05
#13. Up: +3.79
#12. Up: +4.9%
#11. Up: +4.23%
#10. Up: +4.29%
#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)#18
Position (1): 66644. Limit order: Short.
#18. Drawdown: -2.7%
#17. Drawdown: -1.90%
#16. Drawdown: -0.08%
#15. Drawdown: -4.2%
#14. Drawdown: -3.3%
#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.