BTC Update 06/13/2024, 66920(-4.62%)
Journaling days: 61
BTC printed its lowest 66920 at 08:42/06/12/24
BTC printed its highest 70028 at 22:04/06/12/24.
Journal time: June 12th-June 13th. 7am-7am UTC+7.
The gap from the lowest to the highest is +4.64%. The current session's BTC lowest level is +1.39% compared to yesterday's lowest price.
BTC Prediction for 06/13-06/14
Short target: 70030
Long target: 66918
After calculating all the risks, the projection is valid from 10:30 a.m. 06/13 and expires at 07:00 a.m. 06/14/24 UTC+7.
Bias: Bearish
I would select the short target 70030 if I don’t have any unfinished positions.
However, considering all my unfinished auctions, my next new position is "Short" with a price target of 75000.
BTC Prediction for 06/12-06/13 (Update)#Final
Another surprise. After sudden selling and slightly recovering, I did not expect the bear to return this quickly, pushing BTC under the 69000 range. In this session, Bitcoin opened the short price target 69602 at 20:24, leaving that position with the highest local drawdown at 70028 (-0.6%) (22:04) before closing that short by 01:02 (06/13). At 02:51, Bitcoin stayed under 69k, even printing 67215.2, making an unrealized profit for the "short" bet of 3.42%.
BTC Prediction for 05/20-05/21 (Update)#24
Position (2): 70140. Limit order: Short.
#24. Up: +4.59%
#23. Up: +5.9%
#22. Up: +1.33%
#21. Up: +1.39%
#20. Up: +1.36%
#19. Drawdown:-2.85%, Unrealized profit: +2.47%
#18. Drawdown: -2.19%
#17. Drawdown: -2.4%
#16. Drawdown: -1.41%
#15. Drawdown: -0.33%
#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)#28
Position (1): 66644. Limit order: Short.
#28. Drawdown: -5.0%
#27. Drawdown: -4.24%
#26. Drawdown: -5.09%
#25. Drawdown: -4.62%
#24. Drawdown: -4.26%
#23. Drawdown: -8.25%
#22. Drawdown: -7%
#21. Drawdown: -7.7%
#20. Drawdown: -6.3%
#19. Drawdown: -5.29%
#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.