BTC Update 07/13/2024, 56499(-0.9%)
Journaling days: 91
BTC printed its lowest 56500.1 at 08:26/07/12/24
BTC printed its highest 58500 at 01:45/07/13/24.
Journal time: July 12th-July 13th. 7am-7am UTC+7.
The gap from the lowest to the highest is +3.53%. The current session's BTC lowest level is -0.92% compared to yesterday's lowest price.
BTC Prediction for 07/13-07/14
Short target: 58510/ SL: 59096/ TP: 57631
Long target: 56476/ 2nd:53651 / TP:58736 (4%)
After calculating all the risks, the projection is valid from 13:00 UTC+7, 07/13 and expires at 07:00 a.m. 07/14/24 UTC+7.
Bias: Bullish
I would select the long target (56476) if I had to choose one of the options above. However, since I already have some positions active, I would skip the predictions above.
BTC Prediction for 07/12-07/13 (No trade)
BTC Prediction for 07/11-07/12 (Update)#1
Stat: Long target: 57115/ 2nd Post: 54258/ TP: 58829
#1. Drawdown: -1.07%, Unrealized profit: +2.42%
The long target was opened at 08:14 on July 12th.
BTC Prediction for 07/04-07/05 (Update)#9
#9. Unrealized profit: +4.16
#8. Unrealized profit: +6.4%
#7. Unrealized profit: +5.85%
#6. Unrealized profit: +3.79%
#5. Drawdown: -3.41%/ Up: +3.63%
#3. Drawdown: -0.28%/ Unrealized profit: +3.95%
Stat: Long Opened (Avg: 56160/Tp: 60482/Or +7.69%):
57601 (15:40/July 4th)
54719 (11:17/July 5th)
Bitcoin crossed the long target (57601) at 15:40 July 4th (UTC+7) and, as anticipated, continued to open the second long position (54719) at 11:17 July 5th. I set these 2 trades with TP: 60482
The plan is to buy more Bitcoin when the market is panic selling.
In the current session, BTC is at its monthly low trading level, and I believe it is the best time to stack more Bitcoin. In case more selling pressure occurs, I set another long position targeting (3rd position at 50651.)