BullsBytes (@bullsbytes) 's Twitter Profile
BullsBytes

@bullsbytes

Technical Analyst | Trader | Crypto Philosopher | ₿itcoin = Freedom

ID: 1864472726351597568

calendar_today05-12-2024 00:52:08

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$BTC is building higher lows off the $112K level on the 4H chart. The bounce triggered fresh demand. This is controlled upside. No rush, just clean structure forming that fuels the tank at every pit stop. The yellow 20 EMA is now rising toward the red 50 EMA. When the 20

$BTC is building higher lows off the $112K level on the 4H chart.

The bounce triggered fresh demand. This is controlled upside. No rush, just clean structure forming that fuels the tank at every pit stop.

The yellow 20 EMA is now rising toward the red 50 EMA. When the 20
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$BTC was rejected at $117.8K on the 4H chart. Exactly the level I flagged yesterday. That move confirmed short-term resistance, but the bullish structure remains intact. Price is still riding the trendline and holding the higher low formation. More importantly, the yellow 20

$BTC was rejected at $117.8K on the 4H chart. Exactly the level I flagged yesterday.

That move confirmed short-term resistance, but the bullish structure remains intact. Price is still riding the trendline and holding the higher low formation.

More importantly, the yellow 20
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Control is the first illusion in trading. Illusions trap the impatient. The ones who last don’t chase control. They master response. They don’t predict with certainty. They prepare with structure. And when the time comes, they pull the trigger. They don’t hope. They execute.

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Most investors' memoirs will have the same chapter title: ‘I should’ve bought Bitcoin.’ Don’t be that investor. Start stacking sats today. You’re still early, but the clock is ticking.

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Trading is mostly waiting. The market filters traders two ways: the impatient and the bored. The impatient burn capital. The bored grow it.

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In last week’s $BTC update, I flagged $117.8K and $119.5K as key levels on the 4H chart. BTC broke $117.8K, pushed past $119.5K, and while it couldn’t hold above $119.5K yet, bulls stepped in quickly to defend $117.8K with a clean retest of the breakout zone. Price is holding

In last week’s $BTC update, I flagged $117.8K and $119.5K as key levels on the 4H chart. BTC broke $117.8K, pushed past $119.5K, and while it couldn’t hold above $119.5K yet, bulls stepped in quickly to defend $117.8K with a clean retest of the breakout zone.

Price is holding
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Earlier I called $119.5K the gateway to new highs. $BTC reclaimed it, retested it perfectly, and flipped it into support. That confirmation unleashed strong momentum and drove BTC to a new all-time high at $124K. As long as $119.5K holds as support, momentum is on the bulls’

Earlier I called $119.5K the gateway to new highs. $BTC reclaimed it, retested it perfectly, and flipped it into support.

That confirmation unleashed strong momentum and drove BTC to a new all-time high at $124K.

As long as $119.5K holds as support, momentum is on the bulls’