Jaded BTS
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https://x.com/jadedcapital Clutter free thoughts and analysis on Crypto Majors & Alts from Jaded Capital. Disclaimer: Not Financial Advice
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Postlar arxiv
2 484
Another rotation, another jaded squiggle playing out perfectly in the Whop Channel, another jaded post
🔂
https://x.com/JadedCapital/status/2043843831100256652?s=20
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Repost from N/a
/BTC
Jaded levels on points 🤑
There's no excuse not to be capitalizing on these rotations. If you're too busy doomscrolling instead of paying attention youre hurting yourself.
Re Price, last 24:
We had a pretty aggressive rejection at 70K which was the tightened resistance and a big dump ~ 4% again.
I am not looking for longs for the moment, as this area is very LTF choppy and nothing clean with resistance at 70K a bit too close for comfort.
65K looks more attractive as a spot potentially pending how price action develops OR we hold shorts sub 60k.
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Positioning
I am taking some small partials down here on my position from the weekend & my adds from yesterday @ 70k.
Willing to close trade if we breach 70K, otherwise hoping for lower.
I am not interested in any longs at current prices, even if we do rip higher/bounce etc.
2 484
Repost from N/a
/BTC Weekend Update
Around 4% move captured to the downside, if you took the same trade on ETH you would've giga printed.
For now, I've tightened the red box of resistance that you'd want to see held by BTC for continuation lower, otherwise I could see price sweep up into 72K and would watch patiently there for another setup to present (short). Assuming we stay in a range that is, would wait for trigger there.
The range level values are 71.320 // 67 049, taking into account the last ~10 days of value.
TLDR:
- If 70K does not hold price, expecting 72k zone to be area of res.
If we are bullish, we'll breach 72k, get distance above 70 and pullback to offer a trade - which if given could be long contiunation towards 75K but no point talking about things like that.
We see price, we react.
Remember today is still technically a weekend in the US - Public Holiday so likely low volume fuckery as usual on weekend price action coming into NY.
2 484
Repost from N/a
This is the picture I have on BTC.
I am not bullish regarding price right now, I don't think the bounce we had was 'organic' buying but rather just pressure release of hedging going into CPI etc. If we continue grinding up, I will not be chasing long side exposure - only pullbacks.
I have shorted this here a little bit, but I would hope what happens is we dump a bit, then into Monday Asia we come back and hover around here for another proper sized smack in normal trading hours.
Hope you're enjoying the weekend and resting up
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Good stream fellas
This is the whop mentioned in stream
https://whop.com/jaded-traders
Keen to see what NY brings heh
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This is the Hyperliquid Whale (@GarrettBullish) his wallet.
https://hyperdash.com/address/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae
What I referenced on the stream
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