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Bitcoin to 80$k ?

@bl0ckchain.bulllh0rn

3.1K followers · usually 913 views a post

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Why it worked

The video likely performed well due to its direct and concise analysis of Bitcoin's price action, using clear visual aids (the green channel) to explain a trading concept. The speaker's confident tone and focus on actionable insights, even without a specific price target, would resonate with traders looking for practical advice.

Summary

The video discusses Bitcoin market analysis, focusing on price structure rather than specific numbers. The speaker explains that they look for support on a medium line within a channel, and the next level is the upper green line, which could be between 68,000 and 70,000. They emphasize that the exact number is less important than the structure itself for making trading decisions.

Structure

1Introduction of Bitcoin price question
2Focus on structure over specific numbers
3Identifying support on the medium line
4Defining the next resistance level
5Explaining trading decision-making based on structure
6Recap of past trades and asking for understanding

On-screen text

Bitcoin to 80$k ? WE DO NOT CARE ABOUT A SPECIFIC NUMBER. ABOUT THE STRUCTURE. AND THE STRUCTURE TELLS ME THAT WE'RE FINDING SUPPORT ON THIS MEDIUM LINE HERE, THE NEXT LEVEL IS THIS GREEN LINE. I DON'T KNOW DON'T GIVE A NUMBER. I ONLY CARE THE STRUCTURE, WHICH IS THE GREEN LINE. IT CAN HIT IT ANYWHERE ON HERE, BETWEEN 68 ALL THE WAY UP TO 70,000. I DON'T CARE WHERE. I JUST NEED TO SEE IT HIT THERE. MAKE A DECISION ON WHERE I WANT TO ACTUALLY START SHOOTING. DID HERE.. JUST LIKE I SHORTED HERE, LIKE I WENT LONG HERE, AND I WENT LONG HERE. DOES EVERYBODY UNDERSTAND? IT IS NOT A SPECIFIC NUMBER.