BTC Update | Next FPLP Level 🔓 We've seen a nice move upward for Bitcoin! Thought I'd reward all you werewolves for last night's hard work during the pump moon. 🌕 Here's the next FPLP Profit Taking level: 🎯 $120,388.80 - $123,620.31

BTC Update | We're Eyeing Bear Market Entries. Thought I’d share an update, as it’s been a while. POWER OF A STRATEGY The exciting thing about following a strategy is that your emotions don’t come into play. It’s as straightforward as 1 + 1 = 2. At the $120,388.80 - $123,620.31 FPLP level, we took profits on our spot bags, leaving only 29% exposed to the market until further confirmation of a trend reversal. LOGIC OF THE RIBBONS When one ribbon breaks, we assume price will visit the next ribbon. When a ribbon is tested three times in a trending market, as visible in the quoted post, we assume price will break and visit the next ribbon, in line with simple Elliott Wave theory. So, since the break of the Mid Market Accumulation Ribbon (MMAR), we were eyeing on the break of the Bull Bear Market Ribbon (BBMR). And since the recent break of the Bull Bear Market Ribbon (BBMR), we’ve been eyeing the Bear Market Accumulation Ribbon (BMAR). APPROACH This is the perfect time to sit on your fiat, enjoy the money you’ve made, and maybe leave the charts alone for a while and work on some other projects. Exactly what I’ve been doing for the past few months. This doesn’t mean we haven’t been trading at all, but we’re not scaling into any longer term spot or leveraged positions. We’re waiting for the right conditions to be met, otherwise you'll get rekt. Correct: Like the impatient. We’re not eyeing bull market targets right now: we’re eyeing bear market entries. Does this mean it will happen in the next few weeks or months, and that it will go straight down to these levels? Maybe, maybe not. But who cares? Correct: Only the impatient. KEY LEVELS TO WATCH These are the zones we’re keeping an eye on, zones I posted back in July. This is where we will be accumulating, and where we have positioned our orders: Zone 1: $68776 - $74,508 (Updated Lower End) Zone 2: $42,580 - $49,000 BMAR Range: $49,200 - $70,000 TOTAL MC (Lower End): 1.58T - 1.69T REMEMBER So called "influencers" will always buy and shill at the top. Bitcoin has already dropped 36% from their “non-financial advice”, currently sitting at -31%. Stay safe people! 🙌

Exactly 4 months ago, we took our first round of profits at the $120,388.80 - $123,620.31 FPLP level. Today, Bitcoin is down 23.5% 🔽 from that zone and arrived back at the Bull Bear Market Ribbon (BBMR). It acted as support twice during this run-up. Third time’s the charm? 🤷‍♂️

BTC Update | Taking Profit We've seen Bitcoin continue its move into the next FPLP level, highlighted in the previous post! We've taken profit here on our spot bags. 👏 What's next? There's increased volume at the highs of the range, within the FPLP level. We're not trading against the trend here, but we are keeping an eye out for potential reversal signs as we're at resistance. 👍

JUST IN: 🇺🇦 Crypto investor and influencer Konstantin Galish found dead in Lamborghini amid historic market crash.

BTC Update | It Keeps On Giving After the previous 9.71% 🔼 move up from the MMAR bottom, Bitcoin made another 8.31% 🔼 move up from the ribbon. Why buy tops if you can buy bottoms? 🙏

Secure it or Regret it A while back, I shared a video of a chart I've traded a lot this year: INSP | Inspect. It’s currently up 1200% 🔼 from the bottom, 800% 🔼 in 30 days and today it hit our target. I usually don't post about altcoins. But, as expected, checking X sentiment, it's full of bullish screenshots at resistance and posts about higher targets. 🤷‍♂️ Few say the most important thing no one wants to hear: TAKE PROFIT! So... Reward yourself, TAKE PROFIT! 🙏

BTC Update | Breakout & Next Zone Quick update. As mentioned in previous posts: "As long as Bitcoin is above the MMAR, we're looking for higher prices", relating to re-entries from the MMAR. "As long as it's staying within the MMAR and GP Ribbons, we're trading this zone until direction is decided", related to our trading. Meanwhile Bitcoin has broken out of the GP Ribbons with increased volume, and after a retest, we are now witnessing a continuation. Currently, Bitcoin is at resistance. However, the low volume at the top of the range suggests we may see a move toward the next level. This is where we are taking profits on our re-entries from the MMAR. Zone to watch: 🔴 $119,531 - $120,950

BTC Update | MMAR So far we've seen a 6.5% 🔼 move up from our entry at the bottom of the MMAR. As mentioned, "it is support and we will treat it as such." If a system works, it's not for the system to prove itself, but the user to prove its worth. 🙌