Daily and Weekly Insights for Bitcoin Trading

I was chatting with a guy on X recently, and he’s been posting some solid trading analysis for Bitcoin. I’ll keep this thread updated with his charts so we can all benefit.

Cool analysis I found on X, but honestly, a lot of us here don't use that platform. It would be great if you could share those images directly in this thread.

Here’s the image: A bunch of folks are on X since it’s a crypto hotspot.

Appreciate the update, my friend.

Yeah totally, his analysis is top-notch. He’s made some awesome calls on coins like $ZEC, $INJ, and $ZEN.

I’ve been following his calls and made some nice profits, so thought it would be good to share here. This forum is where many of us got started in crypto, so why not share some of the talent I’ve found on X?

These types of analyses are fun to look at, but remember they’re not investment advice. It’s all about using them for your own technical analysis.

X is packed with traders and crypto news. It’s a great place for updates, but a lot of it is just for show to rack up followers. Don’t take everything too seriously, but hey, if you made money, that’s a win.

Exactly, I’ve noticed that too. Gotta be careful how much trust you put in what traders say. 1. They might just want more followers. 2. Engagement is key for them. We can’t rely on every analysis since the market can turn on a dime.

I totally agree, you should check his pinned post and skim through his other posts. You’ll see what I mean.

You’re spot on, all that info can be useful.

Just saw his latest BTC update and it's wild. He said something like: ‘$BTC imagine panic selling because of a $87k dip...’ Bears are gonna have a rough time soon.

Technical analysis is all about patterns, and they tend to repeat over time. From the chart I see, I can spot a pattern that’s different from what you found.

Even with all the charts, the best advice right now is to limit trades to 1-2% of your capital daily. The market is pretty volatile this January, and we’ve seen some big drops. Using a stop-loss at 85k could save you from crashes.

If you’re gonna follow signals online, only risk what you can afford to lose. Also, it’s good to learn to trade yourself. Even the best traders can mess up.

You’re absolutely right. I spend a lot of time on X too. It’s just another crypto discussion place but with a different vibe. I hadn’t heard of this user before but I’ll check him out after posting. But remember, many of these analysts have poor win rates.

So based on the analysis, are we saying the bottom is around $80k? That’s not bad if that’s the lowest we see. Last year, it dipped below that, so if this is the floor, we could be gearing up for a nice bounce.

Giving advice to new traders is great, but some won’t listen. Those with solid strategies won’t care about your advice since they have their own ways to profit.

This is a solid idea! It could help a lot of traders. But how do we know this guy’s analysis is trustworthy? We need to look at his past calls and win rates before we follow him.

Besides entertainment, these analyses can be a learning tool. They help us understand different perspectives, but the accuracy isn’t always reliable.