Bitcoin Is One Close Away From a Signal That Preceded the Last Two Double-Digit Rallies
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Bitcoin is one daily close away from its first 5-day stochastic momentum cross since March β the same signal that appeared before the last two double-digit rallies. One level decides it tonight, and the sell-the-news reaction in Google and Tesla just raised the stakes.
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ABOUT THIS CHANNEL
Eric Krown is a former NYSE ARCA options market maker with 15+ years of exchange floor experience. This channel delivers daily Bitcoin and macro market analysis using a systematic five-layer framework: Trend, Volatility, Structure, Momentum, and Risk β the same methodology used on the trading floor. No hype. Data-driven analysis with proof of trade.
This content is for educational and entertainment purposes only. Not financial advice. Trade at your own risk. Do not trade on any exchange that prohibits trading from your geographical region.
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β± TIMESTAMPS
0:00 β Cold Open: The $64K Line in the Sand
0:23 β Google Beats Earnings and Dumps Anyway β the Sell-the-News Signal
0:44 β Events Ahead: CME Closes Tonight, FOMC Next Week
1:54 β What to Watch: the $64,033 Bitcoin Pivot
2:52 β Bitcoin Price Analysis: Seven Tests of the RevRibbons Pivot
5:03 β 3-Day Hidden Bearish Divergence Risk
5:38 β CME Bullish Divergences + First Stochastic Momentum Cross Since March
6:17 β The 2022 Bottom Parallel
8:37 β Bitcoin 2-Day EMA Setup: Target $68,500
9:56 β Stock Market Today: SPX Ascending Triangle Targets 7,900
12:05 β Free TA 101 Program + Tomorrow: the Options Playbook