June 12, 2026

Bitcoin: Close Longs

Bitcoin: Close Longs

Bitcoin: Close Longs

Bitcoin: Close Longs

Bitcoin all time history index INDEX:BTCUSD
zerocashcool


Bitcoin: Close Longs

I closed my position last night as I was observing a bearish divergence. What I didn’t see before is that 1Y and 6M Pivots P was hit and price is struggling beneath this point. Repeat, the 1 Year and 6 Months Pivots center line was hit and we’re getting bearish divergence with reversal candlesticks . The 16D chart is the key to Bitcoin right now and the market is in long mode, NOT SHORT MODE. The first chart below is where and why I exited last night and the charts following are higher time frames showing the potential change in market dynamics.


snapshot


snapshot


snapshot


snapshot


snapshot
Previous Article

BTCUSDT 1D shot-term forecast

Next Article

BTC Onchain indicators: Btc needs another large negative netflow

You might be interested in …

MIR - Wave Analysis

MIR – Wave Analysis

MIR – Wave Analysis MIR / TetherUS BINANCE:MIRUSDT Googlesaur This is the current wave count I am predicting for MIR to continue it’s downtrend.