$BTC: First Bounce incoming? Eyeing mid 80ks

28 Şub

I decided to go long on BTC below 80k.

There's a lot of confluence in that zone. Could it go lower? Of course. I think 75-76k would be a more optimal entry, but as long as I can grab some below 80k, I believe the chances of a bounce are higher than expecting sub-70k levels...

I could be completely wrong, and this could just be part of the normal path toward 71k, but I like my odds here.

At least, I plan to take some profits around the mid-80ks.

I’m mostly waiting to see how the market reacts post-Q1, especially after March 20th, before jumping back in big (just high caps)

2 Mar

İşlem aktif

Taking some off on BITCOIN here. Firts retest after the breakdown, should be rejected. IF NOT, then we all go back to adding more risk.

Bottom seems likely but I still think we range for two weeks...

3 Mar

Not

I want to see the price hold above this level. It still hasn't managed to break the current market structure, so if it can hold above the 85-87k range and then aim for 97k, that will create the break in market structure needed to lean into bullish momentum.

3 Mar

Not

Erased the move by now.

It either holds this zone above 85k or goes back to new lows around 76k.

6 Mar

İşlem elle kapatılmış

Not sure if that was the bottom—it sure doesn’t look like it for now. I’d rather exit completely and wait for fresh opportunities **either above 92K-$94K or much lower. BTC

14 Mar

Not

Great reaction off the initial **$76K-$78K** entry zone. Should have stuck with the original analysis and kept bidding that area.

For now, I see another push into 88K before a retrace—I'll decide my next move from there.