BTC MARKET UPDATE – SCYTHESINIO RESEARCH DESK
This is a brief and direct update for our traders.
Bitcoin is preparing for a larger move, but current price action does not offer an ideal entry. We are waiting for a controlled pullback where risk can be managed properly rather than entering during minor upward pushes.
Below is the exact futures plan we are monitoring at Scythesinio:
Futures Entry Zone
• 90,800 – 90,300
DCA Level (light add only)
• 89,900
Target Levels
• Target 1: 91,800
• Target 2: 92,300
• Target 3: 92,800
Stop-Loss
• 89,500 (kept wide to avoid being taken out by volatility spikes)
If Bitcoin does not retrace and instead breaks and sustains above 92,500 on the 15m or 1h timeframe, Scythesinio will consider a lighter breakout long with the following targets:
• 93,300
• 94,200
• 95,500
Key flip level: 91,700
Spot Strategy (for spot traders)
If we receive the pullback, accumulation will take place within:
• 90,800 – 90,300
Spot take-profit levels:
• 92,000
• 93,000
• 94,500
This is the operational plan used by Scythesinio’s internal trading desk. It is not financial advice. All traders should conduct their own analysis, apply disciplined risk management, and protect capital at all times.
~ Scythesinio
Must Visit
#BinanceHODLerAT #BinanceAlphaAlert #bitcoin
This is a brief and direct update for our traders.
Bitcoin is preparing for a larger move, but current price action does not offer an ideal entry. We are waiting for a controlled pullback where risk can be managed properly rather than entering during minor upward pushes.
Below is the exact futures plan we are monitoring at Scythesinio:
Futures Entry Zone
• 90,800 – 90,300
DCA Level (light add only)
• 89,900
Target Levels
• Target 1: 91,800
• Target 2: 92,300
• Target 3: 92,800
Stop-Loss
• 89,500 (kept wide to avoid being taken out by volatility spikes)
If Bitcoin does not retrace and instead breaks and sustains above 92,500 on the 15m or 1h timeframe, Scythesinio will consider a lighter breakout long with the following targets:
• 93,300
• 94,200
• 95,500
Key flip level: 91,700
Spot Strategy (for spot traders)
If we receive the pullback, accumulation will take place within:
• 90,800 – 90,300
Spot take-profit levels:
• 92,000
• 93,000
• 94,500
This is the operational plan used by Scythesinio’s internal trading desk. It is not financial advice. All traders should conduct their own analysis, apply disciplined risk management, and protect capital at all times.
~ Scythesinio
Must Visit
#BinanceHODLerAT #BinanceAlphaAlert #bitcoin