#BTC $BTC
Bitcoin, as I wrote yesterday, has continued its upward move.
⚠️ Remember: in my view, this is still just a correction and a fill of the price inefficiency on the weekly timeframe — not a reversal of the global trend.
📊 I’ve marked a significant local support zone on the chart.
From this zone, we could potentially see another move toward 82,500–82,700. In my view, if it happens, this could be the final bullish impulse.
But I’m not entering LONG positions anymore, even intraday. The current risk/reward ratio is simply not attractive enough for me.
🎯 Therefore, I’m waiting for the price to move below the green zone. Right now, Bitcoin is bouncing from this area.
Once the zone is broken, I’ll start looking for a SHORT entry.
⚠️ Not financial advice — these are simply my thoughts and market analysis.
Manage your risk, stay disciplined, and may success follow you both in your trades and in life. 🙏📈
Bitcoin, as I wrote yesterday, has continued its upward move.
⚠️ Remember: in my view, this is still just a correction and a fill of the price inefficiency on the weekly timeframe — not a reversal of the global trend.
📊 I’ve marked a significant local support zone on the chart.
From this zone, we could potentially see another move toward 82,500–82,700. In my view, if it happens, this could be the final bullish impulse.
But I’m not entering LONG positions anymore, even intraday. The current risk/reward ratio is simply not attractive enough for me.
🎯 Therefore, I’m waiting for the price to move below the green zone. Right now, Bitcoin is bouncing from this area.
Once the zone is broken, I’ll start looking for a SHORT entry.
⚠️ Not financial advice — these are simply my thoughts and market analysis.
Manage your risk, stay disciplined, and may success follow you both in your trades and in life. 🙏📈
