$BTC
🚨 BTC TRADE SETUP
BTC just went through a massive squeeze, with $1B+ in shorts liquidated in roughly an hour after pushing above $69K.
Right now, I’m NOT chasing the move. Major resistance sits around $70.5K–$71.7K.
🎯 Preferred setup: LONG the pullback
Entry: $68,800–$69,100
SL: $68,250
TP1: $70,400
TP2: $71,500
TP3: $72,300
🔥 Breakout alternative
Only long if a 15m candle closes above $70,450 and the level holds on retest.
Entry: $70,500–$70,650
SL: $69,750
TP1: $71,500
TP2: $72,300
TP3: $73,500
⚠️ Bearish invalidation
If $68,400 breaks decisively and the retest fails, the long thesis is invalid.
Short: $68,250–$68,400
SL: $69,050
TPs: $67K → $66K → $64,950
At ~$69,450: NO MARKET ENTRY.
Don’t short just because RSI is overbought. In a squeeze, overbought can stay overbought.
If I had to choose one trade: LONG $68.8K–$69.1K on a pullback.
Small leverage. Let the stop determine your position size—not the other way around.
NFA. 📊
🚨 BTC TRADE SETUP
BTC just went through a massive squeeze, with $1B+ in shorts liquidated in roughly an hour after pushing above $69K.
Right now, I’m NOT chasing the move. Major resistance sits around $70.5K–$71.7K.
🎯 Preferred setup: LONG the pullback
Entry: $68,800–$69,100
SL: $68,250
TP1: $70,400
TP2: $71,500
TP3: $72,300
🔥 Breakout alternative
Only long if a 15m candle closes above $70,450 and the level holds on retest.
Entry: $70,500–$70,650
SL: $69,750
TP1: $71,500
TP2: $72,300
TP3: $73,500
⚠️ Bearish invalidation
If $68,400 breaks decisively and the retest fails, the long thesis is invalid.
Short: $68,250–$68,400
SL: $69,050
TPs: $67K → $66K → $64,950
At ~$69,450: NO MARKET ENTRY.
Don’t short just because RSI is overbought. In a squeeze, overbought can stay overbought.
If I had to choose one trade: LONG $68.8K–$69.1K on a pullback.
Small leverage. Let the stop determine your position size—not the other way around.
NFA. 📊