$BTC is trading near 86,000, roughly 11% above the weekly 50 SMA (77,198).
The popular bearish roadmap pointed to a 40-50k cycle bottom in Sep-Oct. Price is now far from that zone, but the week is still open, and a reclaim is not a confirmed retest.
Two scenarios worth mapping:
Weekly closes above the 50 SMA and holds on a pullback: structure improves.
Price slips back under it: this was another relief rally.
Strategy over prediction. Verify first. Risk later. Scale slowly.
#BTC #Bitcoin #RiskManagement
The popular bearish roadmap pointed to a 40-50k cycle bottom in Sep-Oct. Price is now far from that zone, but the week is still open, and a reclaim is not a confirmed retest.
Two scenarios worth mapping:
Weekly closes above the 50 SMA and holds on a pullback: structure improves.
Price slips back under it: this was another relief rally.
Strategy over prediction. Verify first. Risk later. Scale slowly.
#BTC #Bitcoin #RiskManagement