BTC Still Has Eyes on 100K If Buyers Defend This Weekly MA 💪
The short and mid-term BTC plan is not dead yet according to the latest weekly update.
🗣 Original view
Vuori Trading says the plan stays intact as long as price action and RSI hold above the 50 EMA, with 100K still the destination.
🔥 Why this still matters
- Price has bounced and is sitting above the key weekly moving average.
- RSI is also above its MA, matching the author's condition.
- The chart allows for some wick lower before higher prices.
- Loss of the MA would change the short-term picture quickly.
🎯 Our trade idea
- Bias: Long only while the weekly hold continues.
- Trigger: RSI and price both stay above their respective MAs.
- Entry: Pullbacks that find support near the MA zone.
- Target: Continuation toward the marked 100K area.
- Invalidation: Clear weekly break and close below the 50 EMA.
- Management: Tighten if RSI starts rolling over.
Is 100K still realistic from here or has the path changed for you? 👇
Drop the level that would flip your BTC bias.
Not investment advice - research on your own! 🚀
$BTC
The short and mid-term BTC plan is not dead yet according to the latest weekly update.
🗣 Original view
Vuori Trading says the plan stays intact as long as price action and RSI hold above the 50 EMA, with 100K still the destination.
🔥 Why this still matters
- Price has bounced and is sitting above the key weekly moving average.
- RSI is also above its MA, matching the author's condition.
- The chart allows for some wick lower before higher prices.
- Loss of the MA would change the short-term picture quickly.
🎯 Our trade idea
- Bias: Long only while the weekly hold continues.
- Trigger: RSI and price both stay above their respective MAs.
- Entry: Pullbacks that find support near the MA zone.
- Target: Continuation toward the marked 100K area.
- Invalidation: Clear weekly break and close below the 50 EMA.
- Management: Tighten if RSI starts rolling over.
Is 100K still realistic from here or has the path changed for you? 👇
Drop the level that would flip your BTC bias.
Not investment advice - research on your own! 🚀
$BTC
