🚨 $BTC
ETFs keep soaking up inflows, yet $BTC is still stuck at 81K. I think this is a trap, not a breakout. 👇
We broke it down in detail on this morning’s FAM Trading live. 3 key takeaways:
1️⃣ The D1 trend is still bearish. H4 broke out of the wedge, but there’s no confirmation yet.
2️⃣ There’s a lot of liquidity sitting around 82K. I expect price could sweep up there, then get slammed back down before the Fed decision.
3️⃣ BTC.D is recovering, so alts will keep struggling.
📍 My plan:
• Already long: take partial profits near 82K and move SL to breakeven
• No position: stay on the sidelines, only enter on a D1 close above 81.5–82K
When am I wrong? If D1 closes firmly above 82K. Then I’ll own it and change the plan.
🗳️ Your call: where does BTC go before the Fed, a break above 82K or back to 79K? Drop it in the comments and I’ll score everyone’s calls tonight.
Not financial advice.
$BTC $ETH #FOMC #BTC #FAMTrading
ETFs keep soaking up inflows, yet $BTC is still stuck at 81K. I think this is a trap, not a breakout. 👇
We broke it down in detail on this morning’s FAM Trading live. 3 key takeaways:
1️⃣ The D1 trend is still bearish. H4 broke out of the wedge, but there’s no confirmation yet.
2️⃣ There’s a lot of liquidity sitting around 82K. I expect price could sweep up there, then get slammed back down before the Fed decision.
3️⃣ BTC.D is recovering, so alts will keep struggling.
📍 My plan:
• Already long: take partial profits near 82K and move SL to breakeven
• No position: stay on the sidelines, only enter on a D1 close above 81.5–82K
When am I wrong? If D1 closes firmly above 82K. Then I’ll own it and change the plan.
🗳️ Your call: where does BTC go before the Fed, a break above 82K or back to 79K? Drop it in the comments and I’ll score everyone’s calls tonight.
Not financial advice.
$BTC $ETH #FOMC #BTC #FAMTrading
