Price has moved in the right direction after the entry zone, so the priority now is to protect capital before looking toward the TP levels below.
🛡️ I’ve moved the SL to 83.8K, so the position is no longer at risk of a loss. The rest will continue according to plan, targeting: 🎯 TP1: 81K 🎯 TP2: 77K
From here, there’s no need to react too much to small fluctuations — just let the plan play out and watch how price responds at the target zones.
💬 Do you think BTC has enough momentum to head straight to 81K, or will there be a bounce before it continues?
⚠️ This is a personal position update, not investment advice. #BTC
Nhật Ký Trading
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Bearish
📅 Trading plan $BTC for this week
BTC has reached the 84K zone—the short entry area in this week’s plan. The setup has now been triggered, so the priority from here is managing the position rather than looking for a new entry.
🔻 Short entry: 84K 🛑 Stop loss: 85K 🎯 Take profit 1: 81K 🎯 Take profit 2: 77K
If the price moves above 85K, the short scenario is invalidated. Until the take-profit levels are reached, I’ll stick to the plan rather than letting short-term volatility influence my decisions.
💬 What do you think—will the 84K zone act as strong enough resistance to send BTC back to 81K, or will the price break above 85K first?
⚠️ This is my personal trading plan, not investment advice.
I’m leaning toward the possibility that the weekly uptrend has run its course. The next step could be a correction, but that doesn’t necessarily mean a sharp drop tomorrow.
🕰️ The scenario I’m expecting is more of a sideway-down move: prices correct while also taking time to absorb selling pressure and cool off market euphoria.
Looking back at 2023, after BTC broke out and confirmed the trend, it didn’t move straight up in one go either. Instead, it pulled back to retest the trendline over roughly 1–2 months. That sideways stretch was quite uncomfortable, but it was necessary to validate the uptrend structure.
📍 On the current weekly chart, the 20-week MA is a level I’m paying particular attention to. If BTC returns to retest this area and reacts positively, it could be a good spot to watch for a chance to join the “second leg.”
Of course, we should wait for the price’s actual reaction rather than rush to guess the bottom. What do you think—will BTC correct quickly, or will it need a longer sideway-down phase before a new trend emerges? #BTC #bitcoin