·
8 hours
Bullish
$
Bitcoin has rebounded from around 80,000 to 82,900, and many people are starting to chase the rally again.
But in my view, what matters most now isn’t a breakout—it’s the next pullback.
📊 From a Chan Theory structure perspective:
🔹 After the 4-hour decline, a potential second buy point has emerged. Price has moved back above the previous 30-minute central zone, and the bullish structure is recovering.
🔹 The 30-minute uptrend has already formed a swing, and MACD momentum has strengthened noticeably. But the risk-reward ratio for chasing higher in the short term isn’t ideal.
🔹 Next, the key is to wait for confirmation of a 30-minute second or third buy point and assess whether this rebound can gain further momentum.
🎯 Follow-up trading plan:
🟢 Direction: Look for long opportunities on a pullback
📍 Area to watch: 82300–82500
🎯 First target: 82940
🎯 Second target: 84160
🛑 Structural invalidation level: 81747
My view: BTC bulls have the short-term edge, but rising prices don’t mean you should blindly chase longs.
If the pullback holds above key structural support and forms a lower-timeframe buy signal, I’ll continue watching for an opportunity to push toward 84160.
Conversely, if price falls back into the consolidation zone and breaks below key support, this bullish outlook will need to be reassessed.
The most important thing in trading isn’t getting the direction right—it’s finding a worthwhile entry point.
Follow me for ongoing advance trading plans for BTC, gold, and U.S. stocks.
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