The log and analysis of #Bitcoin is playing out just as we predicted! The market validated our order flow reading combined with confluence of indicators, and the absorption at $60,000 worked perfectly, driving the price up nearly 9% from the low. 🎯
⚡Confirmation of Divergence: The current bounce is no coincidence; it was anticipated by the bullish divergence on the 4H chart that we identified at this macro support and structural relative low. Those who check the original post will see that the entry was projected in real-time before the move.
Key Pivot Zone $BTC ($63,000): The price is now consolidating in a critical zone: $63,000. This level represents the POC (Point of Control) of the Volume Profile from the last two significant moves. As long as the price stays above this wall, buyers retain control.
Next Target: If the $63,000 zone is successfully defended, the projection remains solid towards our next liquidity magnet at around $70,000.
The Play / Execution Strategy: With a return of almost 8% on board, professional management dictates securing partial profits and protecting capital. I'm keeping the rest of the position active with a price action Stop Loss. If the POC at $63k acts as a floor, the path is clear to $70k. 🛡️
Did you secure partials with me on this bounce or are you still waiting for $70,000 without taking profits? You can see the initial analysis in the pinned post. 👇
#Bitcoin #Trading #TechnicalAnalysi #TradingSignals #DYOR
⚡Confirmation of Divergence: The current bounce is no coincidence; it was anticipated by the bullish divergence on the 4H chart that we identified at this macro support and structural relative low. Those who check the original post will see that the entry was projected in real-time before the move.
Key Pivot Zone $BTC ($63,000): The price is now consolidating in a critical zone: $63,000. This level represents the POC (Point of Control) of the Volume Profile from the last two significant moves. As long as the price stays above this wall, buyers retain control.
Next Target: If the $63,000 zone is successfully defended, the projection remains solid towards our next liquidity magnet at around $70,000.
The Play / Execution Strategy: With a return of almost 8% on board, professional management dictates securing partial profits and protecting capital. I'm keeping the rest of the position active with a price action Stop Loss. If the POC at $63k acts as a floor, the path is clear to $70k. 🛡️
Did you secure partials with me on this bounce or are you still waiting for $70,000 without taking profits? You can see the initial analysis in the pinned post. 👇
#Bitcoin #Trading #TechnicalAnalysi #TradingSignals #DYOR
