$BTC has chosen to move down instead of as expected in my plan, however, the price holding box area for Long reacted quite well to the price, the price has broken through this area and returned to retest and then continued to drop to 86000 (acting as a flip box in my plan).
🎁 With the current structure, I expect BTC has completed the bottom. Currently, the key price holding area for Long is at 86600-87050, if this area holds, it will gradually move up in a compression style. The nearest price target is 91000.
🎁 With the option structure expiring at the end of this month, the possibility is that the price will end within the range of 88000-92000, so long positions can be exited at 92000 and there will be a buy point below for you.
🎁 The nearest Long liquidation at 86650. With this liquidation, there is a scenario where the price will move quite quickly if it occurs, that is, the price tests the Key holding area, there will be a candle on M15 that wicks through this Key area, at this time the price will move quite quickly. If this event occurs, do not hesitate to Long and set SL below the candle.
🎁 The buy zones I have noted on the image:
• Early buy zone: 87550-87900 (POC VP area, the price is likely to test again before increasing).
• Buy zone according to VP structure: 87200-87500 (the lower edge of the VP, the price will test one more time if the VP structure is not fully seen)
• Price holding area for Long: 86600-87050.