Oh wow, $BTC just pushed 80,000 close to “hot” and the Fed chair made a hawkish-leaning statement, and we’re back around 79,000 again
Warsh said that the current improvement in inflation still isn’t enough, and the financial conditions are not really tight either. The market immediately recalculated the rate-hike expectations. BTC surged above 81,000 during the day and then started giving it back; SOL and XRP also weakened along with it.
Now 78,500 is the most critical.
If the 15-minute candle closes back above 79,300, then when it pulls back to 79,100—79,300 and holds again, you can stay in longer. Stop-loss: 78,600. Take-profit: 79,900 / 80,500.
If a 15-minute close breaks below 78,500, then on the rebound to 78,700—79,900 if it can’t break through, short. Stop-loss: 79,400. Take-profit: 77,800 / 77,200.
Only run the first setup that gets triggered. Take partial profit at the first target—cut down to half position. Move the stop-loss for the remaining position to your entry price. Risk per trade must not exceed 1% of the principal.
This is only a personal trading plan and does not constitute investment advice.
Warsh said that the current improvement in inflation still isn’t enough, and the financial conditions are not really tight either. The market immediately recalculated the rate-hike expectations. BTC surged above 81,000 during the day and then started giving it back; SOL and XRP also weakened along with it.
Now 78,500 is the most critical.
If the 15-minute candle closes back above 79,300, then when it pulls back to 79,100—79,300 and holds again, you can stay in longer. Stop-loss: 78,600. Take-profit: 79,900 / 80,500.
If a 15-minute close breaks below 78,500, then on the rebound to 78,700—79,900 if it can’t break through, short. Stop-loss: 79,400. Take-profit: 77,800 / 77,200.
Only run the first setup that gets triggered. Take partial profit at the first target—cut down to half position. Move the stop-loss for the remaining position to your entry price. Risk per trade must not exceed 1% of the principal.
This is only a personal trading plan and does not constitute investment advice.
