$BTC Stop guessing the direction! 🔥 With the rate hike already in place, the dollar net liquidity is still rising. Today, I only care about this one thing.
9.21 Monday. Last week’s rate hike was delivered—most people are watching that. The logic they’re focused on is: rate hike = bearish. But the dollar net liquidity indicator is still climbing. Ticket prices went up, but the water in the pool is actually higher. This is the same logic as the conclusion I reached from the Fed data in my previous post: what people say doesn’t matter; the water level does.
👉 So today’s setup: range-bound with a slight bullish tilt. But that doesn’t mean chasing longs. At the current price, you’re far from support and close to resistance—there’s no favorable risk-reward in buying up here.
👉 My plan:
• Primary plan: go long. Pull back to 80,100, wait for it to stabilize, then scale in. Take profit at 81,300. If it breaks higher, look to 81,800;
• For a retest of the resistance zone (81,600–82,000), I’ll only take a small short position. Take profit at 80,100. Only if it continues to break down will I consider 78,500;
• 80,900 / 80,400 are observation levels along the way—when it reaches those prices, I’ll look at volume first and won’t act early.
⚠️ The above is only my trading plan and does not constitute investment advice
👇 Are you long or short today? Comment below. I’ll post this weekend’s BTC recap for this week.
#MichaelSaylor暗示增持BTC
9.21 Monday. Last week’s rate hike was delivered—most people are watching that. The logic they’re focused on is: rate hike = bearish. But the dollar net liquidity indicator is still climbing. Ticket prices went up, but the water in the pool is actually higher. This is the same logic as the conclusion I reached from the Fed data in my previous post: what people say doesn’t matter; the water level does.
👉 So today’s setup: range-bound with a slight bullish tilt. But that doesn’t mean chasing longs. At the current price, you’re far from support and close to resistance—there’s no favorable risk-reward in buying up here.
👉 My plan:
• Primary plan: go long. Pull back to 80,100, wait for it to stabilize, then scale in. Take profit at 81,300. If it breaks higher, look to 81,800;
• For a retest of the resistance zone (81,600–82,000), I’ll only take a small short position. Take profit at 80,100. Only if it continues to break down will I consider 78,500;
• 80,900 / 80,400 are observation levels along the way—when it reaches those prices, I’ll look at volume first and won’t act early.
⚠️ The above is only my trading plan and does not constitute investment advice
👇 Are you long or short today? Comment below. I’ll post this weekend’s BTC recap for this week.
#MichaelSaylor暗示增持BTC
