๐จ How Funny Is This? We're Waiting for $BTC Dump... While Big Money Keeps Buying ๐ฅ
Guys literally I'm slightly bullish on BTC today. I know many of you are waiting for $80K, but honestly I don't think another hard dump is that easy right now ๐ Don't laugh, just understand the data first.
BTC already moved from $82.9K to $83.9K today, so part of the macro relief is already priced in. But derivatives are still interesting. OI is near $7.9B, funding is negative at -0.00024%, and shorts remain heavy. Futures CVD is negative, yet price is holding. Liquidation liquidity is stacked around $84.2K-$85K, while strong downside liquidity sits near $82.2K. Orderbook delta is weak, but BTC hasn't lost support.
Spot flow is mixed: 1H net flow around -134 BTC, 1D around -1,605 BTC, while 4H large flow remains positive. Volume profile shows strong support around $83.4K-$83.5K and VWAP near $83.9K.
Now the macro part is interesting. NY Fed President John Williams said there is "no need for urgency" on another rate move, giving markets some breathing room. Yields and DXY pressure also eased today.
But despite the hawkish FOMC shock, bond pressure, DXY pressure, oil uncertainty and war headlines, BTC ETF flows have stayed positive on almost every day except the FOMC day.
So what are bigger buyers seeing?
Maybe they know something we don't.
Maybe they believe BTC has built a strong base.
Or maybe they simply see this zone as cheap for long-term holding.
I can't prove which one, but the flow is interesting while everyone expects another dump.
Configuration
Current Entry: $83.8K-$84K
Recommended Entry: $82.9K-$83.3K
TP1: $84.5K
TP2: $85K
TP3: $86.2K
SL: $82.5K
Guys confirmation is important. At the entry zone, wait for 1H reclaim, but better watch the 1H candle after the US market opens. If BTC holds after a pullback, I like the setup more. If it can't reclaim VWAP and selling increases, don't force the long. Wait deeper.
My take: slightly bullish, but let BTC prove it. $QNT $MOVR
Guys literally I'm slightly bullish on BTC today. I know many of you are waiting for $80K, but honestly I don't think another hard dump is that easy right now ๐ Don't laugh, just understand the data first.
BTC already moved from $82.9K to $83.9K today, so part of the macro relief is already priced in. But derivatives are still interesting. OI is near $7.9B, funding is negative at -0.00024%, and shorts remain heavy. Futures CVD is negative, yet price is holding. Liquidation liquidity is stacked around $84.2K-$85K, while strong downside liquidity sits near $82.2K. Orderbook delta is weak, but BTC hasn't lost support.
Spot flow is mixed: 1H net flow around -134 BTC, 1D around -1,605 BTC, while 4H large flow remains positive. Volume profile shows strong support around $83.4K-$83.5K and VWAP near $83.9K.
Now the macro part is interesting. NY Fed President John Williams said there is "no need for urgency" on another rate move, giving markets some breathing room. Yields and DXY pressure also eased today.
But despite the hawkish FOMC shock, bond pressure, DXY pressure, oil uncertainty and war headlines, BTC ETF flows have stayed positive on almost every day except the FOMC day.
So what are bigger buyers seeing?
Maybe they know something we don't.
Maybe they believe BTC has built a strong base.
Or maybe they simply see this zone as cheap for long-term holding.
I can't prove which one, but the flow is interesting while everyone expects another dump.
Configuration
Current Entry: $83.8K-$84K
Recommended Entry: $82.9K-$83.3K
TP1: $84.5K
TP2: $85K
TP3: $86.2K
SL: $82.5K
Guys confirmation is important. At the entry zone, wait for 1H reclaim, but better watch the 1H candle after the US market opens. If BTC holds after a pullback, I like the setup more. If it can't reclaim VWAP and selling increases, don't force the long. Wait deeper.
My take: slightly bullish, but let BTC prove it. $QNT $MOVR
