$BTC — The market is waiting for a real breakout
$BTC — $85K$, once again…
Bitcoin is coming back to work a zone that I find important.
After trading above $85K$, the price returned toward $83–84K$. For now, I’d rather not chase the candles and wait for the market to provide confirmation.
The zone I’m watching:
Entry: $83,000 – $83,500
SL: $82,450
TP1: $84,500
TP2: $85,200
TP3: $87,000
Leverage: 2x–3x max
If BTC reclaims $85K$ with volume, the situation could become interesting. Conversely, a net loss of $82.45K would invalidate this scenario.
ETF flows are also something to keep an eye on: US spot Bitcoin ETFs recorded about 66.2 M$ d in net inflows on September 29.
I’d rather wait for confirmation than force an entry.
Futures = high risk. Risk management is essential.
$BTC — $85K$, once again…
Bitcoin is coming back to work a zone that I find important.
After trading above $85K$, the price returned toward $83–84K$. For now, I’d rather not chase the candles and wait for the market to provide confirmation.
The zone I’m watching:
Entry: $83,000 – $83,500
SL: $82,450
TP1: $84,500
TP2: $85,200
TP3: $87,000
Leverage: 2x–3x max
If BTC reclaims $85K$ with volume, the situation could become interesting. Conversely, a net loss of $82.45K would invalidate this scenario.
ETF flows are also something to keep an eye on: US spot Bitcoin ETFs recorded about 66.2 M$ d in net inflows on September 29.
I’d rather wait for confirmation than force an entry.
Futures = high risk. Risk management is essential.
