$BTC I’m going long here, entering around 79,970.

At first, I also thought it would keep falling.
But the price action over the past few days has changed my mind:

1️⃣ The daily chart is still trending down, but the selling is losing steam and the pace has clearly slowed
2️⃣ Every time the price gets pushed down, the lower wick is quickly bought back up—there are clearly buyers stepping in below
3️⃣ The 79,200 level has been tested repeatedly without breaking, and signs of accumulation at the bottom are becoming clearer

My take: Once accumulation is over, a rebound is likely to come first.

My plan:
Entry: Around 79,970
Stop-loss: If it breaks below 79,200, I’ll admit I’m wrong and exit

Risk: If it breaks decisively below 79,200, that means buyers can’t hold the level below. This trade would be wrong, and I won’t ride it down.

Do you think BTC is genuinely being accumulated this time, or is this just a pause before another leg down? Share your thoughts in the comments 👇
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I’ve entered based on this plan. This is not investment advice. DYOR.