$BTC at $81,479 (+2.0%) · $ETH at $2,372 (+2.5%)
There’s one number driving the market today: $81,638.
As long as we’re below the declining average, caution is the name of the game.
First line of defense: $79,844; second: $78,778. Overhead resistance is at $81,638, followed by $82,366.
What would change my mind: a drop below $78,778 and staying there.
If you’re planning to get into Bitcoin, scaling in protects you:
1- First tranche if it returns to $79,442
2- Second at $77,405
3- Third at $75,368
If it closes below $73,331, the plan has failed and you exit. At that point, your loss would be about 5% of the amount, not all of it.
The distance between tranches is 2.5% because that’s Bitcoin’s average daily move over the past 14 days.
Do your own research (DYOR) — this is a risk-management approach, not a recommendation.
Do you agree with this outlook, or do you see something else?
💛 Join Abu Malak’s team: sign up on Binance with code ABOMALAK — get a permanent discount on trading fees, and enjoy our services and offers.
#CryptoNews #العملات_الرقمية #Binance
⚠️ Educational content for informational purposes — not investment advice. You are responsible for your own decisions.
There’s one number driving the market today: $81,638.
As long as we’re below the declining average, caution is the name of the game.
First line of defense: $79,844; second: $78,778. Overhead resistance is at $81,638, followed by $82,366.
What would change my mind: a drop below $78,778 and staying there.
If you’re planning to get into Bitcoin, scaling in protects you:
1- First tranche if it returns to $79,442
2- Second at $77,405
3- Third at $75,368
If it closes below $73,331, the plan has failed and you exit. At that point, your loss would be about 5% of the amount, not all of it.
The distance between tranches is 2.5% because that’s Bitcoin’s average daily move over the past 14 days.
Do your own research (DYOR) — this is a risk-management approach, not a recommendation.
Do you agree with this outlook, or do you see something else?
💛 Join Abu Malak’s team: sign up on Binance with code ABOMALAK — get a permanent discount on trading fees, and enjoy our services and offers.
#CryptoNews #العملات_الرقمية #Binance
⚠️ Educational content for informational purposes — not investment advice. You are responsible for your own decisions.
