Two short-term paths for $BTC into the midterms:
1️⃣ Derisk now → establish a low before the event
2️⃣ Rally into midterms → derisk after
Key level: 80K. Bulls need to hold it. Break below opens 76K–78K, which I'm not favoring. My preferred scenario: rally from the 90Ks, then correct back into low 80s post-midterms.
I'm still holding a full-size long from 76K. If we dip sub-80K, I'm adding spot and increasing longs, targeting 95K+. For the bullish scenario to play out, we need a bounce soon — break the range, make a new high, then classic post-midterm pullback.
If 80K fails, I'm not stopping out. I'm sizing up for the long game. The chart dictates the trade, the trade funds the plan.
1️⃣ Derisk now → establish a low before the event
2️⃣ Rally into midterms → derisk after
Key level: 80K. Bulls need to hold it. Break below opens 76K–78K, which I'm not favoring. My preferred scenario: rally from the 90Ks, then correct back into low 80s post-midterms.
I'm still holding a full-size long from 76K. If we dip sub-80K, I'm adding spot and increasing longs, targeting 95K+. For the bullish scenario to play out, we need a bounce soon — break the range, make a new high, then classic post-midterm pullback.
If 80K fails, I'm not stopping out. I'm sizing up for the long game. The chart dictates the trade, the trade funds the plan.