Bitcoin is waking up once again... and i have already opened a LONG on $BTC đ
After falling towards $79,700, Bitcoin is finally showing some buying pressure again... now back above $82,400.
I entered LONG around $81,635.
đŻ TP1: $83,500
đŻ TP2: $84,500
đŻ TP3: $86,500
đŽ SL: $80,500
But you know what?? There is something more interesting happening behind this recovery.
US Spot Bitcoin ETFs just recorded $526.7 MILLION in net inflows on October 19... their strongest day in almost a month.
And Michael Saylor's Strategy bought another 267 BTC worth $22.1M, bringing its holdings to 848,517 BTC.
Institutions are buying... while retail traders are still confused about the next move đ
But i am not calling a full bullish reversal yet.
$83,500 is the first resistance i am watching... if buyers reclaim this level and hold, then $84,500â$86,500 becomes much more interesting.
And remember guys... don't let one GREEN candle turn into blind FOMO.
I am already positioned with my SL. Now let the market do its job.
Is the wait for $BTC $90K finally coming to an end?
I have also opened a Long on $NEAR too, let's see where market will head today.
What do you think buddies?
After falling towards $79,700, Bitcoin is finally showing some buying pressure again... now back above $82,400.
I entered LONG around $81,635.
đŻ TP1: $83,500
đŻ TP2: $84,500
đŻ TP3: $86,500
đŽ SL: $80,500
But you know what?? There is something more interesting happening behind this recovery.
US Spot Bitcoin ETFs just recorded $526.7 MILLION in net inflows on October 19... their strongest day in almost a month.
And Michael Saylor's Strategy bought another 267 BTC worth $22.1M, bringing its holdings to 848,517 BTC.
Institutions are buying... while retail traders are still confused about the next move đ
But i am not calling a full bullish reversal yet.
$83,500 is the first resistance i am watching... if buyers reclaim this level and hold, then $84,500â$86,500 becomes much more interesting.
And remember guys... don't let one GREEN candle turn into blind FOMO.
I am already positioned with my SL. Now let the market do its job.
Is the wait for $BTC $90K finally coming to an end?
I have also opened a Long on $NEAR too, let's see where market will head today.
What do you think buddies?