$BTC is $77,604 and everyone is waiting for permission to act.
I've refreshed this chart all evening. Finnhub just now: up 0.76%, inside $76,389–$77,893. Fear & Greed reads 26, down from 37 yesterday (KuCoin, 00:00 UTC). US spot ETFs lost $398.6M Monday, IBIT alone $405.3M, its biggest exit since June — yet price refused to follow the flows down. That split makes me lean long — only lean.
Bias: LEANING LONG. Entry $76,400–$77,600. Targets $77,893, $78,500, $79,710. Stop $76,300. Half at target one, a quarter at each next one, stop to entry after the first, size light.
If $76,389 holds, the bounce has room. A daily close below it opens $75,597 and proves this wrong. Main risk: another outflow day plus election volatility, Nov 4 implied volatility near 43.5%.
Bounce at $77,604, or wait for $76,389 to prove itself?
Not financial advice. DYOR.
#BTC #TradingPsychology #Bitcoin
I've refreshed this chart all evening. Finnhub just now: up 0.76%, inside $76,389–$77,893. Fear & Greed reads 26, down from 37 yesterday (KuCoin, 00:00 UTC). US spot ETFs lost $398.6M Monday, IBIT alone $405.3M, its biggest exit since June — yet price refused to follow the flows down. That split makes me lean long — only lean.
Bias: LEANING LONG. Entry $76,400–$77,600. Targets $77,893, $78,500, $79,710. Stop $76,300. Half at target one, a quarter at each next one, stop to entry after the first, size light.
If $76,389 holds, the bounce has room. A daily close below it opens $75,597 and proves this wrong. Main risk: another outflow day plus election volatility, Nov 4 implied volatility near 43.5%.
Bounce at $77,604, or wait for $76,389 to prove itself?
Not financial advice. DYOR.
#BTC #TradingPsychology #Bitcoin
