Still holding my short on $BTC …
Will this age well? 👀
$BTC just ripped to an 8-month high near $87,300 and is consolidating around $85,800–$86,500. Momentum is strong after the short squeeze, but I’m watching for signs of exhaustion.
**Future $BTC Trading Outlook**
- Short-term: Bulls remain in control. A clean break above $87,500 could open the path toward $90,000–$92,000.
- Pullback zone: $83,000–$84,000 is key support. A rejection from current levels with declining volume would favor shorts.
- Strategy: Tight risk management is essential. Consider partial profit-taking on any sharp rejection or wait for a clear lower high before adding to shorts.
What’s your bias from here — continuation or reversal?
**Disclaimer:** This is not financial advice. Cryptocurrency trading involves significant risk of loss. Always do your own research and only invest what you can afford to lose.
#BİNANCE
#BTC
#bitcoin
#CryptoTrading
#trading
Will this age well? 👀
$BTC just ripped to an 8-month high near $87,300 and is consolidating around $85,800–$86,500. Momentum is strong after the short squeeze, but I’m watching for signs of exhaustion.
**Future $BTC Trading Outlook**
- Short-term: Bulls remain in control. A clean break above $87,500 could open the path toward $90,000–$92,000.
- Pullback zone: $83,000–$84,000 is key support. A rejection from current levels with declining volume would favor shorts.
- Strategy: Tight risk management is essential. Consider partial profit-taking on any sharp rejection or wait for a clear lower high before adding to shorts.
What’s your bias from here — continuation or reversal?
**Disclaimer:** This is not financial advice. Cryptocurrency trading involves significant risk of loss. Always do your own research and only invest what you can afford to lose.
#BİNANCE
#BTC
#bitcoin
#CryptoTrading
#trading