$BTC pumped to $85,280 at midday, now cooling to $84,755 - healthy retrace, not a dump
- *Technical:* RSI at 65.7 - bullish but not overbought yet (70 is danger). EMA 9 > EMA 50 on all timeframes = strong uptrend intact
- *On-chain:* 81% of supply (16.3M BTC) hasn't moved in 6 months - long-term holders accumulating, not selling
*Trade Idea:*
Above $84k hold = scalp long to $85.5k
Below $83.7k = wait, could dip to $83k
Want me to make a 3rd one with support/resistance levels marked for your trading?
$BTC
#StrategyStriveAdd2305BitcoinThisWeek #TrumpRejectsIranHormuzReopening #PolymarketBankFailureBetsDrawFDICConcern #CircleMints500MUSDCOnSolana #SECSaysTokenBuybacksNotAutoSecurities
- *Technical:* RSI at 65.7 - bullish but not overbought yet (70 is danger). EMA 9 > EMA 50 on all timeframes = strong uptrend intact
- *On-chain:* 81% of supply (16.3M BTC) hasn't moved in 6 months - long-term holders accumulating, not selling
*Trade Idea:*
Above $84k hold = scalp long to $85.5k
Below $83.7k = wait, could dip to $83k
Want me to make a 3rd one with support/resistance levels marked for your trading?
$BTC
#StrategyStriveAdd2305BitcoinThisWeek #TrumpRejectsIranHormuzReopening #PolymarketBankFailureBetsDrawFDICConcern #CircleMints500MUSDCOnSolana #SECSaysTokenBuybacksNotAutoSecurities
