What if this unexpected $BTC dump was actually the last shakeout before a massive recovery? 🚨
I know $BTC is looking bearish right now, and honestly, I'm already sitting in a loss on my Buy position. But I'm still holding because my bigger expectation hasn't changed.
Look at the chart. Bitcoin dropped aggressively toward $73,265, but buyers stepped in and pushed it back above $74,000. To me, that looks like a possible liquidity sweep designed to shake out buyers before the next move.
And here's what makes this interesting.
It's Monday, the beginning of a new trading week. I'm expecting some serious volatility, and I believe the $74,000–$74,600 area could become an important buying zone.
If $BTC revisits this zone and shows buyers stepping in again, I'm planning to DCA into my existing LONG position.
Why am I still bullish? Because I think this panic selling could be temporary, and if BTC starts recovering above $75,000, short sellers could come under pressure, helping push price toward $77,000.
Of course, if BTC loses this support zone, the downside risk increases, so I'm watching it carefully.
I'm still holding my BTC LONG, even in a loss. My target remains $77,000.
I believe we could see a strong recovery this week.
Let's see if the bulls surprise everyone.
I know $BTC is looking bearish right now, and honestly, I'm already sitting in a loss on my Buy position. But I'm still holding because my bigger expectation hasn't changed.
Look at the chart. Bitcoin dropped aggressively toward $73,265, but buyers stepped in and pushed it back above $74,000. To me, that looks like a possible liquidity sweep designed to shake out buyers before the next move.
And here's what makes this interesting.
It's Monday, the beginning of a new trading week. I'm expecting some serious volatility, and I believe the $74,000–$74,600 area could become an important buying zone.
If $BTC revisits this zone and shows buyers stepping in again, I'm planning to DCA into my existing LONG position.
Why am I still bullish? Because I think this panic selling could be temporary, and if BTC starts recovering above $75,000, short sellers could come under pressure, helping push price toward $77,000.
Of course, if BTC loses this support zone, the downside risk increases, so I'm watching it carefully.
I'm still holding my BTC LONG, even in a loss. My target remains $77,000.
I believe we could see a strong recovery this week.
Let's see if the bulls surprise everyone.
