On the 4H chart, price remains inside a trading range with no confirmed breakout. On the 15m chart, the RSI is around 56, suggesting momentum is beginning to improve without showing overextended conditions.
The entry sits close to a support area, which allows for clearly defined risk. If buyers hold this level and push above resistance, the upside toward the target zones becomes more compelling. If support fails, the stop loss defines the exit and the setup is invalidated.
I'm leaning bullish because the potential reward appears to justify the risk, not because I expect the trade to succeed. The market will decide whether the idea is right.
How are you approaching it? Would you enter near the current support zone, or wait for a confirmed move above 19.01?
👇 Share your chart or reasoning—I'd like to compare different perspectives.
Everyone in my class laughed when they saw I bought LAB. 😭 They think I made a mistake… but what if they're the ones who'll regret it? 👀 I still believe $LAB can reclaim $3+ if momentum returns. 🚀 I'm also accumulating $ESPORTS and $AKE .
The next $BTC move could surprise a lot of traders.
I've been caught by the first green candle before. The bounce looked convincing, sentiment shifted almost overnight, and I convinced myself the correction was over. By the following day, most of that optimism had disappeared with the price.
That experience changed how I read the market. Whenever I see confident calls that "the bottom is in," I remind myself that opinions can change much faster than trends.
The levels I'm watching are $63K, $60K, and $56K. They're not predictions. They're the areas where I want to see whether buyers can hold the move or whether sellers regain control.
Waiting isn't the most exciting strategy, and it means I'll occasionally miss the first part of a rally. I'm comfortable with that. I've found that missing an early entry is usually easier to recover from than managing a trade that was opened too soon.
I don't know where Bitcoin goes next, and I'm not trying to pretend otherwise. I'd rather follow a process that has improved my decisions than make a prediction I can't support. $BTC