Everyone on my feed is panicking about that $6.3B Binance hack but look what BTC is doing.
Live Binance: $BTC $77,850.2 +0.17% | H $78,285 L $77,515.3 | Vol $653.74M most active
We saw $4.72B withdrawals after Binance reopened and $643M ETF outflows in one day. I honestly thought we would lose $77K. But we didn't. We opened at $77,716 held $77,515 low and pushed to $78,285 high on $653M volume. That tells me buyers are not gone.
For me $77,515 is the floor. We defended it twice today. Lose it with 1H close and $76,400 hack low opens. Hold it and $78,285 is first wall then $79,148. Break $78,285 with volume and $79,148 to $80K opens quick.
I am not chasing middle. I am waiting for 1H close above $78,285 to go long toward $79,148 stop below $77,515. If we break $77,515 I step aside. Risk 1 to 2 percent only.
You think $77,515 holds or we sweep $76,400 again?
Tap $BTC to trade this fear bounce
#BinanceWithdrawalScamWarning #BinanceRestores28FiatWithdrawals #USOctoberNFP-AreRateCutsStillPossible #Verify1to1BinanceReserves #BTC
Live Binance: $BTC $77,850.2 +0.17% | H $78,285 L $77,515.3 | Vol $653.74M most active
We saw $4.72B withdrawals after Binance reopened and $643M ETF outflows in one day. I honestly thought we would lose $77K. But we didn't. We opened at $77,716 held $77,515 low and pushed to $78,285 high on $653M volume. That tells me buyers are not gone.
For me $77,515 is the floor. We defended it twice today. Lose it with 1H close and $76,400 hack low opens. Hold it and $78,285 is first wall then $79,148. Break $78,285 with volume and $79,148 to $80K opens quick.
I am not chasing middle. I am waiting for 1H close above $78,285 to go long toward $79,148 stop below $77,515. If we break $77,515 I step aside. Risk 1 to 2 percent only.
You think $77,515 holds or we sweep $76,400 again?
Tap $BTC to trade this fear bounce
#BinanceWithdrawalScamWarning #BinanceRestores28FiatWithdrawals #USOctoberNFP-AreRateCutsStillPossible #Verify1to1BinanceReserves #BTC
