Alright, so here's the vibe on $BTC right now — if you're looking to get interested, this zone is where things get spicy.
Why? There's a massive pile of short liquidity just sitting there, waiting to get swept. And on the long side? Only one clean level staring everyone in the face. Classic setup.
With midterms happening today, markets could get jumpy. My play? I'm bidding below $76,500 and below $75,000 as aggressively as I can. That's where I want to be positioned.
I'm not really expecting this drawdown to keep grinding lower. Honestly, I'm leaning into the old 'Sell the rumor, Buy the News' thesis here. It's not a guarantee, obviously — nothing ever is — but that's the angle I'm working with.
So yeah, if you're thinking about getting in, this is the kind of zone where things could flip fast. Just my two sats.
Why? There's a massive pile of short liquidity just sitting there, waiting to get swept. And on the long side? Only one clean level staring everyone in the face. Classic setup.
With midterms happening today, markets could get jumpy. My play? I'm bidding below $76,500 and below $75,000 as aggressively as I can. That's where I want to be positioned.
I'm not really expecting this drawdown to keep grinding lower. Honestly, I'm leaning into the old 'Sell the rumor, Buy the News' thesis here. It's not a guarantee, obviously — nothing ever is — but that's the angle I'm working with.
So yeah, if you're thinking about getting in, this is the kind of zone where things could flip fast. Just my two sats.
