$BTC pushed into $87,500 after a 12,000-point run off the $75,500 base. The move cleared out overhead liquidity, and buyers are now taking profits.
Chasing green candles up here at $85,300 is poor risk-reward. The clean risk-defined setup is waiting for price to test the 4H shelf between $83,800 and $84,200, or a deeper wick into the prior range high at $82,000.
- Entry: Bid $83,800 to $84,200 (Add if it wicks to $82,200)
- Target 1: $87,500
- Target 2: $90,000
- Hard Stop: 4H close below $81,500
If price drops and closes below $81,500 on the 4H, the breakout structure is broken and you close the trade immediately. Do not baghold back down into the old range.
Chasing green candles up here at $85,300 is poor risk-reward. The clean risk-defined setup is waiting for price to test the 4H shelf between $83,800 and $84,200, or a deeper wick into the prior range high at $82,000.
- Entry: Bid $83,800 to $84,200 (Add if it wicks to $82,200)
- Target 1: $87,500
- Target 2: $90,000
- Hard Stop: 4H close below $81,500
If price drops and closes below $81,500 on the 4H, the breakout structure is broken and you close the trade immediately. Do not baghold back down into the old range.
