Retail is panic selling, but on-chain data suggests whales are accumulating aggressively at these levels. 🐳 If you zoomed out, you'd see we are simply retesting a major support block. Selling here is giving away your bags to Smart Money. 🧠 My Strategy: I am DCAing into this dip. The risk/reward ratio for a Long position here is arguably the best we've seen this month.
Are you selling in panic or buying the discount? Check the chart: 👇
We are currently testing a critical resistance zone on the 4H timeframe. The market is coiled and ready for a big move. 🌪️ 📉 The Bear Case: Rejection at [$92,500] could send us back down to test liquidity at [$90,000]. 📈 The Bull Case: A clean candle close above this level triggers a massive leg up towards [$98,000].
I’m watching the volume closely here. Don't get caught on the wrong side of this move.
Check the current price action and set your orders below: 👇 $BTC