$BTC Most people will still make the mistake of waiting for the perfect retest.
After the explosive breakout above the highs of the bottoming range, price has entered a re-accumulation phase.
Back in 2022, BTC followed a very similar pattern, which eventually led to a small manipulation below the range lows before the next larger move to the upside.
This is what I’m currently positioned for. Instead of waiting for the perfect retest of the previous range highs and a retracement into the Golden Pocket of this breakout move, I’ll start buying once price trades into the low-$70K region.
I’ve mentioned this area multiple times in the past, and it remains my main area of interest for further spot exposure.
I’d rather begin positioning myself in that area than risk missing the move entirely while waiting for the perfect entry. #BTC Price Analysis# #Macro Insights# #BNBChain#
After the explosive breakout above the highs of the bottoming range, price has entered a re-accumulation phase.
Back in 2022, BTC followed a very similar pattern, which eventually led to a small manipulation below the range lows before the next larger move to the upside.
This is what I’m currently positioned for. Instead of waiting for the perfect retest of the previous range highs and a retracement into the Golden Pocket of this breakout move, I’ll start buying once price trades into the low-$70K region.
I’ve mentioned this area multiple times in the past, and it remains my main area of interest for further spot exposure.
I’d rather begin positioning myself in that area than risk missing the move entirely while waiting for the perfect entry. #BTC Price Analysis# #Macro Insights# #BNBChain#
