BTCUSDC Outlook – Standby Mode Until Confirmation
BTC is currently forming a wedge on the 4H timeframe, typically a bullish continuation structure. However, now is NOT the time to enter. Patience is key — wait for price confirmation.
📌 First Plan (Possibility 1):
If price clearly breaks out to the upside, wait for a pullback
Drop to the 1H or 15min chart
Plan a long entry after price pulls back and forms a supportive structure and Stoploss below that pull back structure a little bit.
📌 Second Plan (Possibility 2):
If price breaks below the support line and forms a new low, do NOT panic sell
Switch to the 15min timeframe — it will likely appear as a downtrend. Wait for the first bullish impulse that may signal a potential reversal.
Enter only after price action confirms a shift from bearish to bullish trend (with green impulse) and Stoploss below that green impulse a little bit.
⛔ Conclusion: This is not an entry zone yet. Wait for clarity and confirmation from lower timeframes before taking action.
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