🚨 Bitcoin (
$BTC ) — “Hold the Line or Brace for the Breach?”
📉
$BTC has slipped below $100,000, testing major support after its rally to ~$125K in October.
📌 Key support zone: $94,000 – $98,000 — a breach could open a slide toward ~$70K.
🔍 Macro & sentiment headwinds:
Fed rate-cut odds have plunged — reducing risk-asset appetite.
Bitcoin is lagging gold, which may lead before crypto gets its bid.
💡 But long-term view: Some analysts (like JPMorgan) believe BTC may now be undervalued vs gold, hinting at upside potential.
🎯 Trader’s Game Plan
When to Trade (Enter): Wait for a breakout above $105–108K with increased volume if sentiment improves.
When to Hold: If BTC reclaims and stays above ~$100K and shows on-chain strength (whale accumulation, exchange outflows).
When to Sell/Take Profits: If BTC loses the $94–98K zone decisively — risk opens for a sharp drop.
Stop-Loss Idea: Consider setting a stop just below ~$94,000 support to manage risk.
💡 Note: The market is volatile; this is about probabilities not certainties. Use proper risk sizing and don’t be over-leveraged
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