$BTC Update
We’re currently looking at two potential scenarios for #BTC :
Scenario 1: Bullish Breakout
If BTC breaks above the current trendline and holds, we’ll look to enter a long position, setting our stop loss below $92,600 and risking 1% of capital.
Targets: $97,400 → $99,500 → $102,000
Scenario 2: Bearish Rejection
If BTC fails to hold and breaks below support, we’ll stay on the sidelines and wait for a potential entry around the $87,000 zone.
This is a two-sided setup from an analysis standpoint—but in trading, clarity is key. Let’s wait for the market to show us a clear direction and play the high-probability side.
I’ll post an update once I enter a position. Until then, I’m not in the trade and watching for further confirmation or a potential drop.
As always, do your own research and manage risk appropriately.