🐳🐳 James Wyn closed part of his BTC position at a loss, bo | Bullish Mind on Binance Square

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🐳🐳 James Wyn closed part of his BTC position at a loss, booking a $5 million loss and currently $4 million in unrealized losses.

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This image illustrates two SELL MODEL entry strategies in trading, both based on price action and supply zone concepts. Here's a breakdown of each model: --- 🔴 SELL MODEL – AGGRESSIVE ENTRY (Top Chart) BOS (Break of Structure): Price breaks a previous low, indicating a potential bearish move. Supply Zone: This is where sellers are likely to step in again. Aggressive Entry: Enter a sell position immediately upon price returning to the supply zone, without waiting for further confirmation. Pros: Earlier entry = better risk-to-reward. Captures most of the move. Cons: Higher risk due to lack of confirmation. --- 🔴 SELL MODEL – CONFIRMATION ENTRY (Bottom Chart) BOS: Initial sign of weakness (bearish). Supply Zone: Same as above — where selling pressure is expected. CHoCH (Change of Character): A minor bullish trend is broken after price revisits the supply zone. This confirms sellers are in control again. Entry occurs after CHoCH. Pros: Higher probability due to confirmation of bearish control. Safer entry. Cons: Later entry = slightly lower risk-to-reward ratio. --- 🔁 Summary: Aggressive Entry: Fast, riskier, better R:R. Confirmation Entry (CHoCH-based): Slower, safer, more conservative.

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JUST IN : 🇷🇺 Bank of Russia to let financial firms offer Crypto-Tied derivatives and digital assets to qualified investors but without direct crypto payouts.

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VIP MARKET UPDATE: $BTC BTC is currently consolidating within a symmetrical triangle on the hourly timeframe. All EMAs are acting as dynamic resistance. A breakdown and retest of the triangle confirms a potential move downward toward the lower marked order blocks. However, a breakout above the EMAs and the triangle would suggest a bullish move toward the all-time high resistance level.

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JUST IN : 💰 Smarter Web Company, a British listed company, increased its holdings by 24.53 $BTC, bringing its total holdings to 83.24 BTC.

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NEW : 🇵🇰 Pakistan government launches bitcoin reserve at the #Bitcoin event.

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