🔥 $BTC Update
So far, there's been no clear signal of a reversal or continuation—but we’re at a point where taking a calculated risk is on the table. I’ll post a weekly chart breakdown tomorrow.
The crypto world is unpredictable—full of surprises and occasional miracles.
📌 Based on current analysis, BTC doesn’t appear to be topping out just yet, so a trend break seems unlikely. Still, the setup is tempting for a short, even though the opportunity isn’t fully ripe.
Two possible scenarios are forming:
Scenario 1: BTC dips around 1,000 points to roughly 104,500, bounces back toward 107,000, and continues upward to hit 110,000.
Scenario 2: BTC makes a liquidity sweep in the next 24–48 hours—spikes up to 106,600 before plunging to the 99,800–101,400 range like we saw recently.
🔹 Personally, I’m leaning toward Scenario 2. My short entry will cover about 3% of my position size, split into three levels: current levels (105.4–105.5), 106.100, and 106.600. Ideally, I’d like to get filled between 106.1–106.3, but I’m also open to partial fills as prices move.
🔸 My stop-loss is set at 107.500, about a 1,300-point buffer. Profit targets are staged at 104.500, 103.200, and possibly down to 101.400. Make sure your stop-loss is in place—this is not a casual trade.
This setup carries high risk and isn’t meant for most traders. If you don’t have a clear strategy, it’s better to observe. But for those on the same page, feel free to ride along—this one’s a bit of a wild card.