The Plan: Buy Bitcoin (BTC) Now
1. Buy Around: ~109,800 (The price it is right now).
2. Protect Yourself (Stop-Loss): Set a safety net at 109,300. If the price drops to or below this, sell automatically to limit your loss. This is just below a recent low point where buyers stepped in before.
3. Profit Targets (Where to Sell):
Target 1 (TP1): 110,300 Sell a small part of your position here to lock in some profit.
Target 2 (TP2): 110,650 Sell another part here for more profit.
Target 3 (TP3): 111,100 Sell the remaining part here for the biggest potential gain.
4. Why It Might Work? Bitcoin has been stuck just below the 110,000 price level. If it manages to break above this convincingly, it could start moving up faster.
5. Type of Trade: Futures (Betting on the future price). Use LOW leverage (Don't borrow too much money to place this bet - it's risky!).
6. Smart Tip: After you hit your first profit target (TP1):
*Move your Stop-Loss UP** closer to your entry price or even slightly above it. This locks in your profit so you can't lose money on the trade anymore.
*Take some profit off the table** (like you do at TP1 & TP2). Don't wait for the highest target with your whole position.
In Simple Steps:
1. Buy BTC near 109,800.
2. Set a safety sell at 109,300 (in case it drops).
3. Plan to sell in parts at 110,300, then 110,650, then 111,100.
4. IF Bitcoin breaks above 110,000 strongly, it could run higher.
5. After you make your first profit (at 110,300), move your safety net (stop-loss) higher to protect your gains, and keep taking profits at the next levels.
Remember: Trading is risky, especially with futures and leverage. Only risk money you can afford to lose. This is just one person's idea, not guaranteed advice.
#NFPWatch #BTCReclaims110K #BTCReclaims110K
