$BTC SUPPLY SHOCK INCOMING – BULLISH PRESSURE BUILDING 🚀🔥
ETF holdings (📘) surging while exchange reserves (🟠) plunge – classic signs of an upcoming supply squeeze!
The fundamentals align with a strong bullish bias ahead.
📉 Support Zones:
🔹 $65,000
🔹 $59,000
🔹 $52,000 (Strong Demand)
📈 Resistance Zones:
🔹 $73,000
🔹 $84,000
🔹 $100,000+ (Psychological Level)
💰 Current Price: ~$67,000 (Estimate from visual)
📥 Trade Setup – LONG
🔸 Entry: $66,000 – $68,000
🎯 TP1: $73,000
🎯 TP2: $84,000
🎯 TP3: $100,000
🛡 SL: $59,500
📊 Risk Management:
Stick to 1-2% capital risk per position. Re-enter on dips near support. Momentum driven by ETF flows = don’t fight the trend! 💪
When demand spikes & supply vanishes... prices EXPLODE! ⚡📈 #Bitcoin #BTC #ETF #SupplyShock #Write2Earn! $BTC