๐จ $BTC Golden Bounce โ Is This the Start? ๐จ
While the market was deep in red, Bitcoin just gave us a masterclass in precision. ๐โก๏ธ๐
Zooming out to the daily timeframe, $BTC dipped perfectly into a key confluence zone:
๐น Previous All-Time High: $111,961
๐น 0.618 Fib Level
๐น 50 EMA Daily Support
Thatโs a triple-layer of strong support - a level smart money and institutions were clearly watching. And guess what? We bounced hard from there. This bounce was not luck - it was technicals playing out with textbook precision.
๐ This move could either:
1. Be a recovery leg for further upside,
2. Or the start of a fresh bullish continuation.
Either way, there was money to be made if you were prepared.
I shared this setup in advance for BTC and some altcoins - now we wait. ๐โโ๏ธ
Patience and discipline are key. Set your traps, avoid FOMO, and stick to your plan.
๐ Now on the 1H timeframe: BTC formed a V-shape recovery after sweeping the local low. We're seeing early signs of reversal - but got rejected at the 50 EMA. Here's how I see it:
Scenario 1: Break above 50 EMA โ Retest โ Entry โ Run toward $115K
Scenario 2: Another dip to sweep lows โ Create W-pattern โ Then pump ๐
Either scenario = golden opportunity to buy or add.
I was one of the few saying: Dips arenโt the end - theyโre the chance. Trade with strategy, not emotion. Stay sharp. ๐ง ๐
โก๏ธ buy and trade here on $BTC