$BTC TRADING PLAN
(Current price: $89,914 – Daily timeframe)
Entry Zone: $86,800 – $87,800
(Confluence: Daily demand zone + bounce off lower Bollinger Band + SAR parabolic flip expected + oversold RSI on higher timeframes)
Target 1: $92,000
(First supply zone + previous daily high liquidity)
Target 2: $94,600
(Major psychological level + 1.618 Fib extension of the correction)
Target 3: $98,000 – $100,000
(Monthly resistance + all-time high retest + massive unfilled liquidity above)
Stop-Loss: $84,800
(Below the structural daily low + invalidation of the entire bullish structure)
Risk-Reward: 1:4+ (conservative)
Position sizing: Max 2–3% risk per trade
Trade Thesis:
After a sharp 23%+ correction from $109k, BTC is showing strong signs of reversal at the daily demand zone with increasing volume on green candles. The correction looks complete in 3 waves (ABC). Expecting strong impulsive move back toward $100k+ as market makers hunt the massive buy-side liquidity above the all-time high.
Disclaimer: This is not financial advice. Always do your own research and trade responsibly. The market can remain irrational longer than you can stay solvent.
#Bitcoin #BTC #Crypto #BitcoinBullRun #100KIncoming
