Justin Wolfers Re-poster

$BTC Urgent UPDATE 🚨 BTC has broken the strong $76K support after the new Federal Chair officially took office, and the market is now pricing in more fear, more uncertainty, and more pressure on risk assets. My next major downside area is around $72K. Entry zone: $75,200– $75,900 stop loss: $77,350 Targets: TP1: $74,300 TP2: $73,500 TP3: $72,800 TP4: $72,000 The bounce we are seeing right now does not look like a clean reversal yet. It looks more like a false bounce into resistance before the next leg down. To Manage Risk,after TP1, move SL to breakeven. After TP2, start trailing stop loss slowly so the trade becomes risk-free. Trade carefully. The next stop can be $72K. Click here and short 👇 $BTC #BitcoinBreaksBelow75KAsWarshTakesFedHelm #FenwickWestSettlesFTXFor54M #ARMABillIntroducedWith20YrLockup BitcoinETFsShed$1.26BInSixDays#SuiGaslessStablecoinTransfers #ECBOpposesEuroStablecoinExpansion