Bitcoin Hits $90K: Time to Pause, Not Panic (And When to Actually Buy)

Let’s skip the hype. Bitcoin’s surge has the crowd excited, but diving in now could be like charging blind into a trap.

1. Wait for a Weekly Close Above $95K — No Exceptions

What You Need: A strong, decisive weekly candle closing above $95K. No long wicks, no close calls—just a clean breakout.

Why It Counts: That’s the sign of real institutional backing, not just retail FOMO. It’s the market confirming it’s ready to move higher.

2. Look for a Break-and-Retest on the Daily

Watch for: A break above the $91K–$95K resistance zone, followed by a retest that holds. Think of it as Bitcoin validating its breakout.

Why It Matters: If it holds and bounces, it turns resistance into support—a launchpad. If it fails, you saved yourself from a trap.

Don’t Ignore the Bigger Picture

Chart patterns don’t tell the whole story. Right now:

Sentiment Check: Euphoria’s hitting extremes. Spikes in “buy Bitcoin” searches are a red flag—not a buy signal.

Liquidity Pressure: The $95K zone is filled with sell orders from 2021 bag holders. It’ll take serious buying power to break through.

Macro Threats: Fed decisions, ETF flows, and global tensions could flip the trend in a flash.

Why I’m Sitting in Cash—for Now

I’m not bearish on Bitcoin—I’m just playing it smart. Until I see the two confirmations above, I’m staying sidelined. Here’s what I’m avoiding:

Fake Breakouts: A pump to $95K followed by a sharp drop (just ask anyone who bought the 2021 top).

Leverage Wipeouts: Overleveraged longs could get wrecked if resistance holds.

Your Game Plan

1. Pause the Buy Button: Skip the dip buys until $95K is confirmed.

2. Use Alerts, Not Orders: Track the weekly close and the retest. Let Bitcoin prove itself.

3. Keep Your Capital Ready: When it confirms, you’re good to go.

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