Market Idea – Not Financial Advice
Is buying $BTC at 99,865 #USDT a good entry?
Yes, it can be — if done carefully. Why it could work:
#BTC is in an uptrend (above the 50 EMA).
- 99,865 is near strong support (99k–100k zone).
- Good chance of a bounce toward 102k–105k.
- Favorable risk/reward if stop-loss is set below 99k.
Risks:
If BTC drops below 99k, it could fall further (to 96k or 93k). Don’t buy if the price is falling fast — wait for a signal.
Two strategies:
1. Direct Buy:
-Buy: 99,865
-Stop-loss: 98,900
-Targets: 102,000 / 105,000
2. Safer Buy:
-Wait for a bullish candle (e.g., hammer) on the 15-min chart.
- Confirm with RSI above 50 and rising volume.