Bismillahirrahmanirrahim

Is this the same pattern? double top pattern. We have to monitor the $101600 level, plus the current world situation is heating up due to war. If it is broken, BTC could head to $100k or even worse to the $98-95k area.

There is one more thing to note, namely the fear and greed index which is still in a neutral state and is heading towards bearish. This is enough for us to never dare to enter the market. Love our money, take a break and be patient waiting for a clear position point.

If we enter in this condition, there are 2 possibilities the price will go up, or continue to decline. The point is this if we look at the bitcoin fear and greed index, I usually enter long when the BTC fear and greed index is in the range of 20 and below (I start to do buy entry by averaging) and I will enter short when the BTC fear and greed index is in the range of 80 to 90 and above.

So it is very clear why I will not do anything (open new positions) at this time. It is very risky because the fear and greed index has not given me a signal yet.

Here I still have a short BTC position that I opened at around $107,700 until now. I will maximize it with a TP target at around $98,000.

wish me luck. Aamiin 🙏

and good luck for you guys.

#ScalpingStrategy #USNationalDebt #MyTradingStyle #BTC #ProfitPotential