WHAT'S NEXT FOR $BTC ?
RE-ACCUMULATION PHASE IN PROGRESS!
TRADING SETUPS PLUS RISK MANAGEMENT STRATEGY HERE!
š Trading Setups
1. Watch for Sign of Strength (SOS) Breakout
⢠A daily close above $100k with rising volume will confirm the SOS phase and likely signal a transition into markup .
⢠Target Zone: First resistance sits between $105kā$110k, then extends to $120k+ and potentially as high as $125k in the short-term ramp-up phase ļæ¼.
2. Retest Entry Setup
⢠After breakout, a pullback toward the $95kā$100k range top (former resistance) may offer a low-risk Last Point of Support (LPS) retest entry, with stop-loss just below $95k.
3. Invalidation Alert
⢠A daily close below $95k, especially under $92kā$94k, would threaten the reāaccumulation structure and suggest distribution or potential markdown
šÆ Price Projections and Alternative Scenarios
SOS confirmed Move towards $105kā110k, then $120kā125k ļæ¼
Extended Upside plus Potential rally to $146k+ following Wyckoff flag breakout
Failed SOS Drop to $94kā92k, possibly testing LPS support again
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ā” OnāChain & Volume Signals
⢠Exchange reserves have been steadily declining, indicating strong accumulation by holders .
⢠MVRV of ~1.97 suggests moderate overvaluation but remains typical during reāaccumulation ļæ¼.
⢠Volume structure confirms typical Wyckoff behavior: stronger volume on advances, softer on pullbacks, consistent with absorption .
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š RealāTime Trade Setup
Entry Options
⢠Breakout entry: Buy on daily close above $100k with increased volume.
⢠Retest entry: Buy on bounce near $95kā$100k range if supported.
StopāLoss
⢠For breakout entries: just below $95k.
⢠For retest entries: below $94k.
Targets
⢠First target: $105kā110k
⢠Second target: $120kā125k
⢠Bull extension: $146k+ if momentum flows strong
Risk Management
⢠Avoid chasing during false breakout. Confirm volume on breakout and wait for pullback before scaling up.