🚀 $BTC - LONG 📈
Bitcoin has pulled back into a strong support zone, and I’m expecting a reaction to the upside from here. I’ve started building a long position. 🔥
📍 Entry:
• $60,000 – $57,500
🎯 Targets:
• $62,000
• $63,900
• $65,150
🛑 Stop-loss:
• $55,699
As long as support holds, I expect buyers to step back in and push BTC toward our targets. The risk-to-reward setup looks attractive here, so I’m staying patient and holding the long. 👀
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$BTC back at 59K 🚨
While everyone was celebrating above 60.8K, we stayed calm.
Yesterday I said that Bitcoin could sweep the liquidity above 60,800, trigger FOMO longs, and then reverse hard.
That's exactly what happened.
More than $700M got liquidated in just a few hours, and BTC dropped nearly 2,000 points from our short entry. 📉🔥
TP1 ✅
TP2 ✅
This is why patience beats emotions.
Most traders chased the breakout.
Smart money waited for the trap.
Huge congratulations to everyone who ...
Everyone is still waiting for that big bounce.
That's exactly what has me concerned.
$BTC isn't showing much strength right now. Price keeps getting rejected below the $60.6K area, buyers are struggling to take control, and every small bounce gets sold into.
The weekend is just getting started, and low liquidity can lead to sharp moves when traders least expect them.
Right now, the chart is starting to hint at a possible move toward the $55K-$50K zone. I'm not saying it happens tomorrow, but...