This article is for educational purposes only and is not financial advice.
Bitcoin is currently trading under heavy selling pressure, with price remaining below key moving averages on the daily timeframe. While many traders are trying to predict the exact bottom, history shows that consistently profitable traders focus on confirmation and risk management rather than guessing.
Current Market Structure
BTC is trading below the 7-day, 25-day, and 99-day EMAs, indicating that the short-term trend remains bearish. Momentum indicators also suggest that sellers are still in control. Although oversold conditions can trigger sharp relief rallies, entering without confirmation carries significant risk.
Long Trade Strategy
Entry Zone 1 (Aggressive)
$68,800 – $69,500
Suitable for traders willing to accept higher risk in exchange for a better reward-to-risk ratio.
Entry Zone 2 (Conservative)
$72,300 – $72,800
Wait for BTC to reclaim key resistance and show signs of trend recovery.
Profit Targets
Target 1
$72,000 – $73,000
First resistance zone and an area where partial profits can be considered.
Target 2
$74,500 – $75,500
Major resistance area aligned with previous market structure.
Target 3
$78,000 – $80,000
A longer-term target if bullish momentum returns.
Risk Management
No setup is complete without a risk plan. Traders should define their maximum acceptable loss before entering any position and avoid risking more than they can comfortably afford to lose.
Final Thoughts
The goal is not to buy the exact bottom or sell the exact top. The goal is to consistently take high-probability trades while protecting capital. Markets will always offer new opportunities, but capital lost through poor risk management can be difficult to recover.
Trade with a plan, manage risk carefully, and remember: patience is often more valuable than prediction.