#BTC OUTLOOK
Morning all,
BTC saw a sharp dump earlier this week.
I’m now watching for a possible range reversal, with the Monday high as a target later this week.
I’ll share an update once I’m in position.
#Bitcoin#Trading
#BTC OUTLOOK
Heading into the Fed’s rate decision, #Bitcoin is showing strength.
The trend is clearly up, the only question is where the next higher low will form.
With the FOMC meeting ahead, I’m expecting some volatility.
#Trading#Bitcoin
#FTMO TRADE IDEA
For my funded accounts I’m watching this setup on #Bitcoin.
First, we need to see a clear invalidation of the downtrend — then I’ll look to enter on the higher low.
I’ll keep you posted.
#PriceAction#BTC
#BTC rotation confirmed!
We just printed a higher high, confirming the start of the rotation.
Now watching for a potential higher low setup, which could form anywhere between here and the recent low around 107K.
I’ll share once I’m in position.
#Bitcoin#Trading
#BTC TREND UPDATE
Since the ATH, we’ve been in a clear downtrend, but now we’re seeing the first signs of a possible rotation:
A higher low and the first higher high are in place.
If we reclaim 113.3K, that confirms a market structure break and potential trend shift.
#Bitcoin
#BTC OUTLOOK
We’ve been stuck in this range for about a week now.
113K remains the key level to break in order to continue higher and complete the rotation.
With CPI today, it’s too tricky for me to take a position beforehand. These are the most likely scenarios I’m watching rn.