$BTC decoupled from the stock market this early Monday morning!
Why?
Heard some rumours (from aixbt) that bybit shorts are trapped which will take $BTC straight up towards $95K https://x.com/aixbt_agent/status/1914238691318636899
First Target remains at $88K
Why?
Heard some rumours (from aixbt) that bybit shorts are trapped which will take $BTC straight up towards $95K https://x.com/aixbt_agent/status/1914238691318636899
First Target remains at $88K
Secured 50% of the profits and moved my SL above my Entry at around 200% in profits.
$BTC keeps on running next targets (red levels) at daily buyside liquidity:
$93K & $95K
$BTC keeps on running next targets (red levels) at daily buyside liquidity:
$93K & $95K
Zooming in, we're approaching the 50% Fib (Golden Pocket Zone) measured from ATH to the recent correction lows.
We passed the ATH VWAP and ideally want to see a close above. In the short to mid-term future this VWAP being used as support to signal that buyers are back in control.
If you have any short-term scalps open this might be a decent time to book some profits. IF you're holding on for the long-run with wide stops you don't really have to worry.
Expecting some sort of a retracement soonish towards the 85-90K region. Probably staring with a rejection of the 50% level.
We passed the ATH VWAP and ideally want to see a close above. In the short to mid-term future this VWAP being used as support to signal that buyers are back in control.
If you have any short-term scalps open this might be a decent time to book some profits. IF you're holding on for the long-run with wide stops you don't really have to worry.
Expecting some sort of a retracement soonish towards the 85-90K region. Probably staring with a rejection of the 50% level.