🚨 BTC Update 🚨🚨
When to Buy?
The market is currently in the “Fear” zone, so buying (going long) impulsively could be risky. Here are two better scenarios for buying:
Rejection/Bounce Strategy: If $BTC drops to the $74,000 - $75,000 zone and forms a bullish pin bar or engulfing candle there, that’s a solid “Buy” setup.
Stop Loss (SL): Below $73,200.
Trend Change Strategy: If $BTC rallies back up, re-tests the $82,000 level, and holds above it, the next targets could be $85,000 and then $88,000.
Important Note
Today’s market saw massive liquidations (around $1.75 Billion). Avoid high leverage until things stabilize a bit.
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