🔎 How to Understand: Price below the 200 EMA → Bearish Trend Price rises and touches the 50 EMA (pullback) Bearish rejection candle forms there (long wick above) RSI turns below 55–60 👉 Entry: Sell as soon as the rejection candle closes 👉 SL: Above the recent high (100–120 points) 👉 TP: 200–250 points 📌 Risk: 0.01 lot = ~100 points ≈ $10 risk 📌 Target: 200 points ≈ $20
Strategy has acquired 1,142 BTC for ~$90.0 million at ~$78,815 per bitcoin. As of 2/8/2026, we hodl 714,644 $BTC acquired for ~$54.35 billion at ~$76,056 per bitcoin.
Bitcoin is trying to hold above the $70K resistance, but there is still strong selling pressure at this level. For a solid move toward $82K, the price needs to give a daily close above $75,000. Later in the evening, when the U.S. market opens, a positive session could help Bitcoin move higher. However, if the market turns negative, BTC could drop below $68K. #Bitcoin #BTC #CryptoMarket #PriceAction $BTC