Critical Moment for $BTC: Last Chance for Entry or Path to Doom?
Mis à jour
Massive Level for 
BTC
As things stand, we’re at a crucial point for a higher low and a complete validation of the weekly bearish BMS. We need some demand to step up in the 56-60k region to propel us to "Valhalla" and set the stage for a strong end to the year.
Be aware that if we drop below 58k, it could pose significant risks for a bullish outlook. This is the moment to act and take a stand at these prices!
Keep your bids around the mid-59k range in case it dips that low. The trade is active and rolling!
BTCAs things stand, we’re at a crucial point for a higher low and a complete validation of the weekly bearish BMS. We need some demand to step up in the 56-60k region to propel us to "Valhalla" and set the stage for a strong end to the year.
Be aware that if we drop below 58k, it could pose significant risks for a bullish outlook. This is the moment to act and take a stand at these prices!
Keep your bids around the mid-59k range in case it dips that low. The trade is active and rolling!
Transaction en cours
First bids have been filled! Now I’m waiting for lower mid-59k for potential additional entries. Let’s see how this plays out!Transaction en cours
Let's set our first target at 64k.
If it breaks above that, the market will be strong enough to retest the 69k area.
We need to reclaim that last level to ensure a safe upward trend. For now, let’s wait for the first resistance area.
Transaction en cours
Not much of an update since the price is still hovering around this key area. I believe it might take another week or two before we see any significant movement. Once it starts trending, we could reach our initial targets.
For now, it looks like a rotation play, so patience is essential.
Commentaire
Trimmed some off at the 64k area.
Following the rejection, I'm now waiting for 62k to hold or a drop back to entry levels.
Sub 60k is still in play for me.
Commentaire
Good level.
Should stay sideways this week.
CPI thurs, PPI Friday, Consumer Sentiment...
Trade fermée manuellement
Need to wait on a lower price level.
Rather secure the rest and look for another trade setup.
Commentaire
Closer to the point of interest.
Transaction en cours
I've made some purchases.
I wanted a bit lower, but if it starts trending upward from here, I'm more than happy to ride the market.
I'd rather it go up than see another drop into my bids ;)
Transaction en cours
I sold the swing high and bought the swing low. Was I scared? Not really. If you don’t take risks, you can miss out on great opportunities.
It’s all about following your system and trading A+ setups. Less is often more.
Am I calling victory? Nope, we’re still below the monthly open, and this is still in a rotational phase. I won’t call it a victory until we reclaim 69K with full force and it doesn’t retest before pushing higher—that’s how a breakout should work.
I’m expecting a small retrace here before more sideways movement. Welcome to Flatober month!
BITCOIN Commentaire
Decent weekly close—much better than expected!
Let’s see if it starts rolling over at the beginning of the week for a retest into 60.7k.
It’s worth considering longs in that area if it happens. Otherwise, I still believe we might see more chop before the trend begins.
BTC
Commentaire
12hr view for reference
Commentaire
Retrace invalidated... for the better!
Target on the way!
BTC
Commentaire
It should breakout this time. So just hold!
Not fading the top of the range... not this time
Commentaire
We're getting close to the target! I'll take some profits and create a new post outlining weekly targets, as a new trend is confirming right now.
That's a solid 16% gain from the last trade!
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.