first entry for BTC long

BINANCE:BTCUSDT   Bitcoin / TetherUS
From weekly chart 34K is beatiful entry plus minus few hundred
why its weekly fib level and now weekly 50EMA is in same level so its incredibley strong support but anything can broken if someone decide offload huge portion of their holding
there are some inflows not huge but worth noting they are split now 6K 3K 3K but it defintely can take price down to 34K level next entry is 30 to 31K then 27K
in all cases SL can be 1 to 1.5K max
no point to keep losing trade if these levels broken
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dont get burned dont buy top and sell botom
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2 based on fundamental
3 based on onchain data
4 based on market sentiment

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