Bitcoin / TetherUS
Long
Updated

BTC Long, but correction first.

109
TL;DR

BTC setup looks bullish — reclaimed support, VWAP and trendline are holding, and I expect a retest of the yellow box. However, BTC Dominance is showing strength, which could spell trouble for alts if it pushes above the red box. So the play is: long BTC, be cautious on alt exposure.

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I think this is setting up as a high-probability long.

In short: we saw support flip into resistance, then resistance flip back into support. That’s classic manipulation — whales pushed the narrative to short BTC, only to reclaim the level and turn it back into support. I’m expecting price to come back and retest that zone (yellow box).

On top of that, the VWAP has been respected all through the correction, and the trendline is holding. Both point to strength, not weakness — these are bullish signals, not bearish.

I’ve marked out two stop-loss levels:

SL1 (aggressive) – tighter risk but more chance of being wicked out.

SL2 (conservative) – safer placement if you want to ride the setup with less noise.

On the second chart (BTC Dominance):

We’re seeing divergence + a breakout above the downtrend line.

That could be a headwind for alts — if BTC dominance continues higher, altcoins are likely to bleed.

If BTC.D breaks above the red box, that’s a clear risk signal for alts.
Trade active
as explained :D. Now at any point if we break below this support, then its really really bad. If we continue further down and break below 98000 then thats fu-ked up. then i would tell you that this is the start of a bear market.

hopefully it wont as i dont expect the NQ to further correct down and continue to make new highs, thus BTC should not be in a bear market and NQ in a bull market.

Lets hope iam right :D
Note
Just wanted to add one thing:

I TOLD YOU SO. SL 1 is still intact and didnt get touched. So lets see.

Just check the 4h tf bearish FVG, if its eating up by bulls, then up only.

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