Hello traders! Hope you're having an amazing day 🚀
Let’s jump into today’s Bitcoin analysis 👇
The Fear & Greed Index is still sitting at 15 today—same as yesterday—and the market is moving exactly in line with yesterday’s scenario.
If you already have an open position, it’s a good idea to secure some profits here 💰.
Now, let’s focus on the current trend. This is the first real bullish leg after the sharp dump we experienced in recent weeks, so keep a close eye on buyer behavior.
Buyers must hold the $88K level they broke above. Dropping back below it would be a strong warning sign of a possible trend reversal ⚠️.
If your strategy gives you a valid trigger, you can look for entries — just stick to proper risk management 📉📈.
Volume is still supporting the bullish move, but after breaking 88K, price is stuck around the 90K level.
A correction could give a cleaner opportunity for a long entry, but remember:
We just printed a strong Marubozu candle — and entering right after a Marubozu usually isn’t ideal because the stop-loss becomes too wide and you lose your 2:1 R/R setup❗
So my suggestion: wait for a pullback before entering a new trade ⏳
And whatever position you take — always secure profits! 🔐
Hope you enjoyed today’s analysis.
Share your thoughts in the comments — I’d love to hear your view! 💬✨
Let’s jump into today’s Bitcoin analysis 👇
The Fear & Greed Index is still sitting at 15 today—same as yesterday—and the market is moving exactly in line with yesterday’s scenario.
If you already have an open position, it’s a good idea to secure some profits here 💰.
Now, let’s focus on the current trend. This is the first real bullish leg after the sharp dump we experienced in recent weeks, so keep a close eye on buyer behavior.
Buyers must hold the $88K level they broke above. Dropping back below it would be a strong warning sign of a possible trend reversal ⚠️.
If your strategy gives you a valid trigger, you can look for entries — just stick to proper risk management 📉📈.
Volume is still supporting the bullish move, but after breaking 88K, price is stuck around the 90K level.
A correction could give a cleaner opportunity for a long entry, but remember:
We just printed a strong Marubozu candle — and entering right after a Marubozu usually isn’t ideal because the stop-loss becomes too wide and you lose your 2:1 R/R setup❗
So my suggestion: wait for a pullback before entering a new trade ⏳
And whatever position you take — always secure profits! 🔐
Hope you enjoyed today’s analysis.
Share your thoughts in the comments — I’d love to hear your view! 💬✨
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.