Bitcoin was supposed to break out, but fear of war changed the plan. Instead of pumping, BTC dropped to retest support around $102,700 — and bounced strongly.
🔸 Key Support Zone: $100K – $99K
This area is holding well for now. But if BTC loses $99K, we could see a deeper drop.
🔸 Short from $108,500 is still open
We’re using it as a hedge in case the market crashes. If the price drops more, we’ll take profit on the short. If BTC goes back up to $108K+, the short will be closed on entry. That’s the best-case scenario.
🔸 What’s Next?
Everything depends on global news. If war fears grow, BTC may drop fast. If things calm down, we could see a strong recovery.
✅ We’re in a strong position — low risk, high reward. No panic. We’re ready for both outcomes.
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.