When you zoom out to the 12-hour chart, Bitcoin actually looks really clean right now. Since my entry at $75,800, we’ve seen a solid 25% rally that’s clearly shifted the momentum back to bullish. - 
But even with that move, I’m not fully convinced yet that we’re on our way straight to a new all-time high.
There’s still a lot of work to be done before that happens.
Right now, I’m watching the zone between $96,400 and $102,300 as a potential reaction area — basically a spot where we could see Wave B complete.
We’re hovering around the Yearly Open, which historically acts as both strong support and resistance, and we’re also right at the Previous Monthly High.
If BTC can hold this zone, we absolutely could push higher toward $102K.
However, I don’t think it’s realistic yet to expect a clean shot to $110K without a deeper pullback first.
Most likely, we’ll need another flush lower to reset before any major breakout.
That said, I’m still long and staying patient.
If we do somehow rip toward $120K, I’m already well-positioned.
And if we get another sell-off?
I’ll be adding even more — no hesitation there.
Of course, a lot of this depends on how the political and macro situation evolves.
There’s definitely a world where the perfect narrative gets laid down, and we rocket to $120K.
But there’s also a world where that doesn't happen — and it’s important to stay mentally flexible between "must happen," "could happen," and "might not happen at all."
But even with that move, I’m not fully convinced yet that we’re on our way straight to a new all-time high.
There’s still a lot of work to be done before that happens.
Right now, I’m watching the zone between $96,400 and $102,300 as a potential reaction area — basically a spot where we could see Wave B complete.
We’re hovering around the Yearly Open, which historically acts as both strong support and resistance, and we’re also right at the Previous Monthly High.
If BTC can hold this zone, we absolutely could push higher toward $102K.
However, I don’t think it’s realistic yet to expect a clean shot to $110K without a deeper pullback first.
Most likely, we’ll need another flush lower to reset before any major breakout.
That said, I’m still long and staying patient.
If we do somehow rip toward $120K, I’m already well-positioned.
And if we get another sell-off?
I’ll be adding even more — no hesitation there.
Of course, a lot of this depends on how the political and macro situation evolves.
There’s definitely a world where the perfect narrative gets laid down, and we rocket to $120K.
But there’s also a world where that doesn't happen — and it’s important to stay mentally flexible between "must happen," "could happen," and "might not happen at all."
Trade closed: target reached
No, We Don’t Need More Blood. The Drop Was Real Enough For Now
Got a few messages asking if there still needs to be more “blood on the streets” for Bitcoin one month ago.
And honestly? No. That blood already spilled — and plenty of it.
We just saw a 33% rise after within a single month.
I don’t need more than that to lock in profits — and I’ve taken a lot off the table now.
Now I’m just watching and waiting to see how things evolve from here.
Anyone still trying to squeeze every last drop out of this move?
Careful - you might already be late.
At this stage, it’s all about protecting what you’ve made.
So manage your risk - don’t get greedy, don’t get sloppy.
Respect the move. It already delivered.
💎 Kostenlose Community:
t.me/stromm_trading
-------------
Einblicke in mein Trading, Mindset, Marktgedanken und alles rund um Krypto & Aktien. ⚡️
Auf dem Weg zu einer der Top 10 Trading-Communities im DACH-Raum.
t.me/stromm_trading
-------------
Einblicke in mein Trading, Mindset, Marktgedanken und alles rund um Krypto & Aktien. ⚡️
Auf dem Weg zu einer der Top 10 Trading-Communities im DACH-Raum.
Related publications
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.
💎 Kostenlose Community:
t.me/stromm_trading
-------------
Einblicke in mein Trading, Mindset, Marktgedanken und alles rund um Krypto & Aktien. ⚡️
Auf dem Weg zu einer der Top 10 Trading-Communities im DACH-Raum.
t.me/stromm_trading
-------------
Einblicke in mein Trading, Mindset, Marktgedanken und alles rund um Krypto & Aktien. ⚡️
Auf dem Weg zu einer der Top 10 Trading-Communities im DACH-Raum.
Related publications
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.