$BTC UPDATE
4hr Chart.
$BTC has dumped nearly from nour expected level of 100k. Now again acculturating above 93k.
It has wiped alot liquidations around this region and a little left at 92k.
Possible price action:
Bitcoin can probably wick to 92-90k to wipeout the sell side liquidations. And we will probably not see 88k level as there is very small positions over there.
Alot of liquidations have build uo around 98k-100k level. So we are expecting it to now start going higher.
Plan:
Slowly start adding your LONG positions at this pont. Place you big orders at $ 92k so that can be filled with a wick.
I have mentioned the buy zone in graph and possible targets too. We gonna hold it till 100k and at the point we’ll see what’s coming next.
My positions:
I have added my long position with 40%.I will add more (30%) at 92k level (if it goes there). And remaining 30% after 100k.
Disclaimer:
Protect your capital. Manage your risk and trade safely.