Bitcoin
Long

Bitcoin big dump

69
๐Ÿ”ธ BTC Sideways:
Bitcoin is consolidating within a clear sideways range of 89K - $110K, Liquidity is being absorbed within this range, and market makers (MM) seem comfortable maintaining this structure for now. This suggests a deliberate effort to trap liquidity before a significant move.

๐Ÿ”ธ Key Support Zone
The 89K-92K zone remains a strong accumulation area, providing an ideal entry point for long-term investors. This level has consistently acted as a solid support, making it a crucial zone for risk-managed trades.

๐Ÿ”ธ Upside Target:
A breakout above $110K would validate a bullish push toward $140K-$180K.

๐Ÿ”ธ Risk:

Macroeconomic and fundamental risks, such as Trump Coin and the Forbes report on Michael Saylor, add caution to the market. However, we are still far from a critical danger levelโ€”it would take at least 4-5 major warning signs before a significant market downturn becomes more likely.

From an institutional perspective, BlackRock recently acquired 30K BTC in January, reinforcing a long-term bullish outlook. Their continued accumulation indicates confidence in Bitcoin's future price appreciation. However, short-term shakeouts remain possible as market makers attempt to remove weak hands.

๐Ÿ”ธ Action Plan:

No-Trade Zone: BTCโ€™s current price action in the middle of the range is risky, as MM are manipulating liquidity on both sides.

Buy at 89K-92K, hold for breakout, and take short-term profits at $100K-$110K.

BTC remains range-bound, requiring patience from traders and investors. While major institutions continue accumulating, the next few months will be crucial. If warning signs escalate (reaching 4-5 major risk events), it will be time to exit positions. Until then, traders should focus on trading within the range, managing risk carefully, and avoiding unnecessary euphoria.

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