Close BTC longs — stop risk despite possible move to 119
This is a BTC signal — unfortunately I expect us to get stopped out.
Bitcoin could still move up to 119, but that potential upside doesn't remove the immediate stop-loss risk.
If you are currently long BTC, I think it’s better to close the position to avoid being stopped.
Analysis
Risk of being stopped out is high right now despite a possible push to 119; the short-term downside or volatility appears to outweigh the upside probability, so risk management should take priority.
Recommendation
Close existing BTC long positions or tighten stops; wait for clearer confirmation before re-entering.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.