Expect Stop-Out — Close BTC Positions Despite Potential Move to 119
I believe the BTC signal will unfortunately hit stops.
I think BTC can still rise to 119.
If you are holding a BTC position, I recommend closing it to avoid being stopped out.
Analysis
Price action suggests a risk of stop-outs that outweighs the potential upside to 119; the trade setup looks vulnerable and stop levels may be triggered before a sustainable rally.
Recommendation
Close BTC positions now to limit downside risk; wait for a clearer setup or re-entry signal before opening new longs.
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.