wait

I'll Wait — No Blind Short or Long on Bitcoin Today

I wouldn't short or go long BTC blindly today. Price action is mixed and there's no clear directional edge without confirming a setup.

I'll watch for a decisive daily close above recent resistance or a daily breakdown below support before committing size. Volume, macro headlines, and correlation with equities will guide my bias.

If I do trade, I'll size small, use tight stops, and treat any position as a tactical trade rather than a long-term allocation.

Source available for registered users Sign Up Free

Analysis

Market structure looks balanced: without a clear daily close beyond key levels and with mixed macro cues, the risk/reward is unfavorable for an aggressive directional bet. Volume confirmation and even...

Recommendation

Wait for confirmation: go long on a validated breakout with volume and a clear retest, or consider short only after a clean daily breakdown through support. Keep position sizes small and set defined s...

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.

You might also be interested in: