Bitcoin (BTC/USD) goes to 102k.

anteontem

Scenario 1: Long (Buy) Setup

The idea is to wait for a pullback to the FVG H4 zone or Trendline H1 for a buying opportunity.

Entry Point (Long):
🔹 Entry 1: Around FVG H4 ($96,500 - $97,500).
🔹 Entry 2: If the price breaks below the FVG, consider entering around the Demand Zone ($92,500 - $93,000).

Stop Loss (SL):
🛑 Set your Stop Loss at $95,700

Take Profit (TP):
🎯 TP1: Around $100,500 - $101,000 (Supply H1).
🎯 TP2: Around $102,000 - $105,000 (Supply Zone).

📉 Scenario 2: Short (Sell) Setup

If the price reaches the Supply Zone, it offers a potential shorting opportunity to catch a reversal.

Entry Point (Short):
🔹 Supply Zone 1: $101,000 - $102,000.
🔹 Supply Zone 2: $103,000 - $105,000 (a stronger resistance level).

Stop Loss (SL):
🛑 Set your Stop Loss above $106,000.

Take Profit (TP):
🎯 TP1: Around $98,000.
🎯 TP2: Around $95,000.
🎯 TP3: Around $92,000 (Demand Zone).