BTC wrapped up January with around $102K, after a wild ride between:
โ Tapping $109K โ A new ATH zone
โ Dipping to $97K โ Held strong before rebounding
โ Bouncing to $106K before closing at $102K!
January was no joke โ crazy stuff happened across markets:
Trumpโs election drama & all the chaos that followed
The Deep Seek tragedy and its impact on global markets
The US teasing a Bitcoin reserve, while the EU hesitates (for now)
Now, the big questions:
โ Will Feb bring a clean breakout?
โ Or a fake ATH before a brutal crash?
โ Or are we just stuck in a boring range?
Letโs break it down together. ๐
๐ Monthly Chart: Whatโs Cooking?
๐ Bulls did their job โ January erased that ugly December candle, closing above $93K
โ๏ธ Choppy signals โ HH & LL between Dec & Jan hint at a consolidation phase (like the $71K-$50K range before, but shorter)
๐ Possible LL in Feb? โ If we get one, expect it around $85K-$79K
๐ Weekly Chart: Red Start Incoming?
25 Jan Candle tapped $109K โ A big resistance zone before rejection to $97K
If this week closes under $100K, we likely see red into early Feb (Feb 3-5 or even Feb 11-17)
With a chance to break below $97K, it will open the floodgates to $90-85-79K
๐ฏ How to Play It?
๐น DCA Smartly โ If BTC dips to $ 85K-$79K, that's a golden buy zone for BTC & solid ALTs
๐น $70K Is Key โ As long as BTC stays above $70K (monthly close), the bull market is intact
๐น Next Bull Targets โ $112K โ $116K โ $122K โ $136K
๐ Altcoins: Whenโs the Party?
๐ก Total2 (Alt-Market Cap) is still stuck below $1.42T, a major resistance
๐ Breakout = Altseason, most likely in March
๐ If not, June could be the last shot before a long wait
๐ฐ Portfolio & Risk Game Plan
๐ We took 40% of profits weeks ago near $104K before the drop to $90K
๐ 60% still in play
๐ If you're fully out, trade the $90K-$85K-$79K range with 50-75% and keep 25% free
๐ If you're all-in, keep 25%-40% FIAT to catch dips
โ ๏ธ Trade Smart, Donโt Chase
โ๏ธ Think Twice, Act Wise โ Buying resistance is a rookie mistake, focus on supports
โ๏ธ Don't Rush โ If you miss support, wait for a clear trend instead of chopping yourself up
โ๏ธ Ammo Management โ Donโt go all-in on sideways action unless you're a pro at range trading
๐ฅ Final Words: Think Twice, Act Wisely
๐ Be patient, manage risk wisely & keep ammo ready for the right moment! ๐ฏ
๐ข Stay sharp, stick to the plan & letโs own this market! ๐๐
https://www.tradingview.com/x/BSK9UrIr/
๐ Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! ๐โจ
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Best of luck with your trades! ๐
Wild Bitcoinโข
๐we ask Allah reconcile and repay ๐คฒ