The 86k zone is critical right now. If Bitcoin manages to hold and retest this support level, that's where I'd look to build a long position with a tight stop loss below. The setup hinges on this level maintaining its strength.
However, the game changes if price breaks below 86k decisively. Once that support cracks and we get bearish confirmation on the lower timeframes, this entire trade thesis becomes invalid. That's when we pivot to defense mode and reassess.
It's all about respecting key levels and letting price action guide the next move.
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FloorSweeper
· 12-22 07:57
nah 86k is just another level paper hands gonna dump through lol... respect key levels? bro half the market doesn't even know what support means
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CryingOldWallet
· 12-19 10:41
If we can't hold 86k, we all have to run. If this wave breaks the support, directly go all-in on short positions.
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BlockchainWorker
· 12-19 10:37
That 86k level is basically a gamble on whether this line can hold. If it holds, we go bullish; if it breaks, we back down. Nothing else.
BTC Price Action Strategy 🎣
The 86k zone is critical right now. If Bitcoin manages to hold and retest this support level, that's where I'd look to build a long position with a tight stop loss below. The setup hinges on this level maintaining its strength.
However, the game changes if price breaks below 86k decisively. Once that support cracks and we get bearish confirmation on the lower timeframes, this entire trade thesis becomes invalid. That's when we pivot to defense mode and reassess.
It's all about respecting key levels and letting price action guide the next move.