⚠️ MY SET OF RULES FOR Q1 BITCOIN:

1. Don't rush the flat, let it play out. Based on my math, it may last another 1-2 weeks.

2. Although I think we will visit $78,000 - $82,000 area before a drop to $50,000, I'm not rushing into LONG positions. We will have our time.

3. The closer your purchases are to $64,000 - $65,000 support — the better. You either buy the support or the breakout. There is no point in buying the middle line.

4. I expect Altcoins to outperform Bitcoin on the next move up, so once the local up-trend is confirmed (breakout or at least compressing of $72,000) — I will focus on alt setups, not bitcoin.

5. Keep in mind that our final destination — $50,000 (not the absolute bottom, just the next target of the bearish cycle). If you want to catch every possible move, it is better to start building your SHORT in the Target Zone (low leverage only).

6. Invalidation of this setup — breakdown of the $64,000 support. If it happens, I will cut losses and switch my focus to SHORTs.

$BTC
{spot}(BTCUSDT)