Bitcoin has lost a key support level. I’m now watching the $84,000 area for a retest and rejection as resistance before taking a potential short entry.
In today’s Bitcoin update, I explain why I’m considering this setup, where I want to enter and the price reaction I’m waiting for. The plan depends on seeing both the retest and the rejection around that level.
What are you watching around $84K? Share your view in the comments.
Subscribe to Crypto Decoded by Pedro Silva for Bitcoin analysis, trading plans and the thinking behind each decision.
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โฑ ๐ง๐ถ๐บ๐ฒ๐๐๐ฎ๐บ๐ฝ๐:
00:00 Quant Surge Analysis: Understanding the Recent 5x Altcoin Parabolic Rally
01:03 Bitcoin Trading Strategy: Short Setup & Resistance Confirmation Levels
03:11 BTC Invalidations: Key Targets & Optimal Entry Points for Re-Accumulation
04:14 Institutional Altcoin Adoption: Managing Risk During Parabolic Market Shifts
๐ฌ๐ ๐ผ๐ฟ๐ฒ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐ฆ๐ฒ๐๐๐ฝ๐ ๐ช๐ถ๐๐ต ๐ฃ๐ฒ๐ฑ๐ฟ๐ผ:
๐๏ธ๐๐ถ๐ป๐ฑ ๐๐ต๐ฒ ๐๐ฒ๐๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ป๐๐ฟ๐ ๐ญ๐ผ๐ป๐ฒ ๐ก๐ผ๐: https://youtu.be/Tq6RrX09hSw
๐๏ธ๐ช๐ฎ๐๐ฐ๐ต ๐๐ต๐ฒ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฆ๐ต๐ผ๐ฟ๐ ๐ฆ๐ฒ๐๐๐ฝ ๐ฃ๐น๐ฎ๐ป: https://youtu.be/U2wVBAKOES4
๐๏ธ๐ฆ๐ฒ๐ฒ ๐ช๐ต๐ ๐๐ต๐ฒ ๐ฃ๐ฒ๐ฟ๐ณ๐ฒ๐ฐ๐ ๐๐ป๐๐ฟ๐ ๐๐ฒ๐ฒ๐ฝ๐ ๐ฆ๐น๐ถ๐ฝ๐ฝ๐ถ๐ป๐ด: https://youtu.be/TmVp0bqoL60
๐๏ธ๐ช๐ฎ๐๐ฐ๐ต ๐ช๐ต๐ฒ๐ฟ๐ฒ ๐ฃ๐ฒ๐ฑ๐ฟ๐ผ ๐ ๐ฎ๐ธ๐ฒ๐ ๐๐ถ๐ ๐ก๐ฒ๐
๐ ๐ ๐ผ๐๐ฒ: https://youtu.be/WrSGhZF2XO8