source avatarMax Trades

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My Next $BTC Plan After the explosive breakout we saw, I am now waiting for a pullback to add to my running swing position. Whether we go higher from here to sweep the previous high or see this correction right away doesn’t really matter to me. I will simply wait for price to approach my two areas of interest and use the opportunity to further add to my position. The first level where I’m planning to bid sits at $72k. This level lines up perfectly with the highs of the accumulation phase back in the summer of 2024, as well as the 0.382 Fib level of the recent upmove. At this point, I don’t expect price to trade below $70k again this cycle. However, if my first level fails and we actually go lower to retest the highs of the range we just broke out from, this is where I’ll increase my exposure again. Overall, I believe that the bottom is already in, which is why I’m perfectly fine with increasing my risk at these levels.

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