Bitcoin: Buy Demand, Sell Supply

we clearly see bitcoin now ranging after a sell-off. the price is hovering at $89.5k which is the range that tends to trap traders who are impatient

It has a serious resitance at $93k–$94k, which was where the price was rejected formerly, with a very strong support at $87.5k–$88.5k, the price where former buyers stepped in.

imo, this is not a buy-now market. the chart is suggesting a dip first to sweep liquidity before any tiny pump

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Trade Plans

~Buy the dip~

Entry: $87.5k–$88.5k

Stop: Below $86.8k

Targets: $90.5k → $92k → $93.5k–$94k

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

~Sell the rally~

Entry: $93k–$94k

Stop: $94.6k

Targets: $91k → $89k

>>>>>>>>>>>>>>>>>>>>>

~Key Rule

~Don’t trade the middle. Wait for the edges.

~Wait for the dip. Buy demand.

~Wait for the pump. Sell supply.