BTC Testing the Ultimate Demand Zone!
Trade Setup:
Entry Zone: 74,200 – 74,500
Target 1: 75,800
Target 2: 77,500
Target 3: 79,200
Target 4: 80,000 (Major psychological resistance)
Stop Loss: 72,800 (Structure-based protection)
The current price action is a classic shakeout After hitting an all-time high of $126,000 late last year, BTC has pulled back nearly 40%. Today, it briefly touched $73,004, wiping out over $730 million in leveraged long positions. However, we are seeing strong absorption near $74,200, as big players step in to defend this multi year support level.
📊 Market Reality Check:
Current Status: BTC is stabilized around $74,700 - $76,300 after the morning crash.
Fear & Greed Index: 14 (Extreme Fear) historically, this is the zone where smart money starts building positions.
ETF Impact: We have seen $1.7 billion in outflows recently, which is putting pressure on the price.
The "MicroStrategy Level: Many institutions, including major holders, have an average cost basis around $76,000, making this a massive battlefield for bulls and bears.
The market isn't rewarding gamblers right now; it is rewarding snipers. This entry zone represents a high-probability area where the risk is controlled, and the potential for a relief rally back toward $80,000 is high.
Are you staying calm and buying the demand, or is the fear too high? Let me know your move in the comments
Disclaimer: This post is for information purpose only and not financial advice. This is market insights and personal analysis. Do your own research (DYOR), manage your risk, and always use stop losses
