$BTC Corrections like this are healthy — they shake out weak hands and reset the market before the next leg up. I’m watching Bitcoin closely as it dips near key support, and the way Justin Sun is moving with a $100M allocation into $BTC tells me serious players see value here. These aren’t just trades; they’re balance-sheet moves, and that confidence often underpins price action when retail panic sets in.
📊 Trade Setup:
Entry Zone: $33,000 – $34,000
Stop Loss: $31,500
Target 1: $36,500
Target 2: $38,500
Why this zone is strong: This area coincides with the 0.618 Fibonacci retracement from the previous swing high to low, and historically, $BTC has found strong reaction support here. I’ve seen buyers steadily stepping in — they’re building strength quietly while the market debates short-term bottoms. If this level holds, it could trigger a sharp technical bounce.
Sun’s move signals that top builders are accumulating during weakness, a classic indication that the market might be undervaluing BTC right now. For traders, that translates into a higher-probability entry zone with defined risk.
I’m personally watching this closely — if BTC can defend this support, the next few days could set up a fast rebound toward the targets above.
