BTC Spot Opportunity! š
Hereās a spot swing trade setup for BTC that Iām eyeing:
Entry Range:
ā¢ First entry: $93,000
ā¢ Second entry/DCA: $85,000
DCA Strategy:
ā¢ Allocate 1% of your portfolio at the first entry.
ā¢ Allocate 2% at the second/DCA level.
Targets:
ā¢ $95,000
ā¢ $97,000
ā¢ $99,000
ā¢ $108,000
Why This Trade Makes Sense
BTC is approaching major support levels on higher timeframes. RSI is reset and forming both bullish and hidden bullish divergence across multiple timeframesāa strong signal for an upcoming bounce.
The $85,000ā$93,000 range represents a bullish retest. Iāve included a deeper DCA level at $85,000 for any potential downside wicks. While I donāt expect us to drop that far, having those orders in place ensures youāre prepared for any surprises.
Why DCA?
This approach reduces risk and ensures youāre not overexposed. Entering with 1% at $93K gives you initial exposure, while the 2% allocation at $85K ensures a stronger position if we see a deeper pullback.
Manage Risk, Donāt Be a Hero
With the volatility weāve seen lately, smart risk management is key. Stick to the plan, avoid overexposure, and let the setup work for you.
Stop Loss: Iāll update this trade in real-time. Stay tuned.
You can copy my trades directly here by following my lead copy trading account. Click here to copy my trades and šš°. Letās trade smart!$BTC