Bitcoin trading strategy for today: Continue consolidating and wait for a breakout. 93,000 and 94,000 are the long/short dividing lines. Currently, the major trend is adjusting, so observe more and act less.



🩸🩸🩸Observation 1: On the daily and 4-hour charts, a bullish trend has formed, price is above the 30 MA, and the opening is upward. If it breaks above the 3-hour 256 MA, a bullish trend is confirmed. Next, look for a pullback to go long. Once 94,000 is broken, targets are 97,000, 100,000, 102,000, and 104,000.
Observation 2: If the 4, 6, and 12-hour charts form a bearish trend and break below the 30 MA, breaking below 84,000 (lower band), be cautious of a further drop. Targets: 83,500, 83,000, 82,500, 81,000, 80,500. If 80,000 is broken, the price could start with a 7.

Upside resistance: 90,500; 91,300 (6-hour upper band + 3-hour 256 MA); 92,500; 93,000/93,800; 94,000/94,200 (daily upper band)
95,500 (8-hour 120 MA)
Breakout trade 1: 90,500, watch 15-min mid-band for 91,000, 91,300, 91,700, 92,500
Breakout trade 2: 92,500, watch for further breakout to 93,000, 93,800, 94,000
Breakout trade 3: Daily chart breaks 94,000, watch for 94,500, 95,500, 97,000; if broken, watch for 100,000, and if that breaks, look for 102,000, 104,000

Breakdown trade 1: 90,000, if daily mid-band is broken, watch for 89,300, 88,000 (4, 6, 8-hour lower band)
Breakdown trade 2: 88,000, watch for 87,300, 86,200, 85,500, 84,400
Breakdown trade 3: Daily lower band, 84,400, 83,800, 82,500, 81,000, 80,000

All breakouts and breakdowns must have a stop loss of 350 points.
Position sizing: For the first attempt use 1%, for multiple breakouts you can choose 2%.
Breakouts and breakdowns: resistance and support switch with each other.
BTC-2.15%
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