Buy The Dip? Or Stay Fully Cashed Up?

👇1-11) Bitcoin follows the price projection outlined in our ‘Bitcoin: Textbook Correction?’ report on February 25. The support structure collapsed once Bitcoin fell below the critical $95,000 level. The situation worsened when the average entry price for short-term holders at $92,800 was breached, triggering forced liquidations and accelerating the downside. With Bitcoin dipping below $80,000, approximately 70% of all selling came from investors who bought within the last three months, highlighting the dominance of recent entrants panic-selling into the decline.

Bitcoin Ascending Broadening Wedge Formation with Double Top

👇2-11) This brief dip below $80,000 was our first target. See the report ‘Bitcoin’s Next Big Buy Zone Revealed!’ from February 26, which aligned with our analysis of a broadening ascending wedge. Our model suggested that a rebound attempt typically follows once the structure breaks, revisiting the initial breakdown level to trap more long positions.

👇3-11) This was the core thesis behind buying the sub-$80,000 dip while strategically closing long positions or re-entering shorts near the $92,800 rebound level (here). Fueled by the "Trump Pump"—driven more by speculative hype than solid fundamentals—Bitcoin surged to $94,000. At this level, we recommended closing longs in our March 3 report.

👇4-11) Given the high volatility of crypto markets, traders who fail to use stop losses often hold significant losses. This is not about democratizing finance, nor is it a simple buy-and-hold strategy, as some suggest. Nor is this the time to be patient. Success in crypto requires access to reliable information, a deep understanding of on-chain data, market structure, macro and technical revenue trends, and, most importantly, effective risk management to protect capital.

Latest Trend Signals (here)

Market Updates