Bitcoin is Bullish (Live Pump Trading)🚨
TL;DR
Bitcoin has reclaimed the critical $78K level, confirming bullish continuation with a high-probability target of $80K, but traders should avoid chasing the current pump and instead hold existing longs from lower levels while waiting for retracements to enter new positions.
📈 Market Structure & Price Targets 3 insights
Bitcoin reclaims $78K resistance
The recovery above the $77-78K POC (Point of Control) level confirms the bullish structure and increases the probability of reaching higher targets.
$80K target with 90% certainty
The speaker views $80K as a near-certain destination given the current momentum and the reclaim of critical support levels.
Path toward $90K contingent on $80K hold
If Bitcoin establishes support above $80K after testing it, the next major move targets $90K with minimal resistance expected.
⚡ Entry Strategy & Position Management 3 insights
Long only on dips, never on pumps
Traders should enter long positions during pullbacks toward $74-75K rather than chasing green candles at current $78K levels.
Hold existing longs from sub-$77K
Positions opened at $66.8K or $74.2K should be maintained, but traders must avoid adding new exposure at elevated prices near resistance.
Never buy breakout momentum
Avoid longing above $80K expecting a breakout to $90K; instead, keep lower entries open to capture upside without becoming a 'fake-out victim'.
⚠️ Risk Scenarios & Short Opportunities 3 insights
$80K fake-out offers scalp short
A liquidity sweep above $80K followed by immediate rejection could provide a short opportunity, but only as a hedge for existing longs given the high probability of continuation higher.
Sunday/Monday open volatility
The highest probability for major pivots and fake-outs occurs during the Sunday evening through Monday market open, requiring extra caution around timing.
Mandatory stop-loss on shorts
Any short attempt at $80K requires tight stops because reclaiming that level as support could trigger an immediate astronomical move toward $90K.
Bottom Line
Hold existing Bitcoin longs from lower levels but resist FOMO at $78K-$80K; wait for retracements to add exposure and use strict risk management rather than gambling on breakout momentum.
More from Bankless
View all
CRASH! CRASH! CRASH! CRASH! CRASH!
Bitcoin crashes alongside crude oil to $73 after the US and Iran signed a tentative Memorandum of Understanding to end military operations, with technical analysis highlighting $62,900 as the critical support level that must hold to avoid a deeper drop to $59,000.
LIVE CRYPTO BLOODBATH...... [BREAKING NEWS]
Crypto analyst Crypto Kid argues that despite Bitcoin's drop to $60,000, technical indicators and market cyclicality suggest further downside to the mid-$50,000 range before a true bottom forms in Q4, recommending investors begin spot accumulation now while strictly avoiding leveraged positions.
Bitcoin Pumping (Biggest Fake Out) 🟢🚨
Bitcoin pumped to the 77K resistance zone after dipping to 75K support, creating a 'fake out' scenario where traders could profit from both long and short positions. The speaker emphasizes a non-predictive trading approach focused on executing predefined plans at specific technical levels rather than forecasting directional moves.
'DAILY CRYPTO LIVE' WITH CRYPTO KID!
Crypto Kid delivers a bearish short-term outlook for Bitcoin and Ethereum, citing breakdowns from key technical patterns and historically low volume, while highlighting Hyperliquid's surprising institutional ETF traction and system resilience as the only standout altcoin in the current downturn.