You're Scared, I Longed Bitcoin🚨
TL;DR
A crypto trader explains executing a pre-planned Bitcoin long position at $65.8k during a Sunday retest of the anchored VWAP, emphasizing that this was a specific technical setup rather than bullish conviction, while warning against chasing the move after the bounce occurred.
⚡ Trade Execution Strategy 3 insights
Pre-planned anchored VWAP long
The trader entered a long at $65,800 precisely during Sunday's second half, hitting the anchored VWAP retest exactly as forecasted in the previous day's weekend show.
Avoid breakout chasing
Professional traders wait for retests and reclaims of key zones rather than buying breakout pumps or entering during momentum spikes.
Aggressive profit taking
Due to low weekend volume and weak candle reactions, the trader immediately removed 50% of the position and tightened the stop loss to $65,540.
📊 Market Structure & Levels 3 insights
Short squeeze liquidity hunt
Heavy short interest observed in orderflow data drove Bitcoin from $63k to $67k, creating the liquidity conditions necessary for the subsequent pullback and long entry.
Critical support at $65.5k
The $65.8k anchored VWAP and $65.5k support zone are pivotal technical levels—losing these could trigger a rapid drop to $60k, while holding offers upside continuation.
Weekend volume warnings
Unusually low Sunday trading volume prompted conservative profit-taking, as the bounce lacked strong conviction and carried elevated risk of fakeouts before Monday's market open.
🧠 Trading Psychology 2 insights
Setup-based not prediction-based
This was a technical setup trade with defined risk parameters, not a directional bet on Bitcoin reaching new highs or avoiding lower prices.
No FOMO for late entries
Viewers who missed the $65.8k entry window were explicitly warned against entering after the bounce, as doing so constitutes a different trade with inferior risk-reward.
Bottom Line
Execute trades based on pre-defined technical setups like anchored VWAP retests with strict stop losses at key invalidation points, rather than chasing breakouts or entering after a move has already occurred.
More from Bankless
View all
STOCKS ARE COLLAPSING.... [BITCOIN WARNING]
Bitcoin faces severe downside risk toward $60k or lower by Q4 2025 as bear flag patterns mirror 2014 and 2021-2022 cycles, while stocks crash and regulatory clarity finally emerges for altcoins.
Best Trade Setup on Bitcoin Today🚨
Bitcoin is testing a decisive breakout above $71.6K, but traders should avoid longing the breakout and instead prepare to enter longs only if price drops below $70K and reclaims the level, while holding existing positions from lower entries like $66K.
Will this Bitcoin Pump Continue !!??🚨
Ahmed analyzes Bitcoin's recent pump from $65K to $73K, advocating for a non-predictive trading approach that focuses on high-probability setups at key technical levels rather than directional guesses, specifically highlighting the importance of longing dips at $70K support rather than chasing breakouts above $71.6K.
EVERYONE IS WRONG ABOUT BITCOIN. (You NEED To See This)
Analyst CryptoKitt argues that Bitcoin's immediate fate hinges on crude oil's dramatic collapse and the critical $72,000 resistance level, with a confirmed breakout opening a path to $84,000-$86,000 while failure risks a decline to $62,000.