Long

BITCOIN New Updated Main Targets: $88K-$90K-$83K

Updated

Hidden Double Top at 2% risk-reward ratio.
ATR PIPS at a measurement of 1.5 risk-reward ratio.
Calculated ATR PIPS of 3508.5 =

Please see the chart!

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Stay focused on the volume daily timeframe! Reads healthy!

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“I’m still working on a formula to accurately detect Bitcoin mining activity.”

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“Have no fear: the Asian Session is in full swing and taking charge as it opens up.”

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“Ah, Grandpa Tom’s at it again—he must’ve spotted a blip on the Bitcoin chart and thinks he’s cracked the code. Probably dusted off his old trading notes from 1985, convinced he’s about to show us all how it’s done. Classic Grandpa Tom, always a step ahead… or so he thinks!”

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$82,795 safe target filled!

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“To all my followers—what an electrifying moment to watch Bitcoin surge to new heights! The excitement is real, and I know it’s tempting to want to jump in right now. But remember, buying at a pivot high can be risky territory. This is where patience separates smart traders from the rest.

Trust me, there will be another chance, and the best opportunities come to those who can wait for the perfect setup. We don’t want to get swept up by the rush; instead, let’s stay calm, keep our focus, and wait for our golden entry point. The market always rewards those who wait, and when the timing is right, we’ll be ready to make our move. Hang tight—our moment is coming!”

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“To all long-term and short-term traders: please set a stop-loss, stick to your profit targets, and stay vigilant. While there may be higher targets ahead, we all know trading can be unpredictable. When a correction begins, it could be sharp and intense, so keep your strategy firm and be prepared.”

Trade closed: target reached

The 90K target was achieved, with the price hitting $89,666—close enough to call it a success. I’m wrapping up this long position here. Hours ago, I noted the high risk of going beyond 85K, even with my ATR calculations marking $90,372 as a recent target. Originally, I had kept to myself 85K as a warning target, but the ATR adjustments signaled higher even though I still said-- It's not worth the risk!

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I’d also like to add that the double bottom presented a 2% risk-reward ratio, with a target of $89,850—remarkably close to the achieved $89,666 level. For any price action above 90K, I’ll simply sit back and watch the show unfold.

The_ForexX_Mindset

"You hear the wind, but where does it go?"

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