I’m a Woman With a Plan – Bitcoin Edition

Hey—

While everyone debates whether Bitcoin is dead or going to the moon, I’m mapping exactly how to trade it either way – because this thing is about to explode.

Bitcoin is in a perfect spot to get into some great positions, but here’s the thing: you need to have an opinion. Do you feel like Bitcoin is in a moment to go higher or go lower?

Because I’m a woman with a plan, and Bitcoin is going to make a huge move very soon.

The Setup: Bear Flag That Hasn’t Triggered

As you can see on Bitcoin’s daily chart, we had a bear flag in October. Well, some of you can argue this was a head and shoulders – shoulder, head, shoulder – that’s bearish. 

But remember, just because you see a pattern on a chart doesn’t mean it is. A technical pattern is only a technical pattern when it triggers.

The head and shoulders triggered by hitting that neckline, which then developed into a bear flag that triggered because we broke the low.

And now we have what seems to be another bear flag. But it has not triggered right now. It’s defending itself. It’s defending that low that needs to break.

I love trading Bitcoin because it really does follow the rules.

Your Aggressive vs Practical Entries

You could take a pretty aggressive stance right now with your opinion.

If this is a bear flag:

Aggressive Short: You could be aggressive right now because you’re hitting that bear flag – that local high. That’s gonna create a lot of impact.

Practical Short: If you wanna be patient, wait for that bear flag to trigger – that’s what adults in the room would do. 

The practical short is around $79,000, right below $80,000, because $80,000 is gonna be a psychological breakthrough. 

Let that bear flag just print me money like an ATM.

Your target would be right around $68,000-$67,000.

The Alternative: W-Shaped Correction

We could be making a W-shaped correction because that flag did not trigger yet. This defense of that lower low could be smart traders trying to buy the dip here. Notice the wick. Notice the green today.

We’re mapping the hurricane, and it could be making a W-shaped correction.

Aggressive Long: You’d be buying here if you truly feel strongly about Bitcoin going higher.

Practical Long: Breaking that symmetry – breaking those local highs. You will know immediately if the short is wrong because if we break those local highs, you could start getting long.

The long side would get us to about $105,000.

Why This Works

You are at a moment right now to make a decision. If you are aggressive, you can get in at a really good price whether you wanna go short or long. 

If you wanna be practical about it, let the trade come to you, let them trigger, and then nothing else is your problem because you’re gonna see that follow through.

The thing looks like it’s gonna explode either up or down.

I love a map. You know, let’s bring maps back.

Rock On,

Voz

P.S. Bitcoin could go either way right now. But one thing that keeps working is Fuse Trades, if you don’t know, now you know.