📢💥 Trump Boosts 401K Crypto Talk, But BTC Levels Lead the Way UP 🧠📊
News just dropped that President Trump may sign an executive order allowing crypto into 401(k) retirement plans. 🇺🇸📜 While that’s a massive headline, let’s stay grounded—we play the levels, not the politics. 🧘♂️📉📈
⚠️ A quick disclaimer: It’s Trump, so… let’s see if the ink even hits the paper. But price is king, and the chart already gave us the real signal.
🔄 Bitcoin just reclaimed the single most important level: $115,800. This isn’t just a number—it was the previous ascending channel’s support, and it’s now acting as strong support again. This changes the game.
🟢 As I’ve mentioned in previous ideas, I remain hedged:
✔️ Long BTC
❌ Short S&P 500
That ratio is working out well, as shared earlier today in the post:
“Bitcoin vs S&P 500 – Ratio Signals Strength” — it’s clear which asset the market favors. BTC is holding structure. SPX? Not so much. 📉🔍
🎯 Next upside target: $122,795
🚀 Bigger extension level: $132,595
🛑 Breakdown invalidation: Loss of $115,800 would weaken the case.
News or not, structure always wins. Stay sharp, stay level-headed. The market rewards those who listen to the chart, not the noise. 📡🧠
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
News just dropped that President Trump may sign an executive order allowing crypto into 401(k) retirement plans. 🇺🇸📜 While that’s a massive headline, let’s stay grounded—we play the levels, not the politics. 🧘♂️📉📈
⚠️ A quick disclaimer: It’s Trump, so… let’s see if the ink even hits the paper. But price is king, and the chart already gave us the real signal.
🔄 Bitcoin just reclaimed the single most important level: $115,800. This isn’t just a number—it was the previous ascending channel’s support, and it’s now acting as strong support again. This changes the game.
🟢 As I’ve mentioned in previous ideas, I remain hedged:
✔️ Long BTC
❌ Short S&P 500
That ratio is working out well, as shared earlier today in the post:
“Bitcoin vs S&P 500 – Ratio Signals Strength” — it’s clear which asset the market favors. BTC is holding structure. SPX? Not so much. 📉🔍
🎯 Next upside target: $122,795
🚀 Bigger extension level: $132,595
🛑 Breakdown invalidation: Loss of $115,800 would weaken the case.
News or not, structure always wins. Stay sharp, stay level-headed. The market rewards those who listen to the chart, not the noise. 📡🧠
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.