Bitcoin
Panjang

Trump Boosts 401K Crypto Talk, But BTC Levels Lead the Way UP

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📢💥 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! 🌟🤝📈

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