I think realistically at this point if you are looking for an entry. 70-73k is kinda the zone. Decent pull back and still remains extremely healthy with strong momentum. This could in theory come back to like 67k and retest the former range high but that is a lot scarier. If this move is legit, which we have no reason to believe its not you probably don't want to see us back there. Above 82k is the weekly MSB and that's when I'm 100% confident that the low is in and any significant dips are for buying. Momentum/break out trades have never been my speciality. The retest I want are scary and the candles are massively parabolic so there is pretty much 0 HTF support to look to buy. The risk you run chasing these breakouts is you either wait for the "ideal" retest, which may never come, or you just bite the bullet accept this is a momentum breakout and you buy and have to live with the risk that you bought high and might need survive a pullback. My plan still remains the exact same. I was a Q4 believer, but we have new information. So while I wanted a new low or further sideways consolidation we might not get it. I managed to get some BTC in the low 60s but am no where near fully allocated. As discussed in yesterdays stream I am OK with this because we are following a plan with clear triggers. Accumulate as low as possible and dump in the remainder on a weekly MSB. Nothings changed, my average buy price wont be the bottom, it never has been in prior bears. Goal is always to follow the plan and catch the meat of the move. https://www.tradingview.com/x/8DKGPXaO/
TradingViewBYBIT:BTCUSDT.P Chart Image by TraderMayneI think realistically at this point if you are looking for an entry… — Trader Mayne Official — TG.ME
August 22, 2026 155