BTC/USDT Trading Plan (Daily Chart) – March 29, 2025

BTC/USDT Trading Plan (Daily Chart) – March 29, 2025

Market Structure & Trend:
Bitcoin is currently in a bearish retracement after failing to hold above the $95K supply zone.

AS YOU SEE , Price has broken key structures, signaling further downside potential.

Immediate support lies around 82K, with a strong demand zone between $75K and $69K.

Trading Scenarios:
1 Bullish Scenario (Rebound & Recovery)
Entry: If price holds above 82K with bullish confirmation (rejection wick, bullish engulfing, or support retest).
Target 1: $85K-87K (Short-term resistance).
Target 2: $90K-$95K (Major supply zone).
Invalidation: Breakdown below $81.5K = Exit long positions.

> Risk-to-reward ratio must be at least 1:2 before entering.

2 Bearish Breakdown (Short Opportunity)
>Entry: If price breaks and closes below 82K, confirming bearish momentum.
>>>Target 1: $75K (First demand zone).
>>>Target 2: $69K (Major support level).
Invalidation: A strong bounce above $85K cancels short trades.

Watch for retests of broken support levels before shorting.

Risk Management:
Stop-loss placement:

Long trades: Below recent swing low (~$81.5K).

Short trades: Above $85K (if shorting after 82K breakdown).
Position sizing: Risk 1-2% of capital per trade.
Trailing stop: Adjust stops based on key support/resistance zones.

Final Thoughts:
Short-term bias: Bearish unless 82K holds.
Mid-term potential: If price drops to $75K-$69K, a strong bounce could follow.
Confirmation needed: Watch for volume spikes and candle rejections.