When Trump dropped that tariff news and markets started panicking, I saw BTC react fast but not in a way that made sense. Ended up making around $20k just trading the bounce — spot only, no leverage.
For my software setup, I use free TradingView Premium from r/BestTrades. Absolute must-have if you’re doing serious TA. Having access to more indicators and real-time data made all the difference in catching this move, and most importantly it’s free.
Here’s what happened:
Right after the tariff headline hit, BTC dumped below a key support near the $64k level, wiping out late longs and triggering cascading stops. Instead of chasing it down, I waited for signs of a bottom.
On the 1H and 4H, I noticed strong buy volume stepping in around $62.5k, along with a bullish divergence on RSI. At the same time, the funding rate on perp markets flipped negative, which told me shorts were getting aggressive. Classic bounce setup.
I entered as BTC reclaimed the $63.2k level with rising volume. Tight stop below the local low, and I scaled out around $65.8k, $67k, and $68.2k as price moved back into the previous range.
The idea was simple — panic flush, liquidity grab, followed by mean reversion. BTC loves to bait both sides before picking direction, especially during macro noise.
If anyone wants the exact indicator combo or layout I used for this setup, just drop a comment. Happy to share.
submitted by /u/TurbulentKings
[link] [comments]
Join The SmashBotAI Telegram Community Now! Get trade alerts, smashable token trade ideas, and more!
https://t.me/smashbotcommunity
Start Trading Now:
SmashBotAI Telegram Bot
Claim Your $SMASH Airdrop Now!