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Bitcoin Hits $70K—Are You Profiting Now or Falling Behind?
This is what I am going to do next
Bitcoin’s recent surge to $70,000 has the market buzzing.
But here’s the real question: Are you profiting from this explosive move, or watching from the sidelines?
Last week, Bitcoin shot up faster than expected, almost touching the $70K mark, and I had to make quick, calculated decisions to stay ahead.
But here’s the kicker: While Bitcoin continues to soar, not everyone benefits equally.
Latecomers and non-holders are feeling the squeeze, with ECB economists claiming Bitcoin’s success is fueling poverty for those on the sidelines.
This speculative boom enriches the early adopters while widening the gap for the rest.
Ulrich Bindseil and Jürgen Schaaf published a paper titled “The Distributional Consequences of Bitcoin” last week. They warn Bitcoin’s success can exacerbates inequality, potentially leading to societal instability and even undermining democracy, especially to those who are not taking action.
It’s a stark reminder that, yes, crypto’s volatility offers opportunities—but only if you know how to play the game.
Now, I’m ready to share what I’m doing next—and how you can take action too—so you don’t fall behind while the market movers make their moves.
Whether you’re new to crypto or a seasoned trader, you’ll find valuable insights in my swing trading strategy to help you navigate this volatile market.
The ETF Effect and Bitcoin’s Surge
Bitcoin hitting nearly $70,000 is no small event.
A $2.4 billion inflow into Bitcoin ETFs has flooded the market, and the SEC’s approval of 11 Bitcoin ETFs for trading options has shifted the dynamics.
With institutional money pouring in, the game is changing.
But while these institutions might be playing for the long term, that’s not my strategy.
As a swing trader, I’m laser-focused on short-term opportunities to profit from these price swings—while managing risk every step of the way.
What I’m Doing Next:
Now that Bitcoin has surged, I’m not chasing the price.
Instead, I’m waiting for it to retrace to a more favorable entry point—specifically, looking for a Fair Value Gap (FVG).
An FVG forms when the market moves too fast, leaving a price imbalance where no trading takes place between two candlesticks.
These gaps are often filled by the market, creating ideal opportunities to jump in.
Here’s how I plan to trade this next move:
I’ll wait for Bitcoin to drop and fill any FVG that’s left from the surge. I will not short BTC as the market is too bullish.
Once the price returns to those levels, I’ll look for bullish signals to buy back in.
I’m not gambling—I’m using strict risk management, placing stop-losses below the momentum candle to protect myself from downside risk.
This isn’t just about riding the momentum blindly; it’s about smart, calculated trades with a clear plan.
How You Can Profit Using the Fair Value Gap Strategy:
What are Fair Value Gap?
If you’re new to swing trading or looking for a reliable strategy, the Fair Value Gap is a powerful tool. Here’s a simple breakdown of how you can use it:
Spot the Fair Value Gap: After a major price move (like Bitcoin’s recent surge), look for gaps between two candlesticks where no trades occurred. This gap is your FVG.
Wait for the Fill: The market often returns to these gaps before continuing in its original direction. This gives you a high-probability entry point.
Enter Your Trade: Once the price revisits the FVG, place your trade in the direction of the main trend. Use a stop-loss to protect yourself in case the trade doesn’t go as expected.
By using the FVG strategy, you’re trading with the market movers instead of getting trapped in false breakouts. It’s a calculated, low-risk way to profit in a volatile market.
Final Thoughts:
Bitcoin’s explosive rise to $70,000 has created massive opportunities, but you have to be smart about how you approach it.
Swing trading strategies like the Fair Value Gap allow you to navigate volatility without getting burned.
Remember, it’s not about chasing the hype—it’s about making informed, calculated decisions that keep you ahead of the game.
Don’t let the market leave you behind. Use these strategies to trade with confidence and stay on top of the crypto wave.
If you found this article helpful and want more actionable insights, subscribe to my newsletter Crypto Profit 101.
Don’t forget to share this article with others who might be struggling to profit from Bitcoin’s volatility—because in crypto, timing is everything.
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