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I’ve been down with the throat infection for the past week, taking a break from trading and writing.

But when I saw the news about Tesla moving $760 million in Bitcoin, it instantly caught my attention.

Elon Musk and Tesla's decisions often shake up the market, and this could be one of those moments that demand traders' close attention.

Despite feeling under the weather, I knew I had to get back to my keyboard and talk about how this could change my trading strategy for the coming days—and possibly yours too.

Stick with me till the end because I’ll explain exactly what I’m watching for in the market right now, and how I’ll use to decide my next move.

You don’t want to miss these insights—they could make all the difference in your next trade.

Is Tesla Selling? $760 Million Bitcoin Moved To Unknown Wallets

Tesla transferred 9,720 Bitcoin (about $760 million) to unknown wallets, sparking speculation.

Is this the start of a major sell-off? Could it be an internal restructuring?

Either way, this level of activity from such a big player can trigger reactions across the market, leading to volatility.

As a swing trader, volatility is where we find our edge, but we need to be cautious.

Big moves like this can create liquidity grabs and price swings, and if you aren’t careful, you could get caught on the wrong side of the trade.

That’s why it’s crucial to understand smart money concepts like CHOCH (Change of Character), which I’ll dive into next.

My Take on Tesla’s Bitcoin Move

So, what does this mean for your trading strategy?

Tesla’s move could lead to a Change of Character (CHOCH) in the market.

CHOCH occurs when the price shifts direction, signaling that the existing trend may be coming to an end.

In this case, if Bitcoin has been in a bullish trend and Tesla's activity leads to downward pressure, we might see the market flip bearish.

I’ll be watching for signs of a CHOCH in the charts. If Tesla's move spooks the market, we could see a liquidity grab, where the price wicks above key resistance levels before quickly reversing.

This is where patience comes in—don’t rush into trades. Wait for confirmation of the reversal before jumping in.

Tesla has been making some big moves lately, including a $760M Bitcoin transfer, which has stirred up a lot of attention.

With its stock also seeing some ups and downs recently, staying ahead of the market is key.

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My Strategy for the Week Ahead

Given the uncertainty surrounding Tesla’s move, I’m planning to sit tight and watch how the market reacts in the short term.

I’ll be looking for:

• Liquidity grabs: Sharp price movements above key supply zone that flush out stop losses before reversing down.

• CHOCH: A clear break in market structure, signaling a shift from bullish to bearish (or vice versa).

If I spot either of these, I’ll consider entering a shorting trade, aiming to catch the next wave of momentum.

But the key here is not to react emotionally.

Tesla’s move is creating ripples, but with the right strategy, these ripples could turn into profitable opportunities.

CHOCH: A Simple Concept with Big Impact

For those new to CHOCH (Change of Character), here’s the lowdown.

CHOCH occurs when price action shifts, breaking the established trend.

If Bitcoin has been rising steadily but suddenly breaks a key support level, it signals that sellers are taking over, and the bullish trend may be ending.

This is a critical signal for swing traders. By identifying CHOCH, you can position yourself at the start of a new trend, rather than getting caught at the end of the previous one.

But remember, don’t jump in immediately—wait for confirmation.

Conclusion: Always Be Ready for the Opportunity

Tesla’s $760M Bitcoin move is a wake-up call for traders.

It could trigger major market shifts, and if you’re paying attention, this could be your chance to ride the wave.

My advice? Stay patient, watch for liquidity grabs and CHOCH, and plan your entries carefully.

The market might be volatile, but volatility is where the biggest opportunities lie.

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Let’s profit from these opportunities together!