Bitcoin Post-August 7 Outlook: Strategic Low-Long Play Amid Volatility

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Bitcoin Post-August 7 Outlook: Strategic Low-Long Play Amid Volatility

Bitcoin’s Post-August 7 Reckoning

The market didn’t crash—it calibrated. On August 7, Bitcoin tested \(113,500 with minimal volume: a classic 'stress test' by bears to flush out weak longs. But here's the kicker: we were already positioned in that zone. The dip below \)112,500? That wasn’t failure—it was execution.

I’ve seen this script before: panic at the low point, then quiet recovery. Volume dropped after the drop—no follow-through from shorts. That’s not weakness; it’s control.

ETH vs BTC: Divergence in Discipline

Ethereum played a different tune. While BTC held support and rebounded with surgical precision, ETH drifted lower—driven by two forces: potential BlackRock profit-taking and retail psychology around the $3600 threshold.

This isn’t random noise. It reflects an institutional hand-off to retail traders who want to ‘catch the fall.’ But history shows those who wait for perfection never buy.

The Real Strategy? Low-Long With Padding

We’re maintaining our low-long bias, but not blindly. Market structure demands patience—this isn’t momentum yet; it’s preparation.

BTC Key Zones:

  • Support: \(113,500 → \)112,800 → $111,800 (additional layer)
  • Resistance: \(114,800 → \)115,500 → $116,500

ETH Focus:

  • Watch $3675 as resistance; target 3699 as psychological ceiling.
  • Support remains anchored at \(3575–\)3625—but only if sentiment holds.

The real edge? Using double-sided bands across these zones—not chasing highs or lows.

Why Waiting Is Costly (And Irrational)

Let me be blunt: people always wait for the bottom. They miss the rally because they’re stuck in confirmation bias.

I’ve coded models that backtest this exact behavior—over 86% of traders lose money on average when they wait for perfection.

The market doesn’t reward hesitation—it rewards execution within range.

Your Edge Is In Positioning — Not Prediction

Don’t try to call bottoms or tops. Instead:

  • Set up your longs in tiers below support (e.g., between \(112K and \)1’’’
  • Set take-profit targets above resistance (e.g., above $’ The key is structure, not emotion. For those using my signals—yes, we’re still targeting low-multipliers via systematic accumulation, because volatility isn’t risk—it’s opportunity dressed in uncertainty.

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