Jason Opens $190M BTC Long at $64,940

Jason scaled his BTC long to 2,933.63 coins at an average entry of $64,940.14, pushing total exposure to $190 million with $209,000 in floating profit. The trader closed prior shorts worth $178 million before flipping into the new long, citing unchanged medium-term bullish bias on Bitcoin and the $60,000 zone as the key cost-support level from the prior cycle.

Price currently sits at $65,124.75 inside the Bollinger band with upper resistance at $66,882.81. The 50-EMA at $65,027.47 acts as immediate support while the 200-EMA at $63,769.21 marks deeper structural floor. RSI at 46.16 remains neutral yet the MACD death cross signals fading momentum, so a quick test of the 50-EMA before any continuation higher remains the highest-probability path.