Note: This chart presents a short-biased plan for BTC/USD based on key technical levels and price action signals.
🔍 Key Levels
: Resistance / All-Time High Area: $105,000
: Support Zone: Around $101,000
: Sell Trade TP1: $99,000
: Sell Trade TP2: $96,000
: Final Target: $93,500
: Critical Breakdown Level: $101,000 (Support)
📌 Plan Breakdown
🟦 Bearish Bias Setup:
> The market is consolidating between $101,000 support and $105,000 resistance, forming a range-bound structure near all-time highs.
> A breakdown below $101,000 support with a confirmed candle close below that level would trigger a sell signal.
> Rewritten chart note:
If the price breaks below the $101,000 support area and a candle closes beneath it, we can consider initiating a sell trade.
🔽 Downside Path:
: If the price breaks the support:
: First target: $99,000 — minor support.
: Second target: $96,000 — highlighted range zone.
: If the price breaks below $96,000, expect further downside toward $93,500 (final target).
🔄 Sideways Possibility:
: If the price breaks below $101,000 but fails to push through $96,000, the market may range between $96K–$99K before choosing a direction.
: The purple box (around $96K) is expected to be choppy — a break below confirms strong bearish continuation.
🔍 Key Levels
: Resistance / All-Time High Area: $105,000
: Support Zone: Around $101,000
: Sell Trade TP1: $99,000
: Sell Trade TP2: $96,000
: Final Target: $93,500
: Critical Breakdown Level: $101,000 (Support)
📌 Plan Breakdown
🟦 Bearish Bias Setup:
> The market is consolidating between $101,000 support and $105,000 resistance, forming a range-bound structure near all-time highs.
> A breakdown below $101,000 support with a confirmed candle close below that level would trigger a sell signal.
> Rewritten chart note:
If the price breaks below the $101,000 support area and a candle closes beneath it, we can consider initiating a sell trade.
🔽 Downside Path:
: If the price breaks the support:
: First target: $99,000 — minor support.
: Second target: $96,000 — highlighted range zone.
: If the price breaks below $96,000, expect further downside toward $93,500 (final target).
🔄 Sideways Possibility:
: If the price breaks below $101,000 but fails to push through $96,000, the market may range between $96K–$99K before choosing a direction.
: The purple box (around $96K) is expected to be choppy — a break below confirms strong bearish continuation.
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t.me/GoldenpipsFXtrader
t.me/GoldenpipsFXtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Thank you for visiting us! Join us for more trading insights and signals.
t.me/GoldenpipsFXtrader
t.me/GoldenpipsFXtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.