Trading gets much easier when you understand the strength and weakness of trends and the market cycle. Right now, BTC is showing us clear signs of bull exhaustion.
🔍 Technical Breakdown:
Price has been trapped between
88K resistance and 
82K support, forming a visible trading range.
Recently, BTC failed to even reach the middle zone of the range, which reflects weak buying momentum.
With multiple rejections and bearish pressure building, the82K support is likely to be broken soon.
🧭 Next Target: If the breakdown occurs, expect price to fall below $80K, targeting the liquidation zones highlighted on the chart.
💡 The structure is shifting bearish—prepare accordingly.
📊 Stay sharp and follow for more accurate market insights! 🔔
🔍 Technical Breakdown:
Price has been trapped between
88K resistance and 82K support, forming a visible trading range.Recently, BTC failed to even reach the middle zone of the range, which reflects weak buying momentum.
With multiple rejections and bearish pressure building, the
82K support is likely to be broken soon.🧭 Next Target: If the breakdown occurs, expect price to fall below $80K, targeting the liquidation zones highlighted on the chart.
💡 The structure is shifting bearish—prepare accordingly.
📊 Stay sharp and follow for more accurate market insights! 🔔
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📈 Crypto – Bitcoin daily analysis & exclusive Altcoins opportunities!
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💵 Gold & Forex – Expert insights & accurate signals!
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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.
🚀 Join Our Free Telegram Channels!
📈 Crypto – Bitcoin daily analysis & exclusive Altcoins opportunities!
t.me/Sober_Trading
💵 Gold & Forex – Expert insights & accurate signals!
t.me/Sober_Forex
🎯 Stay ahead with free updates!
📈 Crypto – Bitcoin daily analysis & exclusive Altcoins opportunities!
t.me/Sober_Trading
💵 Gold & Forex – Expert insights & accurate signals!
t.me/Sober_Forex
🎯 Stay ahead with free updates!
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.