Neutral approaches on BTC but still aiming for 68KTrade what you see and not what you think.
Ignoring the ''bullish'' news. Simply because PA leaves clues.
Right now it seems like a failed continuation play and it became a distribution.
BTCDOWNUSDT trade ideas
BTCUSD is ready to push againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
Bitcoin's Next Move: More Downside or a ReboundBitcoin (BTC) has recently experienced a significant decline, dropping below $90,000—a 20% decrease from its all-time high of $109,000 last month. This downturn is primarily attributed to concerns over U.S. economic instability, particularly inflation and trade policies.
INVESTOPEDIA.COM
President Trump's confirmation of tariffs on Mexico and Canada has exacerbated these worries, potentially sparking inflation. Investors are closely monitoring inflation data, as higher inflation could prevent the Federal Reserve from reducing interest rates, affecting investments in higher-risk assets like cryptocurrencies.
INVESTOPEDIA.COM
Additionally, a recent $1.5 billion Ether theft from the Bybit exchange has heightened fears about the security of digital asset platforms. This incident has contributed to the overall market instability, leading to substantial declines in major cryptocurrencies, including Bitcoin.
NYPOST.COM
Despite these setbacks, some experts remain optimistic about Bitcoin's long-term potential. Standard Chartered predicts that Bitcoin could reach $500,000 before President Trump leaves office, indicating a bullish outlook for the cryptocurrency.
REUTERS.COM
In summary, while Bitcoin has faced recent declines due to economic concerns and security issues, some analysts maintain a positive long-term outlook, suggesting potential for significant growth in the future.
Bitcoin Trading Update – Lord Medz
BTC has reached its objective by retracing into key liquidity zones, mitigating imbalance in the market. The algo has now shifted from internal liquidity (Goldbach Low) to external liquidity (Goldbach High), setting up the next move.
Key Observations:
Goldbach Low (78K-79K) aligned with the 0.618 Fibonacci retracement of the weekly dealing range, confirming a major liquidity grab.
This area acted as a mitigation zone, where price filled inefficiencies before preparing for the next move.
Now shifting to external liquidity → The old high at 108K is the next likely target.
Market Structure & Projection:
Bullish Case:
BTC has bounced cleanly from Goldbach Low & 0.618 Fib, signaling strength.
If price holds above 85K, expect a steady climb towards 98K-99K (Goldbach High) before a breakout to 108K (external liquidity target).
Weekly dealing range suggests a full extension into 110K+ if momentum sustains.
Bearish Invalidation:
A break below 78K would indicate further downside risk, possibly dragging BTC towards 73K-59K (Dealing Range Low liquidity zones).
As long as BTC holds above 78K, the bullish case remains valid.
Game Plan:
Watch for continuation above 85K.
First target → Goldbach High (98K-99K).
Final target → 108K-110K (external liquidity).
BTC has completed its rebalancing—now it's time for expansion! Stay sharp.
Lord Medz
Juicy profits yesterday! My next trade!Friday Bitcoin Update 🎯
Congrats to everyone in the Inner Circle who took yesterday’s short—you should be in great profit by now! Make sure you have de-risked. I know some of you also caught the long from the 30m supply zone, so big well done.
As Friday looms, we must exercise caution heading into the weekend, which is usually marked by lower volume and sideways action. There were at least two opportunities yesterday to enter the short.
Bearish Scenario 🐻
If the bear trend continues, I believe there will be one more chance to enter short down to 81K
This will likely come from the 15m supply zone we are trending toward
What do I need to see to enter? A clear MS change on the 5m
We may not get a clean MS entry, judging by the last bearish action, but if we do and I’m at my screen, I’ll take it
I will de-risk quickly due to the weekend conditions
Bullish Scenario 🟢
If we continue bullishly, we will need to see a clear flip in internal structure before considering a long
92K is a point of interest (POI), along with the top of the range at 94K
It’s Friday! I don’t usually trade weekends, and the market is typically slow. We’re well into London hours—will New York bring the action? Let’s see. 🚀
Comprehensive Bitcoin Analysis – Market Update🎯 Key Support and Resistance Levels
Resistance Zone: $100,000 is identified as a key resistance level.
Support Zone: The $83,500–$86,000 range is a strong support area where the price recently showed a reaction.
Additional Critical Levels: If the support fails, $76,000 and $72,000 could serve as potential re-entry points.
📊 Ichimoku Indicator & Technical Signals
The price is currently inside the Ichimoku cloud, indicating a highly volatile and uncertain zone.
If the price stabilizes above the cloud, further upward movement is possible.
However, failure to hold above the cloud increases the likelihood of a deeper correction toward support levels.
📈 RSI (HARSI) Analysis
The indicator has recently been in the overbought zone and is undergoing a correction.
This correction may lead to a slight pullback, providing a re-entry opportunity.
⚡ Market Structure & Overall Trend
Bitcoin has failed to break its previous high but has been forming higher lows.
Recent candlestick formations indicate increasing selling pressure, suggesting a possible price decline.
Observing higher timeframes is crucial to confirm a continued bearish trend.
🔄 Bitcoin Dominance (BTC.D) Analysis
BTC dominance is fluctuating between 60% and 61%.
It remains above the Ichimoku cloud but has shifted from a strong bullish trend to a neutral state.
A decline in dominance could favor altcoins, while a breakout above 63% might push the market back toward Bitcoin.
📉 Bearish Scenario & Potential Targets
If selling pressure continues and the $86,000 support is broken, a decline toward $76,000 or even $72,000 is likely.
The presence of a liquidity node within the Ichimoku cloud suggests the market may move toward filling that zone.
The $62,000 level has also been identified as a key liquidity area on lower timeframes (4H), which could become a future target.
📈 Bullish Scenario & Trading Opportunities
If the price stabilizes above $92,000, the next targets will be $97,000 and then $100,000.
A strong reaction in the $83,500–$86,000 range could present a potential buy opportunity.
💡 Proposed Strategy
1️⃣ If strong bearish candles form with high volume, consider short positions targeting $76,000 and $72,000.
2️⃣ If a bullish reaction is observed near $83,500–$86,000, look for a buying opportunity.
3️⃣ Stay updated on fundamental news, as new liquidity inflows could shift the trend.
📌 Final Conclusion
Bitcoin is currently at a critical juncture. If it fails to break key resistance levels, a deeper correction may follow. However, if liquidity enters the market and price stabilizes above key zones, a renewed uptrend is possible. The final decision depends on how the price reacts at these crucial levels. Always practice proper risk management and set stop-losses accordingly. 🚀
BTCUSD BULLISH AGAIN 92KHey there on 1HTF BTCUSD looking for further bullish candle again from 85k
And also we have seems last week lower level 78k so now we can see again rise from this point
And also Trump said that we can increase our Cryptocuurency so now again we can see bullish candle from this point will go further 92k level or more then expected upside continue
BTCUSDT
Trading Symbol: BTCUSDT (Bitcoin / TetherUS)
Timeframe: 30 minutes (30m)
Exchange: Binance
Overall Review:
The BTCUSDT chart on the 30-minute timeframe shows that the price is fluctuating within a defined range.
Support and resistance levels are well-defined, and the price has reacted to these levels.
Key Points:
Resistance Levels:
The main resistance is in the range of $93,211 to $93,497. This range acts as a supply zone, and the price may decrease upon touching this area.
The next resistance is visible at $100,000, which is considered a significant psychological level.
Support Levels:
The primary support is around $87,261. This level acts as a demand zone, and the price may increase if it reaches this area.
The next support is seen at $82,500, which could be the next target for sellers if the previous support is broken.
Possible Scenarios:
Bullish Scenario:
If the price can break through the resistance range of $93,211 to $93,497 and consolidate, there is a possibility of the price increasing to the $100,000 level.
Traders can consider buying after the resistance is broken and a pullback occurs, while practicing risk management.
Bearish Scenario:
If the price fails to break through the resistance range of $93,211 to $93,497 and decreases after touching this area, there is a possibility of the price decreasing to the support level of $87,261.
In this case, traders can consider selling near the resistance after confirmation, while practicing risk management.
Recommendations:
Always practice risk management and use stop-loss orders.
Before entering a trade, review fundamental factors and news related to Bitcoin.
Keep in mind that the cryptocurrency market is very volatile, and analyses may change in the short term.
Note: This analysis is just a perspective and should not be considered financial advice. Always do your own analysis and consult with a financial advisor before making trades
Paper Trade 4, short. Session: London
Odds: session low is in
HTF Bias: short
(note: htf bias not confirmed, just choch)
LTF aligned.
Targeting: 1m OB w/i 5m OB.
Thoughts: Price is currently trending down, with the htf just beginning to break structure towards the bears favor.
Im attempting to short a rejection off a 5m OB.
price has had a nice reaction, forming a shooting star, on the LH.
I have zoomed in to find a retracement on the 1m.
2:1 rr
targeting lower liquidity.
Rsi shows 1 more push on the weekly this will define the top The chart marks previous Bitcoin tops with orange circles, aligning with Stochastic RSI overbought signals.
Every cycle top (2013, 2017, 2021) showed similar patterns of high price and overbought RSI
Right now btc is over sold creating a cross to the upside while btc has held strong above 80k
For a push to new highs we need to see btc show strength with a long candle on the weekly while the rsi moving up slower to show buyers are coming back in.
If we see btc push up but the rsi reaches the overbought and crosses befor btc can reach a new all time high i would say the top is in.
Biggest Bullrun in the history of Crypto or Biggest Rugpull???I have Found a pattern within BTC reaching back to may 2020 to September 2020 in which we can clearly see the same structure of the market before it launches off to the moon with over 500% gain that year sooooo yall get where im gonna get to?
BTCUSD: If trading, buy or sell?Dear traders, are you still wondering how to trade BTCUSD? Short or buy? Then take a look at Jack's ideas.
Friends who continue to pay attention will know. After issuing a sell order of 91000-90000 in the early morning, BTCUSD directly fell by more than 7k points, which is profit. This is accuracy. If you follow it, then you will definitely get the same profit. This is the effect of "exclusive signal".
BTCUSD: The United States establishes a Bitcoin war reserve, but will not use taxpayers' money to actively purchase additional Bitcoin. This is the main reason why Bitcoin fell sharply by 7,000 points. However, after hitting the bottom of 84,700, it rebounded quickly. As of now, the market has rebounded to 89,000. In terms of trading, we still need to pay attention to whether the range of 91,000-90,000 can be broken. If not, continue to focus on short selling.
Keep an eye on the real-time trading opportunities announced in the analysis circle every day. If you want to follow.
BTCUSDT 30-Min Chart – Bearish Breakdown & Key Reversal ZonesBTC has broken below a key trendline support, confirming a bearish bias. The next price targets are the Mini Reversal Area ($86K - $85K) and the Major Reversal Area ( FWB:83K - GETTEX:82K ).
📍 Technical Breakdown:
The price is trending downward after a failed support retest.
A lower high formation suggests a continuation to lower levels.
If the Mini Reversal Area fails to hold, BTC could drop to the $82,000 - $83,000 range, where stronger buying interest may appear.
📊 Trade Outlook:
🔴 Bearish Scenario:
Breakdown of $85,000 → Short target $82,500
Rejection at $90,500 → Sell opportunity
🟢 Bullish Scenario:
Recovery above $90,500 → Possible bullish reversal
Break above $92,000 → Trend shift
⚠ Risk Management:
Stop-loss for shorts: Above $90,500
Stop-loss for longs: Below $82,000
📌 Final Thoughts:
BTC remains in a downtrend for now. Traders should watch reversal zones closely before making major decisions. A bounce from $85K could offer a relief rally, while a breakdown below GETTEX:82K may trigger deeper losses.
🚀 Like & Comment if you found this analysis helpful!
BTC/USDT – 30-Min Long Trade Setup !📌🚀
🔹 Asset: BTC/USDT (Bitcoin / Tether)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Reversal Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $83,835 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $81,585 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $86,440 (First Resistance Level)
📌 TP2: $89,482 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $83,835 - $81,585 = $2,250 risk per BTC
📈 Reward to TP1: $86,440 - $83,835 = $2,605 (1:1.15 R/R)
📈 Reward to TP2: $89,482 - $83,835 = $5,647 (1:2.51 R/R)
🔍 Technical Analysis & Strategy
📌 Falling Wedge Breakout: Price has broken out of a falling wedge, a strong bullish reversal pattern.
📌 Support Rejection: The price tested $81,585 support and showed buying pressure.
📌 Volume Confirmation Needed: Ensure high buying volume when price holds above $83,835 to confirm bullish momentum.
📌 Momentum Shift Expected: If price remains above $83,835, it could push toward $86,440, and further to $89,482.
📊 Key Support & Resistance Levels
🟢 $81,585 – Stop-Loss / Support Level
🟡 $83,835 – Breakout Level / Long Entry
🔴 $86,440 – First Resistance / TP1
🔴 $89,482 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure high buying volume above $83,835 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($83,835) after TP1 ($86,440) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $86,440, let the rest run toward $89,482.
✔ Adjust Stop-Loss to Break-even ($83,835) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If the price fails to hold above $83,835 and drops back, exit early to avoid losses.
❌ Wait for a strong bullish candle close above $83,835 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Bouncing from $81,585 support suggests a potential reversal.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.15 to TP1, 1:2.51 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 Hashtags for Reach & Engagement:
#CryptoMarket 📉 #BitcoinNews 📰 #BTCUSDT 📊 #MarketUpdate 🔥 #CryptoInvesting 💰 #Trading 📈 #Finance 💵 #ProfittoPath 🚀 #SwingTrading 🔄 #DayTrading ⚡ #CryptoTrader 💸 #TechnicalAnalysis 📉 #BitcoinPrice 🏛️ #FinancialFreedom 💡 #MarketTrends 📊 #CryptoAlerts 🔔 #TradeSmart 🤓 #Bullish 🐂 #RiskManagement ⚠️ #TradingCommunity 🤝
Bitcoin' ---- Trump's Bitcoin's status has become volatile following Trump's continuous tweets, leading to large price gaps. The current trend is promising, but I hope Trump refrains from tweeting further.
Bitcoin will continue to grow, with or without Trump's tweets. What truly matters is decentralization, ensuring it is not dependent on any single country or individual.
BTC LongPrice has been building pressure the whole week. On Binance alone BTC volume is at 31 Bn USD.
Also been making higher lows. Expecting a break out to 105K this weekend. Another pump just like last week before we drop.
Bitcoin Butterfly Harmonic Pattern – Multi-Fibonacci Confluence!A potential Bullish Butterfly Harmonic Pattern is developing, with point D yet to be completed. If price action reaches the harmonic completion zone, it could present a high-probability long opportunity near a stacked Fibonacci confluence zone.
The D-leg aligns beautifully with the 0.382 Fibonacci retracement of the entire 5-wave Elliott structure from the macro low at $15,476 to the all-time high of $109,588. A level that has acted as key support in the past. Multiple additional Fibonacci confirmations further strengthen this potential bullish reversal zone.
Pattern Breakdown – Bullish Butterfly Formation
The Butterfly Harmonic Pattern is a structured reversal setup, often forming at market extremes before trend shifts.
1️⃣ XA Leg – The initial impulse.
2️⃣ AB Leg – A retracement of 0.786 – 0.886 Fibonacci of XA.
3️⃣ BC Leg – A counter-trend move retracing 0.382 – 0.886 of AB.
4️⃣ CD Leg – The final move, typically extending 1.618 – 2.618 Fibonacci of XA.
📍 In this developing setup:
✅ B-point retraces 0.806 of XA → Butterfly pattern remains valid.
✅ C-point retraces 0.838 of AB → Strengthening structural alignment.
✅ D-leg projection target 1.695 XA extension, converging with multiple key Fibonacci levels.
Fibonacci Confluence – Strong Potential Reversal Zone ($73,783.52 - $73,157)
As price moves toward potential point D, multiple Fibonacci levels create a high-probability reversal area:
0.382 Fibonacci retracement of the entire 5-wave Elliott structure ($73,637.22)
Negative -0.236 Fibonacci retracement at $73,251.43
Negative -0.618 Fibonacci retracement at $73,157
Trend-based Fibonacci Extension 1:1 at $73,783.52
📍 Potential Reversal Zone: Between $73,783.52 and $73,157
Trade Setup – Waiting for Confirmation
Since point D has not completed yet, we should wait for bullish confirmation signals in the reversal zone before entering.
Entry Zone (if price reaches D): Between $73,783.52 and $73,157
Stop Loss: Below $73,157 (D-point invalidation)
Take Profit: B-point resistance
Risk-to-Reward (R:R): 3:1 if TP at B-point
⚠️ Key Reminder:
🚨 The pattern is not confirmed yet. A reaction in the potential reversal zone (e.g., bullish divergences, strong buying pressure, or reversal candlesticks) would strengthen the case for a long position.
Are you watching this level for a potential reaction? Will point D complete? Let’s discuss in the comments! 🚀🔥
BTC/USDT Analysis (1H Timeframe)BTC/USDT Trade Strategy (1H Timeframe)
📌 Trade Bias: Bullish (As long as uptrend holds)
BTC is in an uptrend, bouncing from key support levels, and MACD shows potential bullish momentum. The trade strategy will focus on buying from support and targeting resistance.
🎯 Long Trade Setup (Buying the Dip)
✅ Entry:
Zone: $87,000 - $88,000 (First support area)
Confirmation:
Price shows bullish rejection (e.g., wicks, bullish engulfing candles).
MACD remains bullish or starts curving up again.
Holding above the trendline.
🎯 Take Profit (TP) Levels:
TP1: $92,800 (Major resistance) → Partial profit
TP2: $94,900 (Upper resistance) → Final target
🛑 Stop Loss (SL):
Below $86,500 (Break of trendline invalidates bullish structure).
Risk-reward ratio should be at least 1:2 to ensure a profitable trade.
🔻 Short Trade Setup (Only if Support Fails)
If BTC breaks below $87,000, the uptrend is invalidated. A short trade could be considered.
🔻 Entry:
Below $86,500 after a clear breakdown and retest.
🎯 TP Levels:
TP1: $84,000
TP2: $80,500
🛑 SL:
Above $88,000 (Reclaiming support invalidates the short trade).
📌 Risk Management Tips:
Use a 2-3% risk per trade based on account size.
Wait for confirmation (candle closes, volume increase).
Partial profit-taking at TP1 to reduce risk.
Bitcoin (BTC): technical and fundamental analysis.📈 Technical analysis BTC/USDT
After the correction in the cryptocurrency market, a rebound occurred following Donald Trump's post about including not only Bitcoin but also altcoins in the U.S. national reserve. During this rebound, Bitcoin's price retested the key $95,000 level from below—a level that previously served as strong support but has now turned into resistance. However, buyers have not yet gained enough strength to break through it. The main reason for the current decline is the final approval of tariffs on goods from Canada, Mexico, and China.
If the correction continues and sellers manage to push through the $78,000 support level, we expect a further decline toward the 0.78 Fibonacci level and a retest of the support trendline in the $70,000–$75,000 range. Within the Imbalance 1W zone at $70,000–$73,000, there are significant gaps in horizontal trading volumes that need to be filled through consolidations.
For BTC to resume its upward trend, the price needs to reclaim the 200 EMA and consolidate above the $95,000 resistance level. In this case, we expect further growth, with a retest of the psychological $100,000 level, a major resistance block at $105,000–$110,000, and a potential new all-time high.
📉 Bitcoin market global analysis.
On the daily logarithmic chart, Bitcoin’s price has fallen back below the 200-day moving average. As a result, a candlestick pattern of bearish engulfing of the last upward move has formed. If the daily candle closes below the 200 EMA, this would indicate a continuation of the correction and a potential retest of the global support trendline.
During Bitcoin’s rapid rally in November 2024, an Imbalance 1W zone formed in the $70,000–$75,000 range, featuring significant gaps in horizontal trading volumes that need to be filled through consolidations. This zone aligns with the 0.61–0.78 Fibonacci retracement levels.
Once the correction is complete, Bitcoin’s next growth target could be the global trendline, drawn based on the two peaks of the previous growth cycle. A test of this trendline may occur around $120,000, as confirmed by the analysis of large order blocks in exchange order books.
💠 Analysis of liquidity zones and levels
The Fear and Greed Index is in the extreme fear zone - 15.
The total cryptocurrency market capitalization has dropped to $2.71 billion, and the Bitcoin Dominance Index has risen to 61.39.
According to the analysis of the accumulation of large order blocks in the order books, the supply and demand zones are located at the following levels:
🟢 Demand zone: 70,000 - 80,000
🔴 Supply zone: 100,000 - 120,000
Levels for long positions:
78,000 - large support block
72,000 - downward trend line of support
70,000 - large support block
Levels for short positions:
100,000 - psychological resistance level
105,000 - large resistance block
110,000 - largest resistance block
120,000 - upward trend line of resistance
📊 Fundamental analysis
The stock and crypto markets experienced a sharp decline after U.S. President Donald Trump threatened to impose a 25% tariff on all Canadian and Mexican goods. Yesterday, Trump officially approved new trade tariffs for Canada, Mexico, and China, causing another wave of sell-offs in the U.S. stock market. The Dow Jones Industrial Average and S&P 500 both fell by approximately 2% during the day.
However, on March 2, 2025, a post appeared on TruthSocial, where Trump revealed details about the formation of a U.S. Bitcoin reserve. According to him, the initiative will not be limited to BTC but will also include several altcoins: ETH, XRP, SOL, and ADA. Experts anticipate that additional assets, such as LINK, ONDO, and Litecoin (LTC), may be added in the future. The administration plans to freeze the acquired cryptocurrencies for 20 years. Supporters of this initiative argue that over this period, Bitcoin’s price appreciation could help the U.S. pay off its national debt.
Additionally, the White House is preparing to host its first major cryptocurrency summit on March 7, bringing together industry giants and political figures from Trump’s administration. However, critics argue that including altcoins in the crypto reserve raises concerns about potential insider trading by U.S. authorities. Moreover, there are currently not enough votes in Congress to pass these controversial laws.
Bitcoin’s further growth will also depend on Federal Reserve monetary policy and U.S. regulatory decisions. If the government adopts a crypto-friendly stance, BTC’s price could rise. Otherwise, regulatory resistance may lead to a correction.
🌐 Upcoming Events in the Global Economy
We expect increased volatility in both stock and cryptocurrency markets on the following dates:
➤ 7.03, 16:30 - US Cryptocurrency Summit at the White House.
➤ 07.03, 16:30 - U.S. Unemployment Rate (Jan).
➤ 10.03-14.03 - Senate Banking Committee to Vote on Stablecoin Bill.
➤ 12.03, 16:30 - U.S. Core Consumer Price Index (CPI).
➤ 19.03, 22:00 - New Fed Interest Rate Decision.
➤ 21.03 - SEC to hold first of five roundtables on cryptocurrency issues.
🚀 Statistics of signals from our AI trading indicator:
📈 In February 2025, the price of Bitcoin was in a sideways movement for a long time, then a sharp correction began. Our trading indicator gave 5 signals with the most profitable entry points and minimal risk. Thanks to the latest updates, all signals became profitable, and the built-in anti-flat protection prevented losses from manipulative market movements.
- Total price movement for all signals for the month: + 35.92%
- Maximum price movement for one signal: + 17.89%
- Average price movement for signals: + 7.18%
In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
#Bitcoin Update - 04.03.2025📢 Bitcoin Update – 04.03.2025
Bitcoin is moving like Dogecoin used to—where every tweet from Elon Musk pumps the price, only to dump soon after. Yesterday's price action proved it again. On Sunday, after Trump's tweet, BTC surged, but today, it has completely reversed.
🔍 Technical Perspective:
Even though the move was fake, Bitcoin perfectly retested the yellow zone before dropping. It has now reached the black line, which represents a key retracement level on the daily bearish trend.
🚨 What's Next?
➡️ BTC could drop further to retest the lower yellow zone or reverse from here.
🚫 No buy trades at the moment.
✅ Sell trades can be considered, but stop-loss is a must!
⚠️ Market is highly manipulated by news, so trade cautiously!
#Bitcoin #CryptoAnalysis #BTC #Trading
