Using Wyckoff and EW this are the possible trend for btc in 1HR time frame U can also check my other TA For btc in higher timeframes
At weekly chart we are in still in the 3rd wave correction At the daily chart we reached the 5th wave in the correction with RSI divergence which adds confluence on the correction A harmonic pattern sits on the OB Volume is decreasing in green candles
btc playss bos and wyckoff entry point at unmitigated ob
diagonal and horizontal break of structure 0.618 fib supply zone below 200ma targets using -0.25 and -0.50 extension
0.618 zone DIAGONAL BOS + BOS overall downtrend targets using fib extensions within demand zone tight stop loss
As you can see stocks declined since February due to Global conflicts and etc. Fundamental Analysis Aside Technical Analysis since feb indicates that PSEI has bearish signs then on march it showed a choch and a good retracement at an imbalance zone. another confluence is the harmonic pattern formed at the daily time frame which is a butterfly harmonic, target...
Bat Harmonic Point D at OB therefore high probability
gmt already has signs of reversal only wait for confirmations check btc and btcdom
with regards to btc bearish set up near will also retrace and go down like our bitcoin
btc lost its downward mommentum at 35-36k there are order imbalance above which is a possible point of retracement which is also between 0.5 & 0.618 retracement bitcoin may reach 33-34k zone which is the 100% fib extension of the local fib retracement or may go down if there is an impulsive move