𝗪𝗶𝗹𝗹 CRYPTOCAP:BTC 𝗕𝗼𝘂𝗻𝗰𝗲 𝗮𝘁 $𝟭𝟭𝟬𝗞 𝗼𝗿 𝗖𝗿𝗮𝘀𝗵 𝗕𝗲𝗹𝗼𝘄 $𝟭𝟬𝟬𝗞? ‼️‼️ Breakout rallied from $110,500 → $123,293 Now pulling back toward 0.5 Fib retracement $110K Retest Scenario: – Hold above $110K = Bullish continuation toward $150K ATH – Breakdown below $110K = Risk of deeper correction below $100K Drop your thoughts below — bounce or breakdown? CRYPTOCAP:BTC
📈 Possible Scenarios: 🔽 Bearish Scenario (More Likely) If price pulls back to mid FVG and rejects: Expect breakdown below SSL (0.01000) Next target would be LP zone (0.00940) Potential bullish bounce from this lower level 🔼 Short-Term Bullish Pullback If price bounces slightly from current level: Might revisit mid FVG zone (0.01070–0.01090) But likely to...
📊 Key Technical Insights 1. Price Structure Price recently rejected near 0.2550–0.2575 zone (supply/resistance). Lower highs forming, indicating bearish market structure. Current price (~0.2444) is just under minor resistance, which may confirm the start of a new leg down. 2. Risk-Reward Ratio Risk: ~0.0131 (from 0.2444 to 0.2575) Reward: ~0.0258 (from...