🚨 BITCOIN MARKET UPDATE 🚨
Bitcoin has recently broken below the previous BPR (Balanced Price Range), signaling a significant shift in market structure. Along with this breakdown, a Bearish Fair Value Gap (FVG) has also formed — a strong indication that the market may be preparing for a further move to the downside.
📉 What This Means:
The break below BPR, combined with the emergence of a bearish FVG, suggests that bearish momentum is currently in play. This is often a sign that the market intends to seek out lower liquidity zones, potentially targeting new lower lows.
🔎 Current Setup:
At the moment, Bitcoin is hovering around the newly created FVG. If price retraces into this zone and gives us a clear bearish confirmation (such as a rejection candle, bearish engulfing, or other MSS confirmation), it could provide a high-probability sell opportunity.
🎯 Target:
The primary target would be liquidity below the most recent lower lows.
⚠️ Risk Management Reminder:
Always wait for proper confirmation before entering a trade. These setups are best traded using MSS (Market Structure Shift) or BPR strategies for higher probability outcomes.
📚 DYOR — Do Your Own Research!
Trading involves risk. Ensure you have a strategy in place and never trade blindly.
Bitcoin has recently broken below the previous BPR (Balanced Price Range), signaling a significant shift in market structure. Along with this breakdown, a Bearish Fair Value Gap (FVG) has also formed — a strong indication that the market may be preparing for a further move to the downside.
📉 What This Means:
The break below BPR, combined with the emergence of a bearish FVG, suggests that bearish momentum is currently in play. This is often a sign that the market intends to seek out lower liquidity zones, potentially targeting new lower lows.
🔎 Current Setup:
At the moment, Bitcoin is hovering around the newly created FVG. If price retraces into this zone and gives us a clear bearish confirmation (such as a rejection candle, bearish engulfing, or other MSS confirmation), it could provide a high-probability sell opportunity.
🎯 Target:
The primary target would be liquidity below the most recent lower lows.
⚠️ Risk Management Reminder:
Always wait for proper confirmation before entering a trade. These setups are best traded using MSS (Market Structure Shift) or BPR strategies for higher probability outcomes.
📚 DYOR — Do Your Own Research!
Trading involves risk. Ensure you have a strategy in place and never trade blindly.
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.
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.