BTC | Short-Term Long | W Formation Breakout | (May 28, 2025)

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BTC | Short-Term Long | Liquidity Hunt + W Formation Breakout | (May 28, 2025)

1️⃣ Quick Recap: It’s been a minute — busy with university exams! But now back with fresh eyes on BTC. The chart shows a W-formation that already grabbed liquidity. From here, I’m expecting a push to the $96K–$97K region before we reassess. This could be a solid short-term setup. 📚🚀

2️⃣ Trade Parameters:
Bias: Short-Term Long (swing move)
Entry Zone: Current levels (post-W formation breakout)
Stop Loss: Below W-formation low
TP1: $96K–$97K
TP2 (optional swing): $144K (if momentum continues)
Alternative Scenario: Drop to $60K (less likely, but still possible — risk management is key)

3️⃣ Key Notes:
✅ Open interest remains strong — market participants are still looking to the upside
✅ Spot selling observed — large holders and market makers offloading, possibly to create panic and bait shorts
✅ Liquidation clusters seen around $78K–$80K and higher up at $144K using Coinglass heatmaps
✅ W-formation complete — price took liquidity, now aiming for breakout levels
❌ Most traders ignore the difference between possible and probable — while $60K is possible, it’s not the base case right now

4️⃣ Follow-Up: I’m personally offloading some altcoins here while riding BTC short-term toward $96K–$97K. Will update if we break or reject that zone.

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Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.

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