Bitcoin's Latest Market AnalysisThe recent escalation of the situation in the Middle East has triggered a surge in risk - aversion sentiment across global financial markets. As a risk - on asset, Bitcoin has faced certain selling pressure in a market environment dominated by risk - off sentiment.
From a technical chart perspective, Bitcoin has made multiple attempts to break through the key resistance range of $108,800 - $110,000 in the recent period, but has encountered significant selling pressure each time. On the other hand, the area between $105,000 - $103,000 forms an important support zone. When the price drops to this area, it attracts some bargain - hunting capital inflows, which provides a certain degree of support for the price.
The price of Bitcoin is expected to fluctuate within a relatively narrow range. If it can hold the key support level of $105,000 and the bulls can regain strength, the price is likely to rebound to the range of $106,000 - $108,000. However, if the $105,000 support level is effectively breached, it may trigger additional selling pressure, potentially driving the price down further to $103,000. In extreme cases, if market panic sentiment spreads further, it may test the psychological threshold of $100,000.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Btcusdtanalysis
Bitcoin - The Elevated Cycle and the Silence Before Powell.⊢
⟁ BTC/USD – Bitstamp – (CHART: 1M) – (June 18, 2025).
⟐ Analysis Price: $104,044.00
⊢
⨀ I. Temporal Axis – Strategic Interval – (1M):
▦ EMA90 – ($39,909.00):
∴ Rising steadily, serving as long-cycle structural support since 2020;
∴ Price remains well above this average, with no signs of downward pressure;
∴ The positive slope confirms ongoing bullish macro structure.
✴️ Conclusion: EMA90 holds the foundational base of the long-term uptrend with ample buffer.
⊢
▦ SMA50 – ($48,924.00):
∴ Key axis of mid-to-long-term structure, validated by multiple touches during 2022–2023;
∴ Current price distance suggests technical room for retracement;
∴ Still rising with no sign of flattening or decay.
✴️ Conclusion: SMA50 confirms trend integrity, though overextension calls for caution.
⊢
▦ Ichimoku (Kumo & Lines) – (85,434 | 68,378 | 104,044 | 76,906 | 63,740):
∴ Price remains well above the Kumo cloud – full bullish confirmation;
∴ Tenkan and Kijun are aligned in bullish configuration, widely spread;
∴ Future cloud projects bullish momentum continuation.
✴️ Conclusion: Complete Ichimoku structure signals dominant cycle strength.
⊢
▦ MACD (12,26,9) – (2,344 | 16,426 | 14,083):
∴ MACD line remains above the signal, maintaining a monthly buy signal;
∴ Histogram shows mild expansion, but slower than previous bull cycles;
∴ Momentum is positive but decelerating.
✴️ Conclusion: Momentum remains intact, but peak cycle force may have passed.
⊢
▦ RSI (14) – (68.82 | MA: 67.35):
∴ RSI approaching overbought threshold, hovering near 70;
∴ Momentum is firm but shows resistance to further extension;
∴ Historical comparison to 2020 suggests possible ignition or exhaustion point.
✴️ Conclusion: RSI signals potential tension zone - breakout or reversal ahead.
⊢
▦ VPT (14,8) – (100):
∴ Volume Price Trend has plateaued at its max threshold;
∴ Lack of new highs despite price advance suggests fading directional volume;
∴ Often a signal of accumulation slowdown or redistribution.
✴️ Conclusion: Buyer strength may be waning beneath the surface.
⊢
🜎 Strategic Insight - Technical Oracle:
∴ Market structure remains bullish across all core indicators;
∴ Overextension from key moving averages and flattening momentum call for tactical caution;
∴ Any macroeconomic pressure could trigger a local top, without compromising the broader trend.
⊢
∫ II. On-Chain Intelligence – (Source: CryptoQuant):
▦ Realized Price & LTH – ($47,000):
∴ Market price is well above the realized price baseline;
∴ Indicates majority of holders are in profit — structurally bullish;
∴ However, this also creates a risk of profit-taking if confidence drops.
✴️ Conclusion: Strong support floor, but latent pressure exists.
⊢
▦ SOPR - (Spent Output Profit Ratio) – (1.013):
∴ Above 1 means active profit-taking;
∴ Downward slope shows this is starting to cool;
∴ Critical to monitor for a break below 1 - would shift dynamic.
✴️ Conclusion: Still healthy, but at the edge of distribution risk.
⊢
▦ NUPL – (Net Unrealized Profit/Loss) - (0.554):
∴ Unrealized profit remains dominant;
∴ Readings above 0.5 historically precede consolidation or pullbacks;
∴ Still distant from euphoric tops, but entering alert zone.
✴️ Conclusion: Market still in profit expansion phase - but under surveillance.
⊢
▦ MVRV - (STH vs LTH) – (STH: 1.0 | LTH: 3.1 | Global: 2.2):
∴ STH neutral, LTH moderately elevated but not excessive;
∴ Market is mature, but not overheated;
∴ Still in a zone that supports further upside with restraint.
✴️ Conclusion: Healthy balance between holders - no imminent top confirmed.
⊢
▦ CME Futures Open Interest:
∴ Sharp rise in open interest across expiry horizons;
∴ Sign of speculative leverage building;
∴ Historically correlates with volatile price action post-FOMC or macro events.
✴️ Conclusion: Liquidity pressure is rising - extreme caution warranted.
⊢
🜎 Strategic Insight - On-Chain Oracle:
∴ On-chain structure mirrors technical signals - strong trend, but cautious undertone;
∴ No major signs of reversal, but profit saturation could act as gravity if macro shocks occur;
∴ Market is exposed, not exhausted.
⊢
⧉ III. Contextvs Macro–Geopoliticvs – Interflux Economicus:
▦ Fed Chair Powell (Upcoming):
∴ Powell speaks today (June 18); core expectation is rate hold;
∴ Market bracing for hawkish tone: fewer projected cuts and emphasis on inflation resilience;
∴ Historically, Bitcoin has reacted with -2% to -5% dips to hawkish FOMC tone.
✴️ Conclusion: Macro tension peak. Powell’s tone may dictate the next 30-day candle.
⊢
⚜️ 𝟙⟠ Magister Arcanvm – Vox Primordialis!
⚖️ Wisdom begins in silence. Precision unfolds in strategy.
⊢
⊢
⌘ Codicillus Silentii – Strategic Note:
∴ The technicals are strong, the on-chain base is stable, and the macro setup is explosive;
∴ This is a tension point, not a resolution point - silence before decision;
∴ Precision now is not found in action, but in observation.
⊢
⌘ Market Status:
✴️ Position: " Cautiously Bullish. "
✴️ Tactical Mode: Observation Priority – No immediate entry without Powell clarity.
⊢
Technical Analysis of Bitcoin
From a market analysis perspective, the daily chart of the large cycle has closed with consecutive declines, the price is below the moving averages, and the indicator is in a death cross, indicating a bearish trend. However, it is necessary to be wary of the stimulation from the news and data caused by the current unstable national situation. In operation, risk control should be paid attention to, and the moving average pressure level near 106,000 on the daily chart should be focused on.
In the hourly chart of the short cycle, the decline continued in the European session after the morning decline yesterday, the U.S. session broke the low of the previous day, and the price rebounded and corrected at the support in the early morning. Currently, it is still in a corrective trend. Today, focus on the high pressure level in the 106,000 area, as well as the impact of the strength of the European session and the unemployment benefit data in the evening on the trend.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
BTC/USD Potential Bullish ReversalBTC/USD Potential Bullish Reversal 🟢📈
🔍 Technical Overview:
The chart shows a potential bullish reversal pattern forming near a key support zone. Price action has consistently bounced from the support range between $100,000 – $103,700, marked by multiple higher lows (🟠 orange circles), suggesting strong buyer interest.
📌 Key Levels:
Support Zone: $100,000 – $103,700 🛡️
Immediate Resistance: $110,384 🔼
Current Price: $105,202 💰
📊 Pattern Observed:
The price structure shows a possible inverted head and shoulders pattern forming, with the right shoulder currently developing. If this structure completes and breaks the $106,000–$107,000 neckline region, we can expect a bullish breakout toward the resistance target of $110,384 or higher.
📈 Bullish Confirmation:
Bullish rejection from support area ✅
Clean structure with repeated higher lows 📈
Potential breakout arrow suggests move toward the top resistance zone
⚠️ Watch For:
Price must hold above $103,700 to maintain bullish bias
Break below this level may invalidate bullish setup and retest the broader support zone near $100,000
📌 Conclusion:
BTC/USD is setting up for a potential upside breakout if the neckline is broken. Traders should monitor for bullish confirmation before entering long positions.
🔔 Strategy Suggestion:
Buy Zone: $103,700 – $104,500 (on bullish confirmation) 🛒
Target Zone: $110,000 – $111,000 🎯
Stop-Loss: Below $103,000 🛑
BTC Daily & 4H Technical Analysis- Daily Chart :Three consecutive bearish candles retrace to the prior rebound starting point, now consolidating near lows with shrinking volumes—indicating the correction hasn't reversed the uptrend.
-
- 4H Perspective :Pressured by the Bollinger Bands midline within a descending channel, RSI in oversold territory and weakening MACD bearish momentum suggest a potential rebound.
-
- Trading Strategy :Go long after confirming support at 103,000-104,000 USD, targeting 106,000-107,000 USD. Maintain a dip-buying approach as the primary trend remains bullish.
BTCUSD
buy@103500-104500
tp:106000-107000
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Shows price action with clear bullish and bearish candles.Key Elements in the Chart:
Current Price: Around $104,615 at the time of the screenshot.
Time: 3:30 AM on June 18, 2025 (UTC+3).
Candlestick Chart: Shows price action with clear bullish and bearish candles.
Chart Patterns:
Multiple descending channel patterns, with price breaking out upwards.
Support Zone: Around $104,000 (highlighted in green).
Resistance Zone: Around $110,000–$111,500 (also highlighted in green).
Lower Support Zone: Around $97,000–$99,000.
Forecast Paths (White Arrows):
The white arrows represent potential future price paths:
Bullish Scenario: Bounce from support near $104k and rise toward the $110k–$111k resistance zone.
Bearish Scenario: Failure to hold the $104k support leads to a drop toward the $97k–$99k range.
Choppy Scenario: Price oscillates within the current range before breaking either up or down.
Test the crucial round-number threshold of $100,000.Affected by sudden news factors, the Bitcoin market has seen sharp fluctuations. The price started a significant downward trend from the $108,900 level and has dropped to around $104,000 as of now. This decline has caused Bitcoin to break through multiple key support levels.
On the daily timeframe, the originally important support range of $106,000 - $107,000 was easily breached, with market bearish forces gaining absolute dominance. Bitcoin is facing significant downward risks and is highly likely to continue falling to test the crucial psychological level of $100,000.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Trading Strategy:
sell@104000-104500
TP:102000-1025000
Safello Group AB - Bullish Outlook - Small Cap Crypto Firm Safello is starting to show signs of a breakout from its weekly triangle. If Bitcoin or altcoins start to show life, I believe this stock could outperform most crypto stocks. The company is constantly innovating its offerings and is regulated under Swedish law.
I have been DCA’ing into this stock for quite a while now and will continue to do so until the consolidation is over.
Current market cap is about 10 Million USD.
Nothing here should be considered financial advice. Always do your own research and make your own decisions.
OMXSTO:SFL
CRYPTOCAP:OTHERS
CRYPTOCAP:TOTAL
COINBASE:BTCUSD
NASDAQ:COIN
COINBASE:ETHUSD
Bitcoin Market Analysis and Future Trend ForecastThe Bitcoin market has once again become the focus of investors. The price of Bitcoin has shown a significant upward trend, successfully breaking through the key resistance level of $106,000 per coin with an intraday increase of over 2%, demonstrating the strong vitality of the market. This price movement not only reflects the warming of positive sentiment in the cryptocurrency market but also indicates the gradual recovery of investor confidence, which has become the core driving force behind Bitcoin's current rally.
Currently, the Bitcoin price is at a critical juncture. From a daily chart perspective, after reaching an intraday high of $107,265, Bitcoin failed to effectively break through the key resistance level of $108,000 and has since retracted to fluctuate around $106,940. On the 4-hour timeframe, the MACD indicator shows that the histogram remains in positive territory, but the rate of increase has slowed, suggesting a short-term weakening of bullish momentum. Meanwhile, the RSI indicator stands at around 65, approaching the overbought zone, indicating that the market faces short-term correction pressure.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Trading Strategy:
sell@107500-108000
TP:106000-106500
Analysis of Next Week's Market TrendsBitcoin is trading in a narrow range, with an intraday volatility of only 1.7% and trading volume shrinking by 18%, indicating market wait-and-see sentiment after key geopolitical events.
After the Israel-Iran conflict triggered $1 billion in liquidations, market panic has eased. Israel's preemptive strike on Iran on the 13th caused Bitcoin to flash crash to $102,000, but by the 15th, the market had partially digested the risks. The Fear & Greed Index stabilized at 60 (greed zone), showing that funds did not massively flee to safe havens.
Bitcoin is in a critical accumulation phase on the eve of a breakthrough. The digestion of geopolitical risks and institutional buying constitute supporting forces, but short-term attention should be paid to the risk of breakdown in the triangular pattern. It is recommended to strictly guard the defense level of $104,200 and the breakthrough point of $106,300.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
sell@105900-106000
TP:104000-1045000
Middle East Tensions Drive Capital Shift: BTC May Test 100K SupCurrently, we can clearly see that BTC is in a downward trend 🔻. Due to the tense situation in the Middle East 😰, a large amount of capital has flowed into gold and crude oil markets. BTCUSD is likely to continue its downward movement on Monday ⬇️. Let's focus on the support level at 100,000. If it breaks below 100,000, it may continue to decline ⚠️.
⚡️⚡️⚡️ BTCUSD ⚡️⚡️⚡️
🚀 Sell@ 106500 - 105500
🚀 TP 102000 - 101000
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
BTC/USD – Bearish Continuation from Rising Channel BTC/USD – Bearish Continuation from Rising Channel 🚨🧱
This chart indicates a bearish market structure with the following key technical features:
🔍 Chart Analysis:
Change of Character (CHoCH) 🔄
A shift from bullish to bearish was confirmed by a strong breakdown after the CHoCH marked at the top.
This breakdown invalidated previous bullish structure.
Bearish Flag Formation 📉📐
After the impulsive drop, price formed a bearish flag (rising channel), suggesting a potential continuation move to the downside.
Resistance Rejection 🚫
Price is currently testing and rejecting the 105,800–106,500 resistance zone, previously a support turned resistance.
The rejection from this level adds further bearish confluence.
Downside Projection ⬇️📍
If the pattern plays out, the projected move shows a potential drop toward the major support zone at 100,000–101,000.
📌 Key Levels:
Resistance Zones:
105,800–106,500 🧱
109,500–111,000 🧱
Support Zone:
100,000–101,000 💚
🧠 Conclusion:
The chart suggests that BTC/USD is in a bearish continuation phase, with strong rejection from key resistance and a confirmed breakdown from a bearish flag. Traders should watch for confirmation of continuation below 104,500 to target the 100k support level. Risk management is crucial near volatile zones.
BTC/USD: Weekend Strategy AnalysisBitcoin is currently fluctuating around $105,500, with volatility mainly driven by Middle East tensions.
After Israel's airstrikes on Iran, market panic spread, causing Bitcoin to drop below $103,000 yesterday. Over 250,000 leveraged investors worldwide were liquidated within 24 hours, totaling $1.16 billion in liquidations—predominantly long positions.
In the short term, geopolitical conflicts have triggered capital flight from high-risk assets. Traditional safe havens like gold and crude oil have surged, while Bitcoin has been sold off. Uncertainties over whether the Middle East situation will escalate or involve the U.S. are suppressing prices.
Long-term, institutions had forecast Bitcoin could reach $200,000 by the end of 2025 based on factors like the halving effect. Some listed companies and institutions maintain strategic positions. If the situation eases, prices may rebound.
BTC/USD
sell@106500-105500
tp:104000~103000
SL:107500
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
BTC/USD Technical Outlook – Potential Bearish Continuation BelowBTC/USD Technical Outlook – Potential Bearish Continuation Below Resistance 📉🧊
Chart Overview:
The chart illustrates a clear bearish rejection from a major resistance zone (⚠️ 110,000–111,000 USD), followed by the emergence of a bearish engulfing candle 🔻 marked in orange. This move suggests selling pressure has returned after a short-term bullish rally.
Key Zones & Levels:
🔵 Resistance Zone: 110,000–111,000 USD
Price was rejected from this region with a strong bearish reaction.
🟣 Mid-level Support: 105,531 USD
Currently acting as an interim level — if broken, it may lead to deeper declines.
🔵 Support Zone: 100,500–101,500 USD
This is the next strong demand area — price previously rebounded strongly from here.
Technical Signals:
✅ Double Top Structure formation at the resistance zone, indicating trend exhaustion.
❌ Bearish Engulfing Candle near resistance, confirming reversal strength.
📉 Downward Momentum Arrow suggests possible continuation toward support.
🔻 Lower Highs Formation reinforces bearish sentiment after failed breakout attempts.
Projection 🎯:
If the price closes below 105,531, a bearish continuation is likely, targeting the support zone at 101,000–100,500.
Conversely, a strong bounce above this level could delay the drop, but upside is capped below 110,000 unless a breakout occurs.
Summary:
🧭 Bias: Bearish below 105,531
📍 Targets:
Immediate: 105,531 (key level)
Bearish Target: 101,000
Invalidated if: price reclaims and closes above 110,000 with strength
📊 Trader's Note: Look for confirmation of breakdown with volume or candle close before short entry. Set tight risk management due to volatility.
BTC/USD: Daily Trading Strategy AnalysisToday, from a long-term daily chart perspective, yesterday's close formed a small bearish candle. The K-line pattern shows consecutive bullish candles followed by a single bearish candle, with prices still at high levels. The attached indicators are in a golden cross, but due to yesterday's pullback after the rally, there is currently no sign of a strong volume surge. Therefore, the current retracement is still a corrective move. As the overall uptrend remains dominant, shorting should only be considered for short-term trades—do not misalign your strategy.
On the short-term hourly chart, the price failed to break above the previous high during yesterday's European session, coming under pressure and retracing. The current K-line pattern shows consecutive bearish candles, with attached indicators in a death cross. The price is currently in an arc-shaped downward trend, with support near the 105,300 area.
BTC/USD
sell@108000-108500
tp:106500-106000
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
BTCUSDT – Bearish signs emerge below resistanceAfter a strong bullish run, BTCUSDT is now showing clear signs of weakness near the resistance zone around 109,600–112,000. Price action has formed a cluster of rejection candles at the top, failing to break above this key level – signaling that selling pressure is gaining control.
The current structure suggests a potential trend reversal, especially as the latest bearish candle came with rising volume, confirming selling interest from the supply zone. If the price breaks below the 101,500 support, BTC may continue dropping toward the 93,500–84,500 range – a high-liquidity area on the volume profile.
The previous bullish momentum appears to have lost strength, and this pullback may be confirming a shift after reaching its upper limit. As long as BTC remains below the 112,000 resistance, the bearish bias remains dominant.
"Accumulation Phase for Breakout"Bitcoin underwent high-level consolidation on June 11, with intraday volatility ranging from $108,800 to $110,200. It failed to effectively break through the previous high of $111,980. The 24-hour global liquidations amounted to $210 million (half of the previous day), with short positions accounting for 62%, indicating that bears still dominate short-term sentiment.
The Sino-US high-level talks in London originally scheduled for June 11 have been postponed to June 15, and the details of tariff reductions remain unclear, leading to a decline in risk asset appetite. The US Dollar Index rebounded by 0.8%, suppressing Bitcoin's breakthrough momentum. Bitcoin is currently in a accumulation phase for breaking through all-time highs, with policy regularization and institutional increasing holdings forming long-term support.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
buy@108000-108500
TP:110500-111000
Long-term bullish, but watch for retracements.Daily Chart (Long-term Trend)
Pattern Characteristics
- Closed with a small bullish candle yesterday, forming consecutive bullish candles. Price firmly stands above moving averages, with attached indicators maintaining a golden cross, clearly indicating a bullish trend.
Risk Warning
- Last week's sharp rally caused price to deviate from moving averages, creating technical demand for regression. Be cautious of retracement corrections. Key support level: $107,000 area. A break below may lead to further decline toward the moving average convergence zone.
Hourly Chart (Short-term Operation)
Intraday Trend
- After intraday retracement correction yesterday, weakness continued in the European session, and the US session rebounded at support but failed to break through the previous high. Today, price is under pressure with consecutive bearish candles, indicating short-term bearish dominance.
Key Levels
- Support: $108,300. A break below may test the $107,000 integer level.
- Resistance: $110,000 (previous high). Avoid chasing long positions before a breakthrough.
Trading Strategy Recommendations
Trend Traders
- Maintain a bullish tone. Consider batch long positions at the $107,000-$108,300 support zone, with stop-loss below $106,500.
Short-term Traders
- Focus on the validity of $108,300 support today. Lightly trade for rebounds and reduce positions near $109,500.
Risk Control
- Due to price deviation from moving averages, keep position sizes within 1/3. Avoid heavy positions before retracement stabilizes.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Technical Analysis – BTC/USD Technical Analysis – BTC/USD
📅 Date: June 11, 2025
🔍 Key Observations:
🔴 Resistance Zone – $110,000 to $111,800
Price has tested this resistance block twice (🔴 red arrows) and rejected both times, indicating strong selling pressure in this zone.
Rejection candles show long upper wicks, suggesting failed attempts by bulls to break above.
🟢 Support Zone – $101,800 to $103,500
This demand zone has been respected multiple times (🟢 green arrows), showing a solid base for potential bounces.
Price action previously rallied strongly after touching this level.
📦 Supply to Demand Play
Price made a sharp bullish move from support to resistance (📘 blue box shows the impulsive move).
After reaching resistance, the price is failing to break above, indicating possible exhaustion of bullish momentum.
📉 Potential Move:
🔽 Short-Term Bearish Bias
If price fails to hold current levels and breaks below the small consolidation (after blue box), we may see a drop to ~$105,583 (🔵 purple line = key level).
If that breaks, next likely destination is the support zone around $102,000 (⬇️ downward arrow path).
⚠️ Risk Notes:
🔁 Watch for any false breakouts or liquidity grabs above resistance.
📉 If bearish momentum increases below $105,583, sellers may take control in the short term.
✅ Trade Idea (Hypothetical):
Sell/Short near resistance (⚠️ confirmation needed like bearish engulfing or failed breakout)
Target 1: $105,583
Target 2: $102,000 zone
Stop-loss: Above $111,800 (invalidates setup)
📌 Summary:
BTC/USD is currently stuck between a well-defined resistance and support range. Unless bulls break above $111,800 with strong momentum, the structure favors a potential pullback toward the demand zone. ⚖️