BTCDOWNUSDT trade ideas
Bitcoin at PRZ! Is This the Calm Before a Drop?As I expected in yesterday's idea , Bitcoin ( BINANCE:BTCUSDT ) started to rise from near the Support line and hit the Target .
Bitcoin is trading near the Potential Reversal Zone(PRZ) , the upper line of the ascending channel(minor) , and the Resistance line .
In terms of Elliott Wave theory , it seems that Bitcoin has successfully completed the microwave B of the main wave 4 in the ascending channel(minor). A break of the lower line of the ascending channel(minor) could be a sign of the completion of this wave. The corrective structure of the main wave 4 so far could be a Zigzag(ABC/5-3-5) .
I expect Bitcoin to drop to at least $100,923 AFTER breaking the lower line of the ascending channel(minor) and breaking the Support line, the next target could be the lower line of the ascending channel(major) .
Cumulative Short Liquidation Leverage: $106,943-$105,913
Cumulative Short Liquidation Leverage: $105,525-$104,500
Cumulative Long Liquidation Leverage: $100,763-$99,774
Note: If Bitcoin goes above $105,300, we can expect more pumps.
Note: If Bitcoin touches $99,400, we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TradeCityPro | Bitcoin Daily Analysis #84👋 Welcome to TradeCity Pro!
Let’s dive into the analysis of Bitcoin and major crypto indices. As usual, I’m going to review the New York futures session triggers for you.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, yesterday after news of tensions between India and Pakistan, Bitcoin moved upward and made a sharp rally to the 97409 zone, returning once again to this high.
📰 This news created fear in the market, and the buying that occurred was driven by fear and news impact. In my opinion, this bullish leg won’t be sustainable in the long term unless the price stabilizes above the 97409 level and starts a new upward leg.
✨ If the 97409 level is broken, we can enter a long position since it aligns with the current bullish trend, and we can position ourselves for the breakout with a wide stop-loss.
✔️ But make sure your stop-loss is wide and placed below the market’s main support because a significant resistance is being broken, and there's a high chance of volatility before the market actually moves upward. A tight stop-loss may get triggered before the actual rally begins.
💥 A momentum confirmation for today’s long position could be RSI entering the Overbuy zone, and if that happens, the chances of breaking 97409 increase significantly.
📉 For a short position, we should wait and see how the news impact plays out in the market. If it turns out to be driven by FOMO, naturally in the next few days, the price may move back down, and we could enter short positions on breaks of levels like 95370 or 93626.
👑 BTC.D Analysis
Let’s move to Bitcoin Dominance. Yesterday, dominance stabilized above the 64.91 level and managed to move up to 65.25.
🎲 Currently, Bitcoin is a much better option for long positions since dominance is rising, and even breaking 65.28 would confirm another bullish leg in dominance, potentially pushing it toward the top of the channel.
📅 Total2 Analysis
Let’s analyze Total2. Yesterday, this index faked a breakdown below 1.01 and simultaneously moved upward with the news, now reaching the 1.03 zone. A break of this zone could confirm a bullish move toward 1.05.
⭐ The main trigger for a long position remains the break of 1.05, and I strongly recommend being positioned if that level is broken.
🔽 For a short position, you can still enter on a break of 1.01 — I still think it’s a valid trigger.
📅 USDT.D Analysis
Now for USDT Dominance: yesterday, this index also faked a move above the 5.20 level and has since dropped to 5.04.
💫 Activation of the 5.04 trigger could be confirmation for a long position and a sign of USDT dominance starting to decline. The main trigger remains the break of the 4.99 bottom.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
BTCUSD – Multi-TF Bearish SFP & Fib Retrace Before ATH Rebound
Bearish SFP printed on 4H / 8H / 12H / 1D at $103 345 – $104 985 after a parabolic ~$94 k → $104 k run and multiple rejections at $104 k–$106 k resistance.
Trump tariff-cut announcement sparked a sharp spike into resistance that was quickly sold off, confirming heavy supply at $104 k – $106 k.
Baseline plan: drop to 0.786 Fib ~$102 586, then 0.618 Fib ~$100 613, before a push toward the ATH ~$109 588.
Trade Setups
Short – SFP Breakdown
Trigger: 4H close below $103 345
Entry: ≈ $103 300 on retest
SL: $105 500 (above swing high)
TP1: 0.786 Fib ≈ $102 586 RR ≈ 0.7
TP2: 0.618 Fib ≈ $100 613 RR ≈ 2.6
Long – Fib Rebound
Trigger: Bullish reversal at 0.618 Fib / FVG cluster ≈ $100 613
SL: $99 300 (below FVG)
TP1: SFP top / range high ≈ $104 145 RR ≈ 2.7
TP2: ATH ≈ $109 588 RR ≈ 6.8
TradeCityPro | Bitcoin Daily Analysis #90👋 Welcome to TradeCity Pro!
Let’s dive into Bitcoin and major crypto indices analysis. As usual, I’ll walk you through the key triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see, the price has found support at the 101,628 level and is now moving back up toward the 104,866 resistance.
⭐ The first trigger for a long position was the breakout of 102,882, which confirmed the activation of a double bottom pattern and could’ve been a good entry point for a long.
✔️ The next key triggers are at 104,866 and 106,247. If you don’t already have a position open, you can enter on a breakout above these levels—but keep in mind it’s risky since there’s a strong supply zone nearby.
💥 From the RSI oscillator, a breakout above 57.41 can serve as confirmation of bullish momentum. In that case, you can take on more risk in long positions.
📉 For short positions, the first trigger is the breakdown of 101,628. If the price sets a lower high below 104,866, you can consider entering a short on the break of 101,628.
👑 BTC.D Analysis
Moving on to Bitcoin dominance—yesterday, dominance made a fakeout to the downside but came back above 62.65.
⚡️ To continue its downtrend, we can use 62.65 as the bearish trigger again. For a bullish confirmation, the next trigger is a breakout above 63.61.
📅 Total2 Analysis
Total2 had a pullback to 1.18 and is now heading back toward 1.24.
✨ We’ll confirm bullish continuation on a breakout above 1.24, and this can be used as a trigger for long positions.
🔽 For shorts, if the price prints a lower high under 1.24, a risky short could be considered on a breakdown below 1.18.
📅 USDT.D Analysis
Now looking at Tether dominance—like I mentioned yesterday, we were watching the 4.51 level for confirmation. That level held as support and blocked further Bitcoin upside.
🔔 Currently, a breakdown below 4.51 would confirm bearish continuation. If 4.70 breaks to the upside instead, we get confirmation of a deeper market correction.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Lingrid | BTCUSDT potential PATHWAY to New All-Time HIGHBINANCE:BTCUSDT is testing the upper boundary of its breakout structure after reclaiming the $100,000 level and pushing above the blue upward trendline. The broader uptrend remains intact as price forms a higher low within the ascending channel and sets sights on fresh highs. Price action remains bullish with room for upside continuation if BTC holds above the breakout zone.
📌 Key Levels
Support zone: $98,000 - $100,000 (prior breakout and trendline retest)
Breakout target: $118,760 (resistance area top)
Invalidation level: Below $98,000 (break of structure + channel midline)
⚠️ Risks
Strong resistance lies just above ATH; could lead to rejection
Consolidation under resistance may delay breakout
Weekly close below $100,000 could shift momentum short-term
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
BTCUSDT Technical Analysis📊 BTCUSDT Technical Analysis – May 11, 2025
Hello traders! 👋
Here’s a fresh technical analysis on the BTC/USDT pair using the 1D timeframe. The chart highlights key supply and demand zones, harmonic structure, and two potential price scenarios for the coming weeks.
📌 Key Levels:
Support Zone: 86,191 – 88,909 USDT
Mid-Resistance: 91,978 USDT
Major Resistance Area: 105,371 – 108,458 USDT
🔍 Technical Overview:
After forming a strong bottom around 76,560, BTC reversed and surged upwards, filling the Fair Value Gap (FVG) created earlier.
Price is now testing a critical supply zone. A rejection from here may lead to a pullback, possibly toward the 86k–89k range.
If the support zone holds, it may act as a springboard for a new bullish wave targeting 105k and beyond.
🧭 Possible Scenarios:
Rejection at Resistance: Consolidation or pullback from the 105k–108k zone followed by downward movement.
Support Bounce: Rebound from 86k–89k support area leading to renewed bullish momentum.
Sideways Action: Short-term consolidation in the current price range before direction is confirmed.
💬 What’s your outlook for BTC at this stage? Are you expecting a breakout or a pullback? Share your thoughts in the comments!
🔔 Stay tuned for more updates and trade safely!
my idea about btc in secound half of 2025Dear followers,
I’ve analyzed BTC’s recent price movements and on-chain indicators, and I’d like to share my outlook for the second half of 2025. Based on my technical and macroeconomic assessment, I anticipate a significant correction before a strong rebound later in the year.
Key Highlights:
Sell Zone: I expect BTC to reach around $108,000 during a bullish run, where I recommend taking profits and initiating a short position.
Correction Phase: Following the peak, I foresee a correction bringing BTC down to approximately $69,000. This presents a deep buy opportunity for those looking to accumulate at lower levels.
Target for Rebound: Post-correction, I project a strong rally towards $140,000, driven by renewed institutional interest and market fundamentals.
Trading Strategy:
Consider selling or reducing holdings near the $108K level.
Be prepared to accumulate during the dip around $69K.
Aim for the $140K target on the rebound, aligned with overall bullish momentum.
Please note that all trading involves risk, and it's essential to manage your positions carefully. Stay tuned for updates, and always do your own research before making trading decisions.
Let me know your thoughts or if you'd like a deeper analysis!
BTC - New Short-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈BTC has been overall bullish trading within the rising channel marked in blue.
Moreover, the green zone is a strong demand and structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.
📚 As per my trading style:
As #BTC retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BITCOIN I Weekly CLS, KL OB,Model 1 I Target 50% of CLSAs investor Im longterm bullish , but from the trader perspective my system says short.
Hey, Market Warriors, here is another outlook on this instrument
If you’ve been following me, you already know every setup you see is built around a CLS range, a Key Level, Liquidity and a specific execution model.
If you haven't followed me yet, start now.
My trading system is completely mechanical — designed to remove emotions, opinions, and impulsive decisions. No messy diagonal lines. No random drawings. Just clarity, structure, and execution.
🧩 What is CLS?
CLS is real smart money — the combined power of major investment banks and central banks moving over 6.5 trillion dollars a day. Understanding their operations is key to markets.
✅ Understanding the behaviour of CLS allows you to position yourself with the giants during the market manipulations — leading to buying lows and selling highs - cleaner entries, clearer exits, and consistent profits.
🛡️ Models 1 and 2:
From my posts, you can learn two core execution models.
They are the backbone of how I trade and how my students are trained.
📍 Model 1
is right after the manipulation of the CLS candle when CIOD occurs, and we are targeting 50% of the CLS range. H4 CLS ranges supported by HTF go straight to the opposing range.
📍 Model 2
occurs in the specific market sequence when CLS smart money needs to re-accumulate more positions, and we are looking to find a key level around 61.8 fib retracement and target the opposing side of the range.
👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
⚔️ Listen Carefully:
Analysis is not trading. Right now, this platform is full of gurus" trying to sell you dreams based on analysis with arrows while they don't even have the skill to trade themselves.
If you’re ever thinking about buying a Trading Course or Signals from anyone. Always demand a verified track record. It takes less than five minutes to connect 3rd third-party verification tool and link to the widget to his signature.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
BTC: Potential Dip into FVGs Before New ATHBitcoin has rocketed from ~$94 000 to ~$103 250 in just days and is now consolidating between $102 364–$104 145. A Swing Failure Pattern at the top suggests a corrective pullback into one of three Fair Value Gaps aligned with key Fibonacci retracements, before the next leg up toward a fresh all-time high. This setup uses structure, inefficiency zones, and Fib levels to pinpoint high-probability entries.
📊 Chart Breakdown
1. Current Picture: Consolidation & Warning ⚠️
- Range: $102 364 – $104 145
- Swing Failure Pattern (SFP): Price briefly wicks above $104 145 to grab liquidity, then reverses. This classic liquidity hunt often precedes a deeper retrace as late bulls are stopped out.
2. Fair Value Gaps (FVGs) – Untested Support Zones 🌊
FVGs are rapid imbalance areas where price left gaps in the order book. These zones act like magnets, drawing price back to “fill” inefficiencies.
FVG 1 (Nearest): $101 700 – $102 364
FVG 2 (Mid-Zone): $99 900 – $100 600
FVG 3 (Deepest): $97 400 – $98 700
3. Fibonacci Confluences (from $93 377 → $104 145) 📏
Fibonacci retracement levels often align with FVGs to form confluence support—ideal for swing entries.
0.786 Fib @ $101 840.65: Sits squarely in FVG 1, a high-probability bounce zone.
0.618 Fib @ $100 031.62: Golden Ratio within FVG 2, offering strong support.
0.5 Fib @ $98 761 & 0.382 Fib @ $97 490.38: Cover top and mid-lower FVG 3 for a deep corrective entry.
📈📉 Navigating the Next Moves: Key Trade Scenarios 🧭
Given the current structure, with the SFP indicating a potential short-term top and strong FVG/Fibonacci confluences below, here are two primary scenarios we can watch for:
Scenario 1: The Short-Term Pullback Play (Short Position 📉🐻)
Concept: Capitalizing on the SFP at the consolidation high (~$104,145) to trade the anticipated dip towards the FVG/Fibonacci support clusters.
Aggressive Entry: Look for entries around $103,500 – $103,900 if price retests the upper part of the consolidation after the SFP, showing weakness.
Conservative Entry: A break below the consolidation low (~$102,364) could offer a confirmation entry, potentially on a retest of this broken level as resistance.
Stop-Loss 🛑: Place above the SFP high, e.g., $104,450 – $104,650, to protect against a false breakdown.
Profit Targets (FVG Zones) 🎯
TP1: The top of FVG 1 / 0.786 Fib area (~$102,300 – $101,840). This zone is critical.
TP2: The FVG 2 / 0.618 Fib area (~$100,600 – $100,030) if TP1 is breached with momentum.
Trade Management & Considerations 🤔:
Entry Confirmation: Watch for bearish price action on lower timeframes (e.g., 15m/1H rejection wicks, bearish engulfing) near the SFP high.
Profit Taking: Consider taking partial profits at TP1. The reaction here is crucial.
Reversal/Close Short: If price enters TP1 and shows strong bullish rejection (large wicks, engulfing bull candles, volume spike), close the short and prepare to flip to the long scenario.
Holding for TP2: If price slices through TP1 with sustained bearish pressure, trail your stop above TP1 once it’s clearly broken.
Invalidation: If price reclaims and holds above $104,650, the short thesis is invalidated.
Scenario 2: The FVG Rebound & Rally (Long Position 📈🐂)
Concept: Entering on the expectation that one of the FVG/Fibonacci confluence zones will hold as support, leading to a rebound and continuation of the larger uptrend.
Potential Entry Zones 📍:
Zone A (Primary): FVG 1 / 0.786 Fib area ($101,700 – $102,364, sweet spot ~$101,840).
Zone B (Secondary): FVG 2 / 0.618 Fib area ($99,900 – $100,600, sweet spot ~$100,030).
Stop-Loss 🛑:
If entering in Zone A: Place below FVG 1, e.g., $101,350 – $101,150.
If entering in Zone B: Place below FVG 2, e.g., $99,600 – $99,400.
Profit Targets 🎯:
TP1: Back to the consolidation high / SFP area (~$104,145).
TP2: The key resistance zone ($104,675 – $106,500).
TP3 (Ultimate): The All-Time High ($109,588).
Trade Management & Considerations 🤔:
Entry Confirmation: Do not blindly enter. Wait for price to enter your chosen FVG zone AND then show clear bullish confirmation on lower timeframes (e.g., 1H/4H bullish engulfing, hammer, RSI divergence).
Zone Prioritization: Zone A is the first test. If it fails and breaks down, Zone B becomes the next area of interest.
Profit Taking & Scaling Out: Take partial profits at TP1 and again at TP2 to secure gains.
Risk Reduction: After TP1 is hit, move your stop-loss to breakeven or slightly in profit.
Invalidation: A decisive break below $99,400 invalidates the bounce thesis and suggests a deeper correction.
🎯 Execution Notes
- Patience & Confirmation: Avoid “blind” entries. Seek volume confirmation and clear reversal candle patterns on 1H/4H charts.
- Risk Management: Define stops before entry and size positions to risk no more than 1–2% per trade.
- Additional Signals: Watch for bullish RSI/RSI-MFI divergences or a turn in on-balance volume at support zones.
Disclaimer: This is for educational/informational purposes only and not financial advice. Crypto trading carries high risk—always DYOR and consult a qualified advisor.
What’s your take? Which FVG/Fib level will hold? Share your insights below!
BTC/USD) bullish trend analysis Read The ChaptianSMC Trading point update
Technical(BTC/USDT) analysis outlines a bullish outlook with key technical levels and scenarios. Here's a breakdown of the idea:
Key Observations:
1. Trend Break and CHoCH (Change of Character):
The chart shows a clear break of the downtrend, confirmed by the CHoCH label — a common Smart Money Concept (SMC) signal indicating a potential trend reversal from bearish to bullish.
2. Key Zones Highlighted:
EVC-Buying Zone: Around 86,000 – 88,000 (aligned with EMA 200), marked as a strong accumulation area.
New Support Level: Around 92,000 – 93,000, potentially forming a bullish support after the recent rally.
Resistance Levels: Two major resistance zones near:
99,600 (intermediate resistance and target)
106,400 (final target)
3. RSI Indicator:
RSI is near 64, indicating strong momentum but not yet overbought — a potential sign of further upside.
4. Two Bullish Scenarios:
Scenario 1 (Aggressive Bullish): BTC continues upward from the current level and breaks above resistance toward the 106,447 target.
Scenario 2 (Retracement Bullish): BTC dips to the new support or even into the buying zone (86–88k), then rebounds to reach the same targets.
Mr SMC Trading point
---
Idea Summary:
The chart suggests bullish continuation, with potential pullbacks into strong demand zones. It supports both breakout and retracement entries, with targets at 99,632 and 106,447. If price holds above EMA 200 and RSI remains supportive, the upside thesis remains valid.
Pales support boost 🚀 analysis follow)
Bitcoin BTC price analysis - READ the text !There was some positive news: "The US and China have agreed to reduce tariffs for 90 days."
The price of CRYPTOCAP:BTC has entered the zone of total sales - $105-110 thousand.
🕯 Metrics show that large wallets are now opening short positions worth hundreds of millions of dollars, and on the other hand, no less large wallets that organized this rebound in the OKX:BTCUSDT price are very tempted to launch the final stage of cascading liquidations of shorts.
🍿 So, stock up on popcorn - it's going to be "fun" today/tomorrow, and then we'll go to the stronger side!)
Globally, before the growth wave begins, we want to see the final "shake-up" of the longs who have survived everything and still held their positions and didn't give up.
1️⃣ Weak correction in the range of $90-91k - to close the GAP that formed on this rebound and then continue to confidently update ATH with a clear conscience.
2️⃣ A strong correction to the range of $80-82k - during which it will be very interesting to watch the capital flow and dominance.
Which scenario is closer to your heart? Write in the comments!
_____________________
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BTC Short Setup – High Leverage Precision Trade (30x)Description:
Shorting BTC with a tight strategy and calculated risk:
Entry: $105,200
Leverage: 30x
Margin: $400
🎯 Targets:
TP1: $104,600 → Book 25%
TP2: $102,800 → Book 50%
TP3: $10,000 → Close Remaining
⚠️ High-risk, high-reward play. Use proper risk management.
Bitcoin ($BTC) Technical Outlook – Weekly Chart
As long as BTC holds above the $90K–$93K support range, the structure remains bullish with strong upside potential. The $124K and $146K levels represent logical Fibonacci-based extension targets for the next macro leg.
🎯 Target Levels:
T1: $124,147
T2: $146,303
@RosePremiumm
Bitcoin (BTC): We Reached Liquidity Line | Important Zone!Once again, Trump is at his finest, tweeting about another economic news (major trade deals), which pushed decent volatility into the markets, which led Bitcoin to an important liquidity zone near the $100K area.
We are going to monitor this zone now and once we see any clear signs of proper breakout or rejection, we will be looking for direction based on reaction, but as of now we are stuck at that area so as long as we have not broken it fully, we are looking for rejection from here. Let's see.
Swallow Academy
Bitcoin Still Stuck in Resistance – Eyes on CME Gaps & USDT.D%Bitcoin ( BINANCE:BTCUSDT ) touched $92,830(first target) and started to rise as I expected in the previous idea . Overall, Bitcoin has been moving in a range for about 12 days .
Note : In general, trading in a range market is more difficult than in a trending market . If your performance in a range market is not good, it is better not to trade until the trend is clear (this is just a suggestion).
Bitcoin is currently trading at a Heavy Resistance zone($95,950-$88,500) and has failed to break through it, and it seems like Bitcoin needs more momentum to break through this zone. Do you think Bitcoin will finally break through the Heavy Resistance zone($95,950-$88,500)?
In terms of Elliott Wave theory , it appears that Bitcoin has completed a five-wave impulsive and we should expect Corrective waves .
The analytical conditions of the Bitcoin chart have been a bit ambiguous in the past few days, so it's better to take a look at the USDT.D% ( CRYPTOCAP:USDT.D ) chart to increase the accuracy of Bitcoin analysis .
USDT.D% failed to break the Support zone(5.13%-4.95%) after several attacks. It currently appears to be forming an Ascending Broadening Wedge Pattern . It appears that USDT.D% needs to complete this pattern to break the support zone, and if this pattern fails , we should expect further increases =Bitcoin crash .
I expect Bitcoin to decline to the Support zone($92,910-$91,414) , 21_SMA(Weekly) and Cumulative Long Liquidation Leverage($93,359-$92,296) and probably fill the CME Gap($92,525-$91,415) this time and then start to rise and prepare to break the Heavy Resistance zone($95,950-$88,500) and fill the CME Gap($97,680-$96,455) .
Cumulative Short Liquidation Leverage: $98,989-$97,924
Note: If Bitcoin breaks below the Support zone($92,910-$91,414), we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC Crossroads: Will Tariff News Trigger a Counter-Trend Move?Given the recent easing of US-China tariff tensions, Bitcoin may consolidate or experience a slight pullback as capital rotates into equities. The resulting strength in the US dollar could further contribute to a Bitcoin retracement. I'm watching for a potential counter-trend setup, specifically a short entry on a break of market structure. However, this scenario is contingent on the price action unfolding as described in the video; otherwise, the idea will be invalidated.
Not financial advice.
BTC - Upcoming bearish trendI think we are topping. Why?
The wave structure terminating the low is a 3 wave structure... or as it appears to me atleast.
For a trend to truly be a convincing reversal, we should be seeing a 5 wave structure indicating the end of the wave structure.
This is complex and the overall bullish sentiment makes me believe that we will top sooner or later.
BTCUSDT: Drops Towards $53000 region may help us hitting $80000.BINANCE:BTCUSDT price currently in making of AB=CD pattern, it is likely to touch and reject at the $53000 which area remain crucial for most of the swing investors. The following news we can significant impact in the crypto market also 50k to 53k area remain extremely bullish. With accurate entry at 530000 area when we can target 80-100k possibly.