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We missed the initial push, price moved aggressively and didn’t give a clean pullback entry
Momentum is clearly strong right now. If BTC sustains this velocity and holds above the recent breakout zone, there’s a solid chance we see $70K before weekly close.
Just like anticipated, price respected the breakdown and continued lower.
Structure remains weak and momentum is still favoring sellers.
No need to fight the tape. The bias stays bearish until price proves otherwise with a strong reclaim and shift in structure. Until then, rallies are likely to be sell opportunities. Good luck.
Just like anticipated, price respected the breakdown and continued lower.
Structure remains weak and momentum is still favoring sellers.
No need to fight the tape. The bias stays bearish until price proves otherwise with a strong reclaim and shift in structure. Until then, rallies are likely to be sell opportunities. Good luck.
The crypto market is softer today with BTC correcting lower on broader risk off sentiment.
Bitcoin sliding below key levels around $65K was driven partly by macro uncertainty and profit taking from recent highs.
What you should watch?
Near-term: the market remain bearish while price remains under the $67K–$68K resistance cluster and failed to reclaim higher levels.
Structure watch: A sustained break below the $64K handle increases the probability of further correction toward the $60K psychological floor.
Reversal trigger: A reclaim and hold above $68K–$70K with volume would ease bearish pressure and open room for recovery.
Note: Price currently reflects selling momentum, but we had a decent week of rebounds for a week that could have sold off more if the markets were more sensitive to bad news. However, headlines are stirring back up talks of Iran so we’ll see if geopolitical news is enough along with tariff changes to push fear even lower in the markets.
The crypto market is softer today with BTC correcting lower on broader risk off sentiment.
Bitcoin sliding below key levels around $65K was driven partly by macro uncertainty and profit taking from recent highs.
What you should watch?
Near-term: the market remain bearish while price remains under the $67K–$68K resistance cluster and failed to reclaim higher levels.
Structure watch: A sustained break below the $64K handle increases the probability of further correction toward the $60K psychological floor.
Reversal trigger: A reclaim and hold above $68K–$70K with volume would ease bearish pressure and open room for recovery.
Note: Price currently reflects selling momentum, but we had a decent week of rebounds for a week that could have sold off more if the markets were more sensitive to bad news. However, headlines are stirring back up talks of Iran so we’ll see if geopolitical news is enough along with tariff changes to push fear even lower in the markets.
The crypto market is softer today with BTC correcting lower on broader risk off sentiment.
Bitcoin sliding below key levels around $65K was driven partly by macro uncertainty and profit taking from recent highs.
What you should watch?
Near-term: the market remain bearish while price remains under the $67K–$68K resistance cluster and failed to reclaim higher levels.
Structure watch: A sustained break below the $64K handle increases the probability of further correction toward the $60K psychological floor.
Reversal trigger: A reclaim and hold above $68K–$70K with volume would ease bearish pressure and open room for recovery.
Note: Price currently reflects selling momentum, but we had a decent week of rebounds for a week that could have sold off more if the markets were more sensitive to bad news. However, headlines are stirring back up talks of Iran so we’ll see if geopolitical news is enough along with tariff changes to push fear even lower in the markets.
Done for today. Two stop-losses. The real ones know it hardly happens here.
I’ve hit my daily trade limit, and discipline comes first. No revenge trades, no forcing setups.
We reset, review, and come back sharper tomorrow.
Done for today. Two stop-losses. The real ones know it hardly happens here.
I’ve hit my daily trade limit, and discipline comes first. No revenge trades, no forcing setups.
We reset, review, and come back sharper tomorrow.