BTC – DEJAVU Pattern: Top Formation or Next Leg Higher?
Idea Description
Bitcoin is showing a DEJAVU pattern similar to previous bull run tops, with price structure replicating past cycle behavior. The critical level to watch is 111,900 on the daily timeframe.
A close below 111,900 could open the door for a dip toward 101,000 and possibly 93,000 if weakness continues.
However, if BTC defends this level and reclaims 116,500–118,000, the bearish outlook is invalidated, and we may see a push back toward 124,000+.
BTC is at a make-or-break zone, and upcoming daily closes will decide whether this is a distribution top or a continuation setup. Traders should stay flexible and manage risk accordingly.
What do you think?
Is BTC forming a cycle top here, or is this just a healthy correction before another leg up?
Share your thoughts and let’s see which side the community is leaning toward
📊 Quick Poll:
Do you think BTC is at a Top or setting up for Continuation?
✅ Top
🚀 Continuation
Vote with your emoji
#BTC #Bitcoin #Crypto #CryptoTrading #BTCUSD #TradingView #CryptoAnalysis #BitcoinUpdate #PriceAction #CryptoMarket
Idea Description
Bitcoin is showing a DEJAVU pattern similar to previous bull run tops, with price structure replicating past cycle behavior. The critical level to watch is 111,900 on the daily timeframe.
A close below 111,900 could open the door for a dip toward 101,000 and possibly 93,000 if weakness continues.
However, if BTC defends this level and reclaims 116,500–118,000, the bearish outlook is invalidated, and we may see a push back toward 124,000+.
BTC is at a make-or-break zone, and upcoming daily closes will decide whether this is a distribution top or a continuation setup. Traders should stay flexible and manage risk accordingly.
What do you think?
Is BTC forming a cycle top here, or is this just a healthy correction before another leg up?
Share your thoughts and let’s see which side the community is leaning toward
📊 Quick Poll:
Do you think BTC is at a Top or setting up for Continuation?
✅ Top
🚀 Continuation
Vote with your emoji
#BTC #Bitcoin #Crypto #CryptoTrading #BTCUSD #TradingView #CryptoAnalysis #BitcoinUpdate #PriceAction #CryptoMarket
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.