#BTCUSDT
Bitcoin is currently displaying bearish momentum following a parabolic rounding top pattern, leading to a decisive break below the $81,000 support zone.
🔍 Technical Analysis:
📉 Breakdown from Support: BTC failed to hold its key support and is now facing a lower high rejection, confirming further downside.
📈 Potential Retest: Expecting a retest of the $81,000 area before continuing lower.
📊 Targeting $78K - $77.5K: This area is a critical demand zone where we could see buying interest and potential reversal signs.
📌 Trading Plan:
Short Scenario:
🔻 Entry: Retest near $81,000 - $81,200
🔻 Stop Loss: Above $82,000
🔻 Take Profit: $78,000 - $77,500
Long Scenario (If BTC Rebounds):
🔹 Look for bullish signs near $78K
🔹 Possible bounce back towards $80K+
🧐 Market Sentiment:
🔺 Bullish if: BTC holds $78K and reclaims $81K.
🔻 Bearish if: BTC loses $77.5K, opening the door to $75K next.
What’s your outlook? Comment below! 🚀📉
Bitcoin is currently displaying bearish momentum following a parabolic rounding top pattern, leading to a decisive break below the $81,000 support zone.
🔍 Technical Analysis:
📉 Breakdown from Support: BTC failed to hold its key support and is now facing a lower high rejection, confirming further downside.
📈 Potential Retest: Expecting a retest of the $81,000 area before continuing lower.
📊 Targeting $78K - $77.5K: This area is a critical demand zone where we could see buying interest and potential reversal signs.
📌 Trading Plan:
Short Scenario:
🔻 Entry: Retest near $81,000 - $81,200
🔻 Stop Loss: Above $82,000
🔻 Take Profit: $78,000 - $77,500
Long Scenario (If BTC Rebounds):
🔹 Look for bullish signs near $78K
🔹 Possible bounce back towards $80K+
🧐 Market Sentiment:
🔺 Bullish if: BTC holds $78K and reclaims $81K.
🔻 Bearish if: BTC loses $77.5K, opening the door to $75K next.
What’s your outlook? Comment below! 🚀📉
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.