๐ Technical Overview
๐ธ Asset: Bitcoin (BTC/USDT Perpetual Futures)
๐ธ Exchange: Binance
๐ธ Timeframe: 30-Minute Chart
๐ธ Key Structure: Parabolic Curve Breakdown
๐ Bearish Breakdown & Potential Support
Bitcoin has broken below a curved trendline, indicating that the bullish momentum is cooling off. The current price action suggests a pullback to a major liquidity zone around $78,000 - $79,000, where buyers may step in.
๐ Reversal Area & Buying Opportunity
The marked Reversal Area (gray box) is a high-probability demand zone.
A reaction here (wick rejections, bullish engulfing candles) could signal a long opportunity.
Invalidation: If BTC breaks below $77,500, more downside is likely.
๐ฏ Trading Strategy
๐ Bearish Setup: Short-term pullback until Reversal Area ($78K-$79K)
๐ Bullish Setup: Wait for confirmation of demand absorption at Reversal Area
๐ Key Levels to Watch
๐น Support: $78,000 - $79,000
๐น Resistance: $82,500 - $83,000
๐ Conclusion
Bitcoin is at a critical juncture! A successful bounce at the Reversal Area could trigger another bullish leg, but if support fails, further downside is possible. Traders should remain cautious and watch volume trends closely.
๐ Like & Follow for More BTC Analysis! ๐
๐ธ Asset: Bitcoin (BTC/USDT Perpetual Futures)
๐ธ Exchange: Binance
๐ธ Timeframe: 30-Minute Chart
๐ธ Key Structure: Parabolic Curve Breakdown
๐ Bearish Breakdown & Potential Support
Bitcoin has broken below a curved trendline, indicating that the bullish momentum is cooling off. The current price action suggests a pullback to a major liquidity zone around $78,000 - $79,000, where buyers may step in.
๐ Reversal Area & Buying Opportunity
The marked Reversal Area (gray box) is a high-probability demand zone.
A reaction here (wick rejections, bullish engulfing candles) could signal a long opportunity.
Invalidation: If BTC breaks below $77,500, more downside is likely.
๐ฏ Trading Strategy
๐ Bearish Setup: Short-term pullback until Reversal Area ($78K-$79K)
๐ Bullish Setup: Wait for confirmation of demand absorption at Reversal Area
๐ Key Levels to Watch
๐น Support: $78,000 - $79,000
๐น Resistance: $82,500 - $83,000
๐ Conclusion
Bitcoin is at a critical juncture! A successful bounce at the Reversal Area could trigger another bullish leg, but if support fails, further downside is possible. Traders should remain cautious and watch volume trends closely.
๐ Like & Follow for More BTC Analysis! ๐
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.