Is Bitcoin Signaling Risk-Off? Structure Breakdown Explained
๐ฅ BTC/USD Outlook โ Is Bitcoin Losing Steam? ๐ง ๐
I'm keeping a close watch on Bitcoin (BTC/USD) this week, and the current price action is flashing some key signals.
๐ Over the past several sessions, BTC has struggled to hold momentum, and weโre now seeing a shift in tone. On the 4-hour timeframe, the market structure is tilting bearish, with a pattern of lower highs and lower lows developing โ a classic sign of weakness โ ๏ธ๐.
๐ The most recent downside leg has caused a clear break in structure, and BTC is now retracing back into a potential supply zone, hovering around equilibrium of the recent move. This zone will be critical to watch for signs of seller re-entry.
โณ On the 30-minute chart, Iโm waiting for a decisive shift in structure โ a break of local support or a failed rally that confirms bearish continuation. Should that play out, it could signal a high-probability short setup.
๐ช A breakdown in BTC often has broader implications โ especially in the risk asset space. If we see weakness here, JPY pairs may strengthen as capital rotates into safer assets ๐ด๐.
โ ๏ธ Disclaimer:
This is not financial advice. The information provided is for educational purposes only. Please conduct your own analysis and consult a licensed professional before making any investment decisions. ๐๐ผ
I'm keeping a close watch on Bitcoin (BTC/USD) this week, and the current price action is flashing some key signals.
๐ Over the past several sessions, BTC has struggled to hold momentum, and weโre now seeing a shift in tone. On the 4-hour timeframe, the market structure is tilting bearish, with a pattern of lower highs and lower lows developing โ a classic sign of weakness โ ๏ธ๐.
๐ The most recent downside leg has caused a clear break in structure, and BTC is now retracing back into a potential supply zone, hovering around equilibrium of the recent move. This zone will be critical to watch for signs of seller re-entry.
โณ On the 30-minute chart, Iโm waiting for a decisive shift in structure โ a break of local support or a failed rally that confirms bearish continuation. Should that play out, it could signal a high-probability short setup.
๐ช A breakdown in BTC often has broader implications โ especially in the risk asset space. If we see weakness here, JPY pairs may strengthen as capital rotates into safer assets ๐ด๐.
โ ๏ธ Disclaimer:
This is not financial advice. The information provided is for educational purposes only. Please conduct your own analysis and consult a licensed professional before making any investment decisions. ๐๐ผ
๐ฅ๐๐ BUY/SELL SIGNALS TO BEAT VOLATILITY 20R PLUS Daily:
๐ youtu.be/MhB_dTMyXxM
๐ ๐Join Our DISCORD For MORE Trade Ideas & Info:
๐ discord.com/invite/PcBeCdwVQq
๐ youtu.be/MhB_dTMyXxM
๐ ๐Join Our DISCORD For MORE Trade Ideas & Info:
๐ discord.com/invite/PcBeCdwVQq
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.
๐ฅ๐๐ BUY/SELL SIGNALS TO BEAT VOLATILITY 20R PLUS Daily:
๐ youtu.be/MhB_dTMyXxM
๐ ๐Join Our DISCORD For MORE Trade Ideas & Info:
๐ discord.com/invite/PcBeCdwVQq
๐ youtu.be/MhB_dTMyXxM
๐ ๐Join Our DISCORD For MORE Trade Ideas & Info:
๐ discord.com/invite/PcBeCdwVQq
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.