Bitcoin has displayed a textbook bearish market structure with a clear Change of Character followed by consecutive Breaks of Structure. The recent retracement into the POI appears to have served as a distribution phase before another leg lower.
SMC Outlook:
* Bearish CHOCH confirmed.
* POI successfully respected.
* Lower highs and lower lows intact.
* Sell-side liquidity remains the primary target.
A continuation below recent lows could accelerate selling pressure toward major liquidity pools around 52k and 44.5k.
Not Financial Advice
SMC Outlook:
* Bearish CHOCH confirmed.
* POI successfully respected.
* Lower highs and lower lows intact.
* Sell-side liquidity remains the primary target.
A continuation below recent lows could accelerate selling pressure toward major liquidity pools around 52k and 44.5k.
Not Financial Advice
Trader & Market Analyst
XAUUSD | Price Action | SMC
Educational analysis only
Not financial advice
Join Telegram for https://updateshttps://t.me/+VDolFD8_K7phNGZk
XAUUSD | Price Action | SMC
Educational analysis only
Not financial advice
Join Telegram for https://updateshttps://t.me/+VDolFD8_K7phNGZk
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Trader & Market Analyst
XAUUSD | Price Action | SMC
Educational analysis only
Not financial advice
Join Telegram for https://updateshttps://t.me/+VDolFD8_K7phNGZk
XAUUSD | Price Action | SMC
Educational analysis only
Not financial advice
Join Telegram for https://updateshttps://t.me/+VDolFD8_K7phNGZk
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.