In my previous BTC analysis — right before the flash crash — I mentioned that I was struggling to maintain my bullish stance, and that only a break back above 118k would restore confidence. In fact, I leaned toward a bearish bias, and the recent price action has confirmed those concerns.
The market has repeatedly failed to reclaim the 118k zone, continuing to drift lower toward 106–107k support.
As I’ve explained multiple times, when I see this kind of movement — price coming back to the same support again and again — it’s hard to believe that the market is doing it so we can all buy and profit.
Usually, this pattern acts as a trap, luring in buyers before a final breakdown.
That’s the scenario I’m watching once again.
Technical Levels:
- Resistance: 118k (major cap)
- Support: 106–107k (key zone)
- Interim level: 100k (psychological)
- Target on breakdown: 90k
My selling zone is between 113–115k, as I expect any bounce into this area to meet renewed selling pressure.
The market has repeatedly failed to reclaim the 118k zone, continuing to drift lower toward 106–107k support.
As I’ve explained multiple times, when I see this kind of movement — price coming back to the same support again and again — it’s hard to believe that the market is doing it so we can all buy and profit.
Usually, this pattern acts as a trap, luring in buyers before a final breakdown.
That’s the scenario I’m watching once again.
Technical Levels:
- Resistance: 118k (major cap)
- Support: 106–107k (key zone)
- Interim level: 100k (psychological)
- Target on breakdown: 90k
My selling zone is between 113–115k, as I expect any bounce into this area to meet renewed selling pressure.
액티브 트레이드
BTC dropped to 100k, even a little under.Now the focus is shifting to the important 90k
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
