Today we will assess Bitcoin, last night it pumped, lets see what's to expect.
Bitcoin is currently trading in a bullish retracement within a broader bearish structure, following a strong rejection from higher timeframe supply (~74.5k–75.5k) and the formation of a lower low around 67k.
Recent price action has been highly volatile and less predictable, largely due to ongoing US–Iran geopolitical tensions. This has already resulted in unexpected moves, including the sharp pump seen last night — reinforcing that the market is currently headline-driven rather than purely technical.
Key Confluence Zone
72.6k–72.9k (Golden Pocket 0.618–0.65)
Aligns with the Daily FVG
This area acts as a major resistance and decision point, with strong confluence for potential rejection.
Bullish Bias (Short-Term)
Current momentum supports a continuation higher into 72.6k–72.9k
If momentum remains strong, price could extend toward 74.5k supply
Bullish continuation is valid only if price breaks and holds above supply
Bearish Bias (Overall – Preferred)
Market structure remains bearish
Expectation:
price taps 72.6k–72.9k >> shows rejection
Targets:
70k
68k
Potential revisit of 67k liquidity
Bitcoin is likely pushing into a high-probability resistance zone (72.6k–72.9k), where the Golden Pocket aligns with the Daily FVG.
With current volatility driven by external news, the cleaner setup remains:
Sell the retracement into resistance, targeting continuation lower unless structure shifts bullish above supply.
Bitcoin is currently trading in a bullish retracement within a broader bearish structure, following a strong rejection from higher timeframe supply (~74.5k–75.5k) and the formation of a lower low around 67k.
Recent price action has been highly volatile and less predictable, largely due to ongoing US–Iran geopolitical tensions. This has already resulted in unexpected moves, including the sharp pump seen last night — reinforcing that the market is currently headline-driven rather than purely technical.
Key Confluence Zone
72.6k–72.9k (Golden Pocket 0.618–0.65)
Aligns with the Daily FVG
This area acts as a major resistance and decision point, with strong confluence for potential rejection.
Bullish Bias (Short-Term)
Current momentum supports a continuation higher into 72.6k–72.9k
If momentum remains strong, price could extend toward 74.5k supply
Bullish continuation is valid only if price breaks and holds above supply
Bearish Bias (Overall – Preferred)
Market structure remains bearish
Expectation:
price taps 72.6k–72.9k >> shows rejection
Targets:
70k
68k
Potential revisit of 67k liquidity
Bitcoin is likely pushing into a high-probability resistance zone (72.6k–72.9k), where the Golden Pocket aligns with the Daily FVG.
With current volatility driven by external news, the cleaner setup remains:
Sell the retracement into resistance, targeting continuation lower unless structure shifts bullish above supply.
Dagangan aktif
Looks like price has hit our entry and our targets of 70k.4hr FVG was filled perfectly and 70k was tapped perfectly.
Dagangan ditutup: sasaran tercapai
yay
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Penafian
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⭐Join our Discord server! 5k+ Members
discord.gg/bvKcQFMgva
⭐Exclusive - SIGN UP
bit.ly/3MiqA8E
⭐Join our MVP Vault-Access TG group
linktr.ee/BennyBag33
discord.gg/bvKcQFMgva
⭐Exclusive - SIGN UP
bit.ly/3MiqA8E
⭐Join our MVP Vault-Access TG group
linktr.ee/BennyBag33
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.