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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.