𝗠𝗔𝗥𝗞𝗘𝗧 𝗨𝗣𝗗𝗔𝗧𝗘 : 𝗨𝗣𝗖𝗢𝗠𝗜𝗡𝗚 𝗦𝗖𝗘𝗡𝗔𝗥𝗜𝗢!
🚨 "The Market is Always Right, but is it Honest?" 🚨
Altcoins needs a shakeout cause if dominance don't go down, they there will not be maximum potential for Sats.Bitcoin is currently at a critical point. While some traders are celebrating what seems to be a bounce in the daily candle (+1.02%), the bigger picture tells a different story. Let’s break this down:
1. Bearish Structure Still Intact
The monthly candle hasn’t closed above the long-term trend line (marked in orange). Until we see a solid breakout and confirmation on this higher timeframe, the bias remains bearish. Fake-out pumps like these have been common in a manipulated market, so stay cautious!
2. Fair Value Gap (FVG)
The price has dipped into the FVG zone but failed to rally convincingly, indicating weak buyer momentum. If this level breaks further, BTC could spiral downward, with a likely target at $83,169 (highlighted as the measured drop of -15.78%).
3. Symmetrical Triangle Breakdown
The triangle (orange lines) broke downward before retesting the trend line. This is a classic bearish continuation setup. The retest, coupled with rejection from the trend line, adds weight to the bearish narrative.
4. Market Manipulators at Play
The pump to $95,739 is likely a move to liquidate shorts and induce FOMO. The subsequent drop would then trap over-leveraged long traders. Watch how the big players control the game – don’t be fooled!
Key Takeaways:
📉 Monthly trend line holds bearish sentiment.
🛑 FVG zone is critical but weak so far – keep your eyes on the price action.
⚠️ Don’t let manipulators guide your trades. Stay grounded and stick to the technicals.
Disclaimer: This content is for informational purposes only and is not financial or investment advice. Always do your own research (DYOR) and understand the risks of cryptocurrency trading. The creators are not liable for any losses incurred.
