Ahsan922
Ahsan922
📈 Crypto enthusiast | Web3 explorer 💎 Finding opportunities, sharing insights 🚀 Learn • Trade • Grow
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$BTC has been stuck between longs below and shorts above for a long time now
One side is getting hunted eventually
Which side goes first?
$BTC IS GETTING CLOSE TO A VERY IMPORTANT LEVEL
I wouldn’t be surprised if BTC pushes into $67K-$68K first
There’s a lot of obvious liquidity sitting above those highs
With the range getting this tight, a move through resistance could happen very quickly
And that’s where I’d be careful
If BTC breaks above $68K but can’t hold it, late buyers could end up providing the liquidity for the next move down
In that case, I’d be watching $58K
So I’m not really interested in chasing the breakout
$BTC held above the $62,000 level and is now bouncing back.
For strong bullish momentum, Bitcoin needs to break above $65,500.
And if BTC loses the $61,900 level, it could drop to $59,000-$60,000.
$BTC
We just broke down third rising channel of the whole year downtrend, exact structure that resulted in ~25% dumps
And now we are repeating the same
That was last week’s chart idea of $BTC based on the weekly candle close, and it worked perfectly, moving from $62500 to around $63700, and currently sitting around 63,400.
If $ETH's rejection zone is at 1975-2000, then #BTC will obviously stay bullish until then, pushes to $64k, $65k, $.., or wherever it goes.
and specially there's sl for every chart idea.
That's just common sense.
🚨 THE BIGGEST BITCOIN BULL TRAP OF THIS BEAR MARKET IS PLAYING OUT.
July’s relief rally pushed $BTC back above the 200-week moving average.
Now, August’s weekly candle has closed below it again.
Another August flush? Same script as 2022.
$BTC breaking 64K
Shorts got liquidated 👀
Open Interest nuking
60,607 traders were liquidated, the total liquidations comes in at $179.10 million.
It's not much but it's honest work 😁
$BTC
🚨 NESSUN FONDO MACRO VIENE MAI COSÌ FACILMENTE Affidarsi a un fondo tranquillo nel Q4 senza una spazzata finale di liquidità non è una strategia È solo un'assunzione comoda Bitcoin si trova circa al 50% dai massimi storici, eppure il sentiment manca di una vera capitolazione in stile 2022 Se $BTC mostra questo livello di debolezza mentre l'S&P 500 si attesta vicino ai massimi storici, il rischio di ribasso rimane elevato Guarda come funzionano le spazzate di liquidità: Fondo 2022: spazzata a $15,5k che ha causato panico estremo > Il retail ha estrapolato obiettivi fino a $10k proprio prima
$BTC short plan.
Range low > Range high
Range high > Range low?
Trading can be so simple if you just look at it from a ranging perspective.
No bias. Just sell resistance and buy support.
$BTC
August 14–16. ✔️
Price pushed lower into the same time pivot as the 2018 bear market.
Price has been following these time pivots closely. If the correlation continues, price could push higher into early September.
I'm remaining cautious, as price front-ran the 60–62K level I was targeting, which is a major liquidity cluster.