BTCUSD: Sideways in a block, looking for setup

Oct 16

🧭 BTCUSD analysis – October 16, 2025

Currently, BTCUSD remains in a broader downtrend, so for today’s session, our main focus will be on looking for short (sell) opportunities, rather than counter-trend buys.

I’m using the 30-minute timeframe (M30) for today’s setup.

• At the moment, BTC price action is quite complex — moving sideways within a block structure and has recently retested the resistance area around 110,904.
  
• The plan for today is to wait for solid accumulation and a clear BreakBlock (BB) setup to confirm continuation to the downside.
  
• Once a valid setup forms, we can look for short entries following the main trend, with strict risk management and flexible profit targets depending on market volatility.
  

Alternative Scenario:

• If price breaks above the current range, we’ll stay patient and wait for clearer signals before entering any trades.
  
• This approach helps us avoid FOMO and stay disciplined, ensuring all trades align with our predefined plan and market structure.
  

Daniel Miller @ ZuperView

Oct 17

Trade active

Oct 17

Trade closed: target reached