Bitcoin | Are We Even in Bull Market or Bear market?
BTC is doing exactly what these markets tend to do — make things look unclear right before the next significant move.
What we are watching:
Sellers failed to hold the neckline around $70K, and instead of a clean breakdown, we got a failed breakdown followed by a push into the $80K psychological resistance. That level is not just a zone — it's a round number, which historically carries more weight than a regular resistance because of the volume of orders and attention concentrated around it. What we are seeing right now is a liquidity sweep into that area, and that is exactly the kind of move that precedes a larger directional push.
The bigger picture:
Zoom out and the structure is hard to ignore. A head and shoulders has been forming across the weekly timeframe — left shoulder, head near $109K, and a right shoulder forming now. The neckline sits around $70K. The failed breakdown below it caused this bounce, but the bounce itself is not a sign of strength. It's the market doing what it does — grabbing liquidity before the real move. Once price confirms back below $70K, we will be expecting a significantly larger downside movement. The $30K level remains the key macro support from the previous cycle.
The gameplan:
The plan has not changed. We are still looking for that larger correction despite this move into upper zones. If we look at where we are in the broader economic cycle and what large players typically need — they want better prices to accumulate, not worse ones. That's how these cycles have always worked. A healthy correction from current levels would set up the kind of discount that actually makes sense for the next move higher.
Until $70K breaks back to the downside and holds there, we treat this $80K area as resistance and stay patient.
If this added value, boost it forward.
Swallow Academy
What we are watching:
Sellers failed to hold the neckline around $70K, and instead of a clean breakdown, we got a failed breakdown followed by a push into the $80K psychological resistance. That level is not just a zone — it's a round number, which historically carries more weight than a regular resistance because of the volume of orders and attention concentrated around it. What we are seeing right now is a liquidity sweep into that area, and that is exactly the kind of move that precedes a larger directional push.
The bigger picture:
Zoom out and the structure is hard to ignore. A head and shoulders has been forming across the weekly timeframe — left shoulder, head near $109K, and a right shoulder forming now. The neckline sits around $70K. The failed breakdown below it caused this bounce, but the bounce itself is not a sign of strength. It's the market doing what it does — grabbing liquidity before the real move. Once price confirms back below $70K, we will be expecting a significantly larger downside movement. The $30K level remains the key macro support from the previous cycle.
The gameplan:
The plan has not changed. We are still looking for that larger correction despite this move into upper zones. If we look at where we are in the broader economic cycle and what large players typically need — they want better prices to accumulate, not worse ones. That's how these cycles have always worked. A healthy correction from current levels would set up the kind of discount that actually makes sense for the next move higher.
Until $70K breaks back to the downside and holds there, we treat this $80K area as resistance and stay patient.
If this added value, boost it forward.
Swallow Academy
Note
Bitcoin is sitting right at the $80,000 psychological resistance — and it's been rejected from this exact zone multiple times since February.
We are watching for a bearish reaction here, with a possible liquidity sweep up to $84,200 before the real move lower begins.
Either way, the downside target is the $70,000 neckline.
Note
Bitcoin broke $80K with force — but we are not buying this move.
The gameplan is simple: let price reach $84,000 for a liquidity grab, wait for a confirmed Market Structure Break on the 4H, then short toward $70,500–$72,500.
No trade is active yet — patience is the key here.
Note
Momentum is fading as sellers slowly take control of this zone.
We're still watching for a slight push higher, but if that smaller trendline breaks early, we're looking to short earlier.
Trade active
Rejection near $80K
Trade closed: target reached
This is just a beginning, we are going to have a fun upcoming months
Closing it here and will open new one later
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.