Inverse Head & Shoulders on Bitcoin – Breakout or Bull Trap?Right now, Bitcoin ( BINANCE:BTCUSDT ) is moving within its Heavy Support zone($111,980-$105,820) .
Over the past couple of days, it tried twice to break this area but couldn’t. One big reason is that recently, there was news that Japan is considering allowing banks to invest in crypto . Also, yesterday, Trump confirmed he’ll meet with China’s president on October 31st , which the market took as a positive sign that US-China tensions might ease. Previously, the market dropped on news of potential tariffs, and now it’s reacting to the possible easing of those tensions.
In the last 24-48 hours , Bitcoin has formed an inverse head and shoulders pattern , which could signal a short-term bullish reversal. However, there are still important resistance levels and cumulative short liquidation areas overhead. We need to see if Bitcoin can break through those.
From an Elliott Wave perspective, Bitcoin still seems to be in a corrective structure, and until it gets above around $116,000 , there’s still a risk of further downside. So we shouldn’t get too excited about the recent 48-hour bounce.
In short, I expect Bitcoin might push up to those Resistance lines , the Resistance zone($114,300-$113,000) , and Cumulative Short Liquidation($115,241-$113,454) , thanks to the inverse head and shoulders, but it could face resistance there and possibly drop again.
Note: It seems that we may see an increase in Bitcoin with the opening of the US market, but because the SPX500 index( SP:SPX ) is in a correction situation, we can expect Bitcoin to fall again.
Note: Crypto market conditions depend on many parameters these days, and be sure to observe capital management.
New CME Gap: $107,690-$107,220
Cumulative Long Liquidation: $107,000-$105,782
Cumulative Short Liquidation: $112,241-$111,398
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analysis (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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BTCUSDT
TradeCityPro | Bitcoin Daily Analysis #202👋 Welcome to TradeCity Pro!
Let's dive into the Bitcoin analysis. The market has dropped again today. Let's review today's entry points together.
⏳ 1-Hour Timeframe
Yesterday, Bitcoin was rejected from the resistance it created at 111645, and with the bearish structure it formed, it made a bearish move after breaking 110213.
💥 The reason I removed the zone is that the price no longer reacts to it, and it seems that a box has formed between 111645 and 106319.
✅ The trigger that the price is currently on is the 107486 zone. Breaking this zone can give us a very risky and short-term short position.
✨ The RSI oscillator is near the Oversell zone, and with stabilization below this zone, there is a higher chance of a more significant bearish move with more momentum.
🔍 However, I can't rely much on momentum oscillators like RSI in these market conditions since there isn't a clear trend, and we don't have significant momentum to analyze the market with.
🧩 In these conditions, I believe the best tool to use is volume. Right now, selling volume is higher in the market, and in this bearish correction, the volume is decreasing. So, by breaking 107486, we can open a short position.
⚡️ If the market forms more structure and a long trigger appears, we can also open a long position after breaking the trigger.
💡 But the main triggers for long are breaking 111645, and for short, it's breaking 106319. The triggers between these two zones are very risky positions, and I won’t open a position with them. I prefer to wait for the main triggers.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
BTC 1H Analysis | Day 6🥳 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel.
✨ Today we’re diving into the 1-Hour Bitcoin analysis. Stay tuned and follow along!
👀 After faking the 111377$ resistance area, Bitcoin ran its stop-hunts and then moved toward its supports. In the process, after breaking the 109383$ support, it headed toward its current support in the 107508$ price area.
🔍 The exhaustion of buyers’ strength and the unusual participation of TakerSeller at the 111377$ price caused selling pressure on Bitcoin, making sellers the winners from that area. Bitcoin is now near its support, and the next resistances are at 109383$ and 111377$. With a break of these zones, it can move further upward.
🧮 On the RSI oscillator, we see that after losing the 50 zone, it moved strongly toward the oversell area and stayed there for a very short time—so short that we can call it a fakeout—and it formed a low near the 30 area. Now, losing the 30 zone and entering Oversell can be a confirmation for more selling pressure. The RSI resistance zone is at 50, and once the oscillation range passes above this zone, long-side momentum increases.
🕯 We’re going to check volume to understand better and get more data. After approaching its resistance, Bitcoin was accompanied by a decrease in buy volume, and subsequently sellers took control of the market; with increasing sell volume, Bitcoin’s price moved downward.
🧠 For a Bitcoin position we have 2 scenarios on the table that, if they occur, we can evaluate a position.
🟢 Long scenario: Break of the 109383$ resistance area and the oscillation limit crossing above the RSI 50 zone, together with increasing buy volume, with maker buyers also participating in this scenario for a price jump.
🔴 Short scenario: Break of the current support along with more selling pressure on Bitcoin, losing the 30 oscillation zone and RSI entering the oversell area.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Chart analysis for Bitcoin. !!Chart analysis for Bitcoin.
A view of Bitcoin, focusing on key technical levels and market structure:
Trend and Price Activity
Downtrend Confirmation:
The price is clearly following a descending trendline. Attempts to break this line near the $111,000-$112,000 resistance level have failed.
Resistance Zone:
The gray area around $111,000-$112,000 represents a supply zone where the price struggled and faced selling pressure.
A very high resistance band exists near $123,000-$124,000 (upper chart), but the price is still well below this level.
Support Zone:
The large green box at $102,000-$106,000 marks a key demand zone, indicating where buyers could step in for a potential reversal or bounce.
DYOR | NFA
BTCUSDT — Decision Zone: Continuation or Major Correction Ahead?Bitcoin’s 2-Day chart (Bitstamp) is now approaching a critical macro zone — the $106,000–$101,000 support block, which acts as the last stronghold for bulls in this current uptrend.
This area represents a confluence of horizontal support and the main ascending trendline that has guided price since late 2024.
If buyers can defend this zone, Bitcoin could still experience one final leg up toward the cycle top.
However, a decisive breakdown below it would confirm the start of a major structural correction.
---
Structure and Pattern
Primary Pattern: Rising Wedge / Ascending Channel
The pattern indicates weakening bullish momentum — each higher high forms with less strength.
Such formations often end with a sharp breakdown once the support line fails.
Key Levels:
Support zone (yellow block): $106K – $101K
→ Confluence of trendline and horizontal support.
Immediate resistance: $116,500
Upper liquidity zone / cycle top target: $126K – $128.5K
---
Bullish Scenario — “The Final Push”
If Bitcoin successfully rebounds from the $106K–$101K zone, it could trigger the last upward wave toward $126K–$128.5K, potentially marking the final phase of this bull cycle.
Bullish Confirmation:
2D candle closes above $110K–$112K
Formation of a reversal pattern (hammer/pin bar) with increasing volume
Momentum indicators (RSI/MACD) start to turn upward
Upside Targets:
Target 1 → $116,500
Target 2 → $126K – $128.5K
Macro Narrative:
A bounce from this zone would likely lead to the final euphoric rally before distribution begins.
---
Bearish Scenario — “Breakdown of the Cycle”
If Bitcoin closes a 2D candle below $101K, the bullish structure will officially break down, confirming the start of a major correction phase.
This would validate the rising wedge pattern and shift momentum entirely to the bears.
Bearish Confirmation:
2D close below $101K
Failed retest around $104K–$106K
Rising selling volume
Downside Targets:
Target 1 → $92,500
Target 2 → $75,500
Macro Narrative:
A breakdown below $101K would mark the end of the bull market and the beginning of the re-accumulation phase below $90K.
---
Conclusion
Bitcoin is standing at its macro decision zone: $106K–$101K.
This range will determine whether we get one final bullish push — or the start of a major correction.
Holding above → potential rally toward $126K–$128K
Losing support → possible drop toward $92K–$75K
The next 2D candle will decide the macro direction of Bitcoin — continuation or collapse.
---
#Bitcoin #BTCUSD #BTCAnalysis #CryptoMarket #TechnicalAnalysis #PriceAction #SupportAndResistance #RisingWedge #BTCUpdate #BitcoinOutlook #CryptoTrend #MarketStructure #BitcoinChart #BTCOutlook
BTC holds firmly above 110,000Today, BTC exhibited a trend of first declining and then rising.
At the opening, Bitcoin once dipped to 107,466, but subsequently, bulls began to gain momentum, driving the price to recover gradually. It successfully broke through the 110,000 mark and continued to rise.
From the perspective of market sentiment, the Fear & Greed Index is in the "Greed" zone, with the current index standing at 70. This indicates that despite short-term price fluctuations, the market remains optimistic about the overall trend. Such sentiment helps sustain the current consolidation and may provide momentum for a subsequent rally.
In terms of capital flows, on-chain data shows that although the overall capital flow is relatively complex, whales have recorded a significant net inflow in the latest cycle. Their inflow volume reached 207 million BTC, far exceeding the outflow volume of 160 million BTC. This strong buying power is the core driving force behind Bitcoin's ability to gain support at high levels and continue its upward trajectory.
Short-term trend forecast:
In the short term, BTC is likely to consolidate around 110,000. Attention should be paid to the resistance level near 112,000–113,000 on the upside and the support level near 107,500-107,000 on the downside. If it can break through the upper resistance, the price may surge toward the 115,000–118,000 range; if it falls below the lower support, it may drop to 105,000 or even lower.
Trading Strategy:
Buy 108000 - 109000
SL 107000
TP 110000 - 111000 - 112000
Sell 112000 - 111000
SL 113000
TP 110000 - 109000 - 108000
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
Correct projection for BTCBTC's movement today is fully consistent with our analysis, fluctuating upward within the range of 107,000 to 112,000. In terms of operation, it is necessary to closely follow this fluctuation range, adopt the "high short, low long" strategy, accurately seize the entry timing, and timely take profits when reaching the target level to ensure gains are locked in.
BTC Market Update: Bulls Regain ControlBitcoin has stabilized after a sharp corrective phase, forming a consolidation structure around the $111,000 area. Recent sessions indicate that sellers are losing dominance while buyers are quietly re-accumulating within the current range. This type of price action often appears before a potential short-term recovery move.
Market volume remains steady, and the structure shows compression—suggesting liquidity buildup below the current level. If this consolidation sustains without breaking lower, a breakout toward the $115,000–$116,000 region appears likely. A clean move beyond this zone could invite stronger bullish continuation as sidelined traders re-enter.
However, the broader trend remains cautious, as macro conditions and dollar strength could still limit momentum. Short-term traders may look for entries near the range lows with clear invalidation below $108,000. Proper risk management remains essential, targeting gradual exits around mid-range levels and scaling profits near projected resistance zones.
BTC 2026 Outlook - Roadmap Speculation to $300KHello BTC Watchers.
Let's talk about BTC in the Logarithmic view.
I mapped out the date-ranges, as well as how far the price fell logarithmically after each top. You'll see the word "lines" on the chart. This simply indicates the amount of diagonal trendlines it has fallen. By using this pattern-dedicated approach, a commonality is found which may be useful in speculating a future price. Because if not for past history, how else would we speculate on the future?
It's interesting to note that the past 3 ATH's (all time high's) are each lower than the previous if you compare it not to price but to the "lines". Even the fifth high (the one coming next) will be on a lower click-line than the previous, and that estimate is already over 300k. This is a really helpful way to speculate a future high because usually on a regular-view chart, the zone above the ATH is uncharted territory. You could use a Fibonacci trend-based extension, but this is limited to the cycle that you're using for input points. Logarithmic chart + indicators factor in the entire history of the price.
This would mean the new peak could be in 2026 around USD 300k.
It's important to note that this ay not be a straight line up. As you'll see, although the price has been increasing exponentially, there have been periods of hard pullbacks or corrections. These are great times to enter the market, NOT when the price is close to the peak of the curve (in green).
So could it be that this is just another dip in the road towards a new ATH - despite the recent market liquidation?
TradeCityPro | Bitcoin Daily Analysis #201👋 Welcome to TradeCity Pro!
Let’s dive into Bitcoin analysis—its bullish trend seems to have started again, so it’s very important to analyze it well for the new week.
⏳ 1-Hour Timeframe
Yesterday, Bitcoin formed a range box between 106319 and 107301, and by breaking the top of this box, it began an upward move.
📊 After breaking this box, buying volume increased sharply, and after a pullback to this area, the move continued up to 111645.
✔️ Now the price has returned above the 109000 zone, but it still hasn’t managed to hold above this area.
⭐ With a break of 111645, we can confirm that price has stabilized above the 109000 zone.
🔍 In that case, we can enter a long position on the break of 111645; and at the same time, we’ll confirm that the break of 109000 was a fake-out.
💥 The trigger on the RSI is the 74.53 level. With RSI entering Overbought and breaking 74.53, the next bullish leg can begin.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
BTC Daily wave countINDEX:BTCUSD
BITSTAMP:BTCUSD
While many bears topping up, and many bulls are hoping for more, maybe something in between is happening. There are a lot of options at the moment. This is one path which fits well into the timing and structure of the overall view of BTC. The next days/weeks will show which path BTC will take
BTCUSDT: Short Setup Active Below $110,700Hello everyone, here is my breakdown of the current Bitcoin setup.
Market Analysis
On the 1H timeframe, Bitcoin continues to move inside a descending channel, maintaining a clear bearish structure.
After multiple tests and breakouts, the price is still unable to break through the Resistance Area around $110,700, which remains a strong supply zone.
Recently, we saw a fake breakout, followed by a return below the resistance area — confirming that buyers are losing strength. Currently, the price is forming a range near the Support Zone ($104,500–$105,000), which indicates a short-term consolidation phase before a possible next move.
My Scenario & Strategy
I expect that after the range is broken to the downside, BTC will continue its decline toward the Support Zone ($104,500). If this level fails to hold, the next potential target will be the lower boundary of the descending channel around $102,300.
However, a breakout and close above $110,700 would invalidate the bearish scenario and could indicate a shift in market structure.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Analytics: Market outlook and forecasts
📈 WHAT HAPPENED?
Last week, Bitcoin experienced another wave of decline, but didn’t reach the low of the previous dump. On Friday, there was a volume anomaly at $105,000, after which a correction was expected to $108,000. As a result, we got into a sideways movement at these values, and the seller's activity didn’t resume.
💼 WHAT WILL HAPPEN: OR NOT?
On the hourly timeframe, a trend reversal to the upside has been recorded. We’re currently testing a significant volume sales zone, and the slowdown in price movement (price action) indicates a likely correction. Our future tactics will depend on the dynamics of this correction: whether to join the longs or stay on the sidelines.
Two support zones have formed below the current price, and if there is a reaction, testing these zones will serve as a buy signal. If the situation unfolds favorably, the $116,000 level may be tested this week. If the buyer doesn’t show any activity, the priority scenario shifts towards sales, and we expect a decline to the level of $97,000.
Buy Zones:
• $107,300–$106,300 (accumulated volumes)
• $105,600–$104,500 (volume anomalies)
• $97,000–$93,000 (major volume zone)
Sell Zones:
• $110,000–$113,000 (accumulated volumes)
• $114,400–$115,600 (local volume zone)
• $120,900–$124,000 (major volume zone)
📰 IMPORTANT DATES
This week, we’re following these macroeconomic events:
• October 22, Wednesday, 6:00 (UTC) — publication of the UK Consumer Price Index for September;
• October 23, Thursday, 12:30 (UTC) — publication of the number of initial jobless claims in the United States;
• October 23, Thursday, 14:00 (UTC) — publication of data on U.S. home sales for September;
• October 24, Friday, 12:30 (UTC) — publication of the US Consumer Price Index for September;
• October 24, Friday, 13:45 (UTC) — publication of the US Service and Manufacturing Business Activity Index for October;
• October 24, Friday, 14:00 (UTC) — publication of US new home sales data for September.
*This post is not a financial recommendation. Make decisions based on your own experience.
#analytics
BUY BITCOIN - BTC/USD- Amazing low risk high reward trade!Based on our deep analysis we can see that BITCOIN (BTC/USD) will head to the upside. Great time to BUY - it has broken POWERFUL resistance levels and is also being held by powerful support levels which it can't break through. Target is next resistance level - buy now!
BTC/USDT: Bearish Channel Holds as Price Faces Key ResistanceBTC/USDT remains under bearish pressure, with the recent rebound from 102K facing resistance near the 114K–115K zone. Price action continues to respect the descending channel, reinforcing that sellers remain in control.
A rejection at the trendline could trigger another bearish leg toward 107.5K, with potential to revisit 102K if selling momentum intensifies. As lower highs continue to form below resistance, the broader bias favors further downside.
Bitcoin - Will Bitcoin also cross $100,000?!Bitcoin is located between EMA50 and EMA200 on the four-hour timeframe and is in its medium-term ascending channel. In case of an upward correction towards the specified supply range, it is possible to sell Bitcoin with a better risk-reward.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy within the demand range.
Bitcoin’s recent rally has stalled under macroeconomic pressures, marking one of the most significant events in the asset’s history. With capital inflows into ETFs slowing and volatility spiking, the market has entered a recalibration phase—characterized by deleveraging, cautious investor sentiment, and a reliance on new demand to reignite the bullish trend.
This latest price decline is particularly concerning, as it marks the third time since late August that Bitcoin has fallen below roughly $117,000, a zone where most large holders are now underwater.
Following the largest liquidation cascade in Bitcoin’s history, capital inflows into U.S. spot ETFs have weakened alongside price declines. At the same time, the derivatives market has seen a sharp reduction in leverage, while ETF investors have shown mild selling pressure, resulting in a net outflow of about 2.3K BTC so far this week.
Unlike previous capitulation phases, where outflows typically accelerated price drops, the current slowdown reflects hesitation rather than panic. However, if weakness persists or ETF inflows take longer to recover, it could signal fragility on the demand side, undermining one of the core drivers behind Bitcoin’s past rallies.
During the recent liquidation wave, spot trading volumes surged to some of the highest levels of the year, reflecting intense market activity as traders rapidly adjusted their positions amid heightened volatility.
...دادهاند
In Q3 of this year, the number of publicly traded companies holding Bitcoin on their balance sheets hit a new record — despite ongoing market turbulence. According to data from Bitwise Asset Management, the number of listed firms with Bitcoin holdings grew by nearly 40% in just three months, reaching 172 companies.
Still, a recent October survey by Bank of America shows that 76% of investors currently hold no exposure to cryptocurrencies, up from 67% in September. Even among those with some allocation to digital assets, exposure remains minimal:
• 3% of investors hold only 2% of their portfolios in crypto.
• 1% allocate around 4% to cryptocurrencies.
• 3% have 8% or more of their portfolios invested in digital assets....
#BTC Update:- Are we going lower? Or Higher? Don't miss this!Before jumping into the chart, I’ve got a few words for everyone.
The recent crash has been absolutely brutal. It’s shaken the entire market and, sadly, affected so many lives; some people lost everything, and some couldn’t handle the pain. My heart truly goes out to everyone who suffered. 💔
But remember, the past is behind us. What really matters now is what we do today and how we build our tomorrow.
No one was spared from this storm. It felt like a broad daylight robbery, and if you got hit too — please, stay strong. Don’t give up. Sometimes the market resets itself in the harshest ways to prepare us for the next big move.
Take SUI for example, a solid project that would normally take 6–9 months in a bear market to drop 85%, yet it did that in one single daily candle!
From $3.71 to $0.5597, that’s an 84.9% dump in just one day.
And the worst part? Most people couldn’t even catch those prices because exchanges went crazy.
👉 Moral of the story: It’s not over. Far from it. This might just be the reset we needed before the next leg up.
### Now, about the Bitcoin chart:
BTC crashed hard, but guess what? It bounced right off the support.
That’s a strong sign.
The blue EMA you see on the chart is the 200 DEMA, another bullish signal that tells us there’s still strength in the market.
Keeping it short and simple, we’re likely heading higher from here.
Invalidation: A daily break and close below $103K.
---
I’ll be sharing more altcoin charts soon, so stay tuned.
And to everyone reading this, stay strong, stay grounded, and remember… WAGMI 🙌
We’ve been through worse, and we’ll come out of this even stronger.
If this message resonated with you, don’t forget to hit that ❤️. Let’s keep spreading positivity in this space.
BTC 4H Analysis | Day 5🥳 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel .
✨ Today we’re diving into the 4-Hour Bitcoin analysis. Stay tuned and follow along!
👀 After breaking out of the descending channel and confirming the long setup I explained in the previous post, Bitcoin moved upward and easily broke through its Maker-buyer zone.
🔍 Over the past two market-holiday days, Bitcoin consolidated in a multi-timeframe accumulation phase with a ceiling at $107,356, which was easily breached. The price then advanced toward its higher-level key resistances. It’s now trading between $110,500 and $113,000 — the $113,000 zone is our long trigger since price has struggled there multiple times before. This makes it a bit risky, but if the upward movement continues, the next resistances could be at $115,800 and $120,836.
🧮 Looking at the RSI oscillator, it has comfortably passed the 50 level on the 4-hour chart and is now heading toward the overbought zone, facing a key resistance at 70. This 70 level overlaps with the 50 zone on the daily timeframe, meaning that if RSI enters overbought on the 4-hour, the daily will just be shifting from a bearish swing phase to a long-position momentum phase — so the 70 zone is crucial.
🕯 If you check the lower-volume section of the chart, you’ll notice something interesting: the breakout above the two-day accumulation range came with a clear rise in buy volume, which helped Bitcoin easily break both the resistance area and the descending trendline (the upper boundary of the previous channel). This suggests Bitcoin may soon take a volume or price correction to gain more strength for another upward move.
⏰ During today’s New York session, we might see some strong moves. Remember last week when U.S. investors were selling off their ETF holdings, and the market was hesitant to buy? That fear caused weak participation. This time, we may have a reason to stay active during New York hours as sentiment shifts.
🧠 Here are the two key scenarios to watch:
🟢 Long Position Scenario
Wait for Bitcoin to react either to the micro-buyer zone or to the $113,000 area. If we see a pullback followed by an indecision candle (confirmation setup) touching the SMA-7, that’s our entry cue — ideally with a tighter stop size.
🔴 Short Position Scenario
Ignore shorts for now. Bitcoin already completed its second downward wave with an imbalanced slope, and over the last two days, seller momentum has weakened. Buyers are now driving price through resistance levels, so shorting here would go against the current flow.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
BTCUSD – Three Drives Pattern + RSI DivergenceHi Teams!
Bitcoin has recently completed a three-drive pattern while also showing a clear bearish divergence on the RSI. This confluence has led to a strong rejection from the third drive area, confirming short-term weakness.
The three-drive trendline was broken last night, signaling that the bullish momentum has temporarily cooled down. However, as long as $97,900 remains unbroken, the bullish structure can still hold.
Here’s the current plan:
Key support zone: $108,600; this looks like a good potential long entry area if the price stabilizes and shows confirmation.
Upside target: around $118,045, which also aligns with the previous swing high.
Invalidation: if the price breaks below $97,900, the setup turns bearish, and we can expect deeper retracements toward the $86,500–$88,000 region.
In short, BTC is at a critical decision point, holding above $97,900 keeps the bullish structure intact, but a breakdown below that level could shift the market sentiment sharply bearish.
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Bitcoin Price Outlook: Testing the $97,800 Support ZoneHi there!
Let's analyze Btc!
Bitcoin is currently moving inside a clear descending channel, showing consistent lower highs and lower lows. The price is likely to continue its downward movement until it reaches the daily support area around $97,800.
This zone appears to be a promising area for long-term opportunities. Still, traders should wait for strong confirmation signals before entering, as a reversal will only be valid once momentum shifts from bearish to bullish.
The Bitcoin bearish era has begun (1D)First of all, you should know that in our previous analyses, we had identified a large triangle. However, the market makers created another bullish wave, increasing the chart’s error margin (The scenario you see in the related ideas section.).
This sharp move indicates the beginning of new bearish branches! It is expected that with a pullback to the red zone, the correction will continue, and we will be involved in it for at least a few months.
Closing a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You






















