💸 BTC Plan Update – May 26, 2025 –
After the appearance of a bullish reversal divergence yesterday, BTC experienced a solid upward retracement.
💵 We successfully closed a long position from 106,900 to 109,900, capturing a $3,000 move.
Currently, Bitcoin is approaching a strong resistance zone formed by the H4 supply area combined with the H4 Fair Value Gap (FVG).
📉 However, before considering a short position, we need to monitor the price action closely:
➖ Wait for liquidity to be swept in the FVG area
➖ Then look for a clear bearish market structure on the M15 timeframe
➡️ Only then will we have confirmation for a potential short entry.
⭐️ Personally, I expect BTC might pull back to the OB H4 zone, where there could be a bullish reaction or recovery. If that zone fails, we could potentially see a move toward the 102,xxx region (will provide updates if that scenario plays out).
After the appearance of a bullish reversal divergence yesterday, BTC experienced a solid upward retracement.
💵 We successfully closed a long position from 106,900 to 109,900, capturing a $3,000 move.
Currently, Bitcoin is approaching a strong resistance zone formed by the H4 supply area combined with the H4 Fair Value Gap (FVG).
📉 However, before considering a short position, we need to monitor the price action closely:
➖ Wait for liquidity to be swept in the FVG area
➖ Then look for a clear bearish market structure on the M15 timeframe
➡️ Only then will we have confirmation for a potential short entry.
⭐️ Personally, I expect BTC might pull back to the OB H4 zone, where there could be a bullish reaction or recovery. If that zone fails, we could potentially see a move toward the 102,xxx region (will provide updates if that scenario plays out).
