If you hold Bitcoin, stop scrolling for 60 seconds. This 4H chart will save you.
Everyone thinks BTC will go straight to $70K from $64,941. The chart says they are about to get trapped.
Here is my deep analysis for next week:

Current Price: $64,941.5 (+0.85%)
The Levels That Matter:
Resistance 1: $65,000 - BTC has failed here 3 times this week. No volume = no breakout.
Fakeout Trap Zone: $67,669 - Look at my chart. Last time we wicked to $67,669 we dumped $5K instantly. This is a liquidity grab zone to liquidate shorts.
Support Zone: $62,500 - This green zone saved us twice in July. This is the line between bull and bear.
My Prediction For Next Week - Will We Hit $70K?
Main Case (50% Chance) - THE TRAP: BTC breaks $65K, everyone goes long, then hits $67,669 and dumps hard back to $62,500. $70K will NOT come directly. $62.5K will come first, and THAT will be the real buy zone for $70K.
Bull Case (30% Chance): If BTC closes a daily candle ABOVE $67,669 with huge volume, then $70K is open next week.
Bear Case (20% Chance): If $62,500 breaks, we go straight to $60,000.
So, will BTC hit $70K next week? YES, but not before trapping bulls. I expect $62.5K BEFORE $70K.
Whales moved $300M+ BTC to exchanges yesterday. Funding is getting high. Don't be exit liquidity.
I am not chasing here. I am waiting for $62.5K.
What about you? Do you think BTC hits $70K directly or $62.5K first? Comment BULL or BEAR below - I reply to everyone.
Not financial advice. Just my analysis.
#BIP110ForkSignalingExpectedThisWeekend #VIXFallsToJanuaryLow #IraqOilExportsFall75% #FedSplitOnRateHikesDeepens #USJulyJobsUnexpectedlyFall $TUT $MMT $VIC
