📊 CRYPTO MARKET UPDATE: Is the Bottom Finally In? BTC Eyes $115K! 🚀
The market is showing signs of recovery after the recent pullback, and my Higher Time Frame (HTF) bullish outlook remains unchanged.
While many are becoming cautious, I still believe Bitcoin has the potential to target $115K rather than just $90K in the coming market cycle.
My strategy remains simple: Buy the dips and accumulate gradually.
Let's break down the key levels. 👇
🔹 USDT Dominance (USDT.D)
The HTF upside target for USDT Dominance stands at 7.56%–7.85%.
This level is important to monitor because rising USDT Dominance can indicate increasing demand for stablecoins and potential pressure on the broader crypto market.
🔹 Ethereum (ETH)
ETH remains on my accumulation watchlist.
- Buying range: Gradual entries down towards $1,700.
- HTF upside target: $2,800.
Instead of entering with the entire capital at once, consider scaling into positions while monitoring market structure.
🔹 Bitcoin (BTC)
Bitcoin is currently trading inside the broader HTF buying range.
📌 HTF Buy Zone: $64,000–$71,600
📌 Important LTF Level: $68,700
The $70,634 level has already been reached, but the prime sniper zone around $68,700 remains an important level to watch.
A daily candle close below $68,700 could open the door for another move towards $65K.
🔹 Total Crypto Market Cap
The previously discussed PO3 distribution structure appears to be progressing towards its final phase.
However, another downside shakeout cannot be ruled out.
If further selling pressure develops, the total crypto market cap could potentially move towards $2.21T.
Interestingly, such a move could create additional accumulation opportunities in BTC and ETH for long-term investors.
🔹 PPI Data: An Important Event!
Today's PPI data could bring additional volatility to the market.
A favourable outcome may support market recovery, while unexpected figures could trigger another reaction in both Bitcoin and altcoins.
🎯 Final Thoughts
My HTF outlook remains bullish, but that doesn't mean the market will move straight up.
Here is what I'm watching:
✅ BTC HTF buying range: $64K–$71.6K
✅ Key LTF level: $68.7K
✅ Possible downside target: $65K
✅ ETH accumulation zone: Towards $1.7K
✅ ETH HTF target: $2.8K
✅ BTC long-term target: $115K
✅ Total market cap downside scenario: $2.21T
Don't try to catch the exact top or bottom. Markets often create shakeouts before making their next major move. Gradual entries, patience and proper risk management are more important than perfect timing.
These are important market levels, and I'll be staying active to share updates as the structure develops.
Stay alert, stay informed, and trade smart! 🚀
Disclaimer: This is a personal market outlook, not financial advice. All targets are potential scenarios, not guaranteed outcomes. Always manage your risk.
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