Bitcoin Sunday Analysis
$BTC is trading inside the range, as mentioned in the last update. For any recovery, price must break and hold above 72k. If that happens, a move toward 80k–85k becomes possible. Below 100k, the market structure already confirms a bear market, so this price action is expected. The active accumulation range between 54k and 72k is now in play. Trading the range makes sense here, buying near the lows and selling near the highs. This is range trading, not long term accumulation.
Key levels remain clear. The buy zone is 54k–60k, which represents the local bottom of the range, not the macro bottom. The sell zone is 72k–85k. If price reaches the weekly 99 EMA near 85k, I may add additional short positions and will update if that setup develops. It is important to understand that 54k–60k is only a local bottom. The true bear market bottom is expected lower, around 45k–50k, where major long term positions will be built.
Regarding strategy, I am holding a short position that was opened near 97k, with the average entry around 104k. I closed 50% of the short at 72k and opened a long at that level, but BTC failed to hold and dropped toward 60k, where I added more to the long, bringing the average long entry to around 67k. After the recovery, I closed 50% of the long position. I am currently holding the remaining short and may add more shorts in the 80k–85k region. On the long side, I will look to add more exposure again in the 60k–54k zone.
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