đš BITCOIN: THE FINAL FAKEOUT?
Last week, I outlined a potential relief rally toward $85K before another major downside move.
So far, BTC is following that structure.
The setup resembles previous fakeout patterns, where sharp relief rallies were followed by deep corrections.
The levels Iâm watching:
$85K â $76K â $65K â $54K
If this structure plays out, the larger capitulation phase may still be ahead.
â ïž This is a scenario, not a certainty. Bitcoin can invalidate the setup at any time.
Donât trade blindlyâmanage your risk.
Save the chart. Weâll see how this plays out.
#Bitcoin #BTC #Crypto #BitcoinPrice
Last week, I outlined a potential relief rally toward $85K before another major downside move.
So far, BTC is following that structure.
The setup resembles previous fakeout patterns, where sharp relief rallies were followed by deep corrections.
The levels Iâm watching:
$85K â $76K â $65K â $54K
If this structure plays out, the larger capitulation phase may still be ahead.
â ïž This is a scenario, not a certainty. Bitcoin can invalidate the setup at any time.
Donât trade blindlyâmanage your risk.
Save the chart. Weâll see how this plays out.
#Bitcoin #BTC #Crypto #BitcoinPrice
