#btcfallsbelow$83000🚨 ARE YOU READY FOR A DEEPER CORRECTION IN $BTC?
Under $80,000? Yes, I believe it can happen. I don’t think $82,750 will hold for long.
I’m looking at liquidity around $80,100, with a possible quick wick below that level during the equity session.
The same liquidity zones are marked on $SOL and $ETH H charts, but I’m not taking trades on them because I already have active positions. Meanwhile, the $HYPE short is running exactly the way I was looking for.
Why could this happen?
Technically, this bear flag still has to play out.
As I mentioned yesterday, I was expecting this week’s low to form within the first two days of the week.
At the same time, USD dominance has broken bullishly out of the 1H LTF weekend range, while the macro backdrop remains under pressure. Oil is pushing higher, and U.S. Treasury yields remain elevated, with the 10Y around 5.2%.
So yes, a deeper correction is still on the table — and we are riding the short.
Let’s go. 🔥
🎯 First target: $82,750 ✅
🎯 Second target: $81,790
🎯 Major liquidity zone: $80,000
I expect a stronger correction if $BTC C moves below these levels.
Once the market gets below $82,750, a 4H close below that level would provide stronger confirmation of further weakness.
🛑 Stop-loss trailed to $83,800
Enjoy the rest of the move and take partials at the following levels, but keep at least 30% of the position open for a potential move below $80,000.
If we need to book the position, I’ll make the call.
#BTC #Bitcoin #SOL #ETH #HYPE #Crypto #BitcoinTrading #BTCAnalysis
Under $80,000? Yes, I believe it can happen. I don’t think $82,750 will hold for long.
I’m looking at liquidity around $80,100, with a possible quick wick below that level during the equity session.
The same liquidity zones are marked on $SOL and $ETH H charts, but I’m not taking trades on them because I already have active positions. Meanwhile, the $HYPE short is running exactly the way I was looking for.
Why could this happen?
Technically, this bear flag still has to play out.
As I mentioned yesterday, I was expecting this week’s low to form within the first two days of the week.
At the same time, USD dominance has broken bullishly out of the 1H LTF weekend range, while the macro backdrop remains under pressure. Oil is pushing higher, and U.S. Treasury yields remain elevated, with the 10Y around 5.2%.
So yes, a deeper correction is still on the table — and we are riding the short.
Let’s go. 🔥
🎯 First target: $82,750 ✅
🎯 Second target: $81,790
🎯 Major liquidity zone: $80,000
I expect a stronger correction if $BTC C moves below these levels.
Once the market gets below $82,750, a 4H close below that level would provide stronger confirmation of further weakness.
🛑 Stop-loss trailed to $83,800
Enjoy the rest of the move and take partials at the following levels, but keep at least 30% of the position open for a potential move below $80,000.
If we need to book the position, I’ll make the call.
#BTC #Bitcoin #SOL #ETH #HYPE #Crypto #BitcoinTrading #BTCAnalysis
