📉 BTC — SHARP WATERFALL FLUSH & TESTING CRITICAL LOCAL SUPPORTS! 🔻
$BTC is trading lower at 75,775.5 (-4.87%, or roughly Rs20,954,956.77), moving within an active 24-hour range between a high of 79,856.1 and a low of 75,158.0. Price action on this 4-hour chart displays an aggressive waterfall correction following the rejection from the 81,953.7 area, sliding beneath the fast MA(7) (75,961.8) and MA(25) (77,662.4) while remaining suppressed below the macro structural MA(99) (79,490.9) moving average cluster.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 73,500.0–75,000.0 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 72,200.0
🎯 TP1: 78,500.0
🎯 TP2: 81,000.0
❓Are you watching for Bitcoin to carve out a firm bottom near the $75K level and reclaim the moving average bands, or expecting the waterfall decline to test lower supports?
Let's discuss below! 👇
👉 Trade: $BTC
#Bitcoin #BTC #cryptotrading #BinanceSquare #TradingSignal
$BTC is trading lower at 75,775.5 (-4.87%, or roughly Rs20,954,956.77), moving within an active 24-hour range between a high of 79,856.1 and a low of 75,158.0. Price action on this 4-hour chart displays an aggressive waterfall correction following the rejection from the 81,953.7 area, sliding beneath the fast MA(7) (75,961.8) and MA(25) (77,662.4) while remaining suppressed below the macro structural MA(99) (79,490.9) moving average cluster.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 73,500.0–75,000.0 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 72,200.0
🎯 TP1: 78,500.0
🎯 TP2: 81,000.0
❓Are you watching for Bitcoin to carve out a firm bottom near the $75K level and reclaim the moving average bands, or expecting the waterfall decline to test lower supports?
Let's discuss below! 👇
👉 Trade: $BTC
#Bitcoin #BTC #cryptotrading #BinanceSquare #TradingSignal
