Everyone is waiting for a BTC recovery.
I'm positioning for $70K instead. 🐻
I've opened a SHORT on $BTC
Here's what caught my attention:
→ CryptoQuant Bull Score: 0/100.
→ ETF outflows are putting pressure on spot demand.
→ Open interest remains elevated, keeping long-squeeze risk alive.
→ BTC is struggling to reclaim the $75.5K–$76.3K resistance zone.
My downside targets:
$72K → $71.5K → $70K 🎯
As long as BTC fails to reclaim key resistance, I'm staying bearish.
Invalidation: A strong reclaim and hold above $76.3K.
Let's see if the bears get their move.
My target is $70,000.
What's your BTC target? 👀
#Bitcoin #BTC
I'm positioning for $70K instead. 🐻
I've opened a SHORT on $BTC
Here's what caught my attention:
→ CryptoQuant Bull Score: 0/100.
→ ETF outflows are putting pressure on spot demand.
→ Open interest remains elevated, keeping long-squeeze risk alive.
→ BTC is struggling to reclaim the $75.5K–$76.3K resistance zone.
My downside targets:
$72K → $71.5K → $70K 🎯
As long as BTC fails to reclaim key resistance, I'm staying bearish.
Invalidation: A strong reclaim and hold above $76.3K.
Let's see if the bears get their move.
My target is $70,000.
What's your BTC target? 👀
#Bitcoin #BTC

