In my view, Bitcoin still has more downside potential. Looking at the 1-hour chart, sellers appear to remain in control, and bearish momentum is still dominating the market.
Unless buyers show a strong reversal, I expect BTC to continue moving lower.
Bitcoin has reacted from the 75k to 76k daily orderzone, but sellers still control the broader structure.
The first thing I want to see now is buyers reclaim the midpoint of that orderzone around 76,280 and start holding above it on the daily.
That would be my first early sign that buyers are beginning to step back in.
Until then, this is still just a reaction from support.
If Bitcoin can hold above 76,280, then I’m watching 80k to 80.4k as the next major reclaim.
If the orderzone fails and we start closing below 75k, the next major level remains around 69.5k.
Key levels:
• Orderzone midpoint: 76,280 • Major support: 75k to 76k • First major reclaim: 80k to 80.4k • Major resistance above: 84.9k • Next downside level if support fails: 69.5k
For me, 76,280 is the first clue.
Hold above it on the daily and buyers are beginning to show their hand.
24h Rekt $647.36M Long $514.83M Short $132.53M According to CoinGlass, in the past 24 hours, 148,144 traders liquidated. Total liquidations were $647.36M. The largest observed liquidation order was on Binance - ETHUSDT, valued at $10.94M
Ye USA ki ek very important economic news hai jo batati hai ke America mein agriculture sector ko chhor kar baqi industries mein kitni new jobs create hui hain.
Simple words mein, NFP humein batata hai ke America mein employment barh rahi hai ya kam ho rahi hai.
📌 NFP Market Ko Kyun Affect Karta Hai?
NFP ka direct impact US Dollar (USD) par hota hai, aur USD ki movement ki wajah se Gold, Bitcoin, Forex aur Stock Market mein bhi strong volatility aa sakti hai.
📈 NFP Ke 3 Important Scenarios:
1️⃣ Actual NFP Forecast Se Zyada Ho
Example: Forecast: 150K Actual: 220K
Matlab America mein expected se zyada jobs create hui hain.
• USD strong ho sakta hai. • Gold par bearish pressure aa sakta hai. • BTC par bhi selling pressure aa sakta hai.
2️⃣ Actual NFP Forecast Se Kam Ho
Example: Forecast: 150K Actual: 50K
Matlab expected se kam jobs create hui hain.
• USD weak ho sakta hai. • Gold bullish ho sakta hai. • BTC ko upside support mil sakta hai.
3️⃣ Actual NFP Forecast Ke Equal Ho
Example: Forecast: 150K Actual: 150K
Market reaction relatively limited ho sakta hai, lekin baqi economic data bhi important hota hai.
📌 NFP Ke Saath 2 Aur Important Data:
1. Unemployment Rate: America mein kitne percent log unemployed hain. 2. Average Hourly Earnings: Employees ki average hourly salary mein kitna change aaya hai.
⚠️ NFP Trading Precautions:
• News se pehle unnecessary entries avoid karein. • Spread suddenly increase ho sakta hai. • Slippage ho sakti hai. • Stop Loss expected price se different execute ho sakta hai. • First candle mein fake breakout bhi aa sakta hai.
🎯 GOLDEN RULE:
NFP news mein sirf prediction par trade nahi karni. Market reaction, price action aur confirmation ka wait karna chahiye.
According to CoinGlass, in the past 24 hours, 113,298 traders liquidated. Total liquidations were $857.27M. The largest observed liquidation order was on HTX - ETH-USDT, valued at $38.00M.
🇺🇸🇮🇷 The US and Iran are expected to respond to a new peace proposal within the next 36 hours as Qatar steps up mediation efforts to push negotiations forward.
🇺🇸 US midterms have historically been bullish for Bitcoin over the following 12 months.
BTC returns after the last three midterms:
- 2014: +24.5% - 2018: +44.9% - 2022: +92.3%
This election could also shape crypto regulation. A Democratic win may reduce the chances of the CLARITY Act passing, while rising tensions with Iran could push oil prices and inflation higher.
Short-term uncertainty may create volatility, but once things settle, liquidity could rotate back into crypto.