We broke through $80,000 and the market just changed the game for the bulls. 📉
-Key Support Loss: The macro level of $80,000 has been breached and now acts as resistance. As long as we stay beneath this wall, the 50 EMA, POC (volume profile), and Weekly VWAP, the bears maintain absolute control of the Order Flow. 🐻
-Acceleration in the MACD: The selling momentum is gaining strength. The MACD histogram on the 4H shows a clear acceleration downwards, invalidating bounces WITHOUT VOLUME. ⚡
-The FVG Magnet: If the price completes the retest of the current resistance and confirms the rejection, the next institutional target is to close the FVG (Fair Value Gap) on the 4H at $75,000 - $76,000. 🧲
The Play / Execution Strategy:
Operational patience. The smartest move is not to guess the bottom. We wait for the retest of the $80k resistance; if and only if the rejection is confirmed with volume, we will look for short positions targeting the liquidity of the FVG at $75k. 🛡️
Do you think the retest at $80k will fail to go to $75k or will the bulls regain support at $80k? Show your support with a Like!
#Bitcoin #TradingSignals #analysis #dyor
-Key Support Loss: The macro level of $80,000 has been breached and now acts as resistance. As long as we stay beneath this wall, the 50 EMA, POC (volume profile), and Weekly VWAP, the bears maintain absolute control of the Order Flow. 🐻
-Acceleration in the MACD: The selling momentum is gaining strength. The MACD histogram on the 4H shows a clear acceleration downwards, invalidating bounces WITHOUT VOLUME. ⚡
-The FVG Magnet: If the price completes the retest of the current resistance and confirms the rejection, the next institutional target is to close the FVG (Fair Value Gap) on the 4H at $75,000 - $76,000. 🧲
The Play / Execution Strategy:
Operational patience. The smartest move is not to guess the bottom. We wait for the retest of the $80k resistance; if and only if the rejection is confirmed with volume, we will look for short positions targeting the liquidity of the FVG at $75k. 🛡️
Do you think the retest at $80k will fail to go to $75k or will the bulls regain support at $80k? Show your support with a Like!
#Bitcoin #TradingSignals #analysis #dyor
