๐ Is $BTC heading toward $79K next, or is this another trap before the real move?
#BTC got rejected again near $84.3K on the daily timeframe, and that level is acting like strong resistance for now.
Meanwhile, the liquidation map shows a potential long liquidation zone between $80K and $83.1K. If selling pressure continues, BTC could move lower to sweep some of that liquidity before the next major move. ๐
Iโm leaning bearish until BTC reclaims $84.3K with strength.
๐ป BTC SHORT SETUP
๐ Entry: Around $82,934 ๐ฏ TP: $81,510 ๐ SL: $84,753
Why SHORT? ๐๐ป
โข Repeated rejection near $84.3K โข Daily structure remains weak โข Downside liquidity could attract price toward $83.1Kโ$80K
โ ๏ธ Invalidation: A strong reclaim of $84.3K weakens the bearish thesis. A move to $84,753 hits the stop-loss and invalidates this trade.
Iโm watching for continuation, not blindly chasing the move. If BTC reclaims resistance, Iโll reassess rather than fight the market.
Will BTC sweep the downside liquidity first, or surprise everyone with a bullish reversal? ๐๐ป
#BTC #Bitcoin #CryptoTrading #BinanceSquare
#BTC got rejected again near $84.3K on the daily timeframe, and that level is acting like strong resistance for now.
Meanwhile, the liquidation map shows a potential long liquidation zone between $80K and $83.1K. If selling pressure continues, BTC could move lower to sweep some of that liquidity before the next major move. ๐
Iโm leaning bearish until BTC reclaims $84.3K with strength.
๐ป BTC SHORT SETUP
๐ Entry: Around $82,934 ๐ฏ TP: $81,510 ๐ SL: $84,753
Why SHORT? ๐๐ป
โข Repeated rejection near $84.3K โข Daily structure remains weak โข Downside liquidity could attract price toward $83.1Kโ$80K
โ ๏ธ Invalidation: A strong reclaim of $84.3K weakens the bearish thesis. A move to $84,753 hits the stop-loss and invalidates this trade.
Iโm watching for continuation, not blindly chasing the move. If BTC reclaims resistance, Iโll reassess rather than fight the market.
Will BTC sweep the downside liquidity first, or surprise everyone with a bullish reversal? ๐๐ป
#BTC #Bitcoin #CryptoTrading #BinanceSquare