$BTC BE CAREFUL! THE SELLERS ARE STILL IN CONTROL. ⚠️
I'm watching a potential BIG SHORT on $BTC
TP: $75,000 / $74,500 / $73,800
SL: $76,200
You know what concerns me about BTC?
That sharp drop from the $80,000 region wasn't a normal pullback. Sellers pushed price aggressively lower, breaking market structure and forcing late buyers out of their positions.
Here's the interesting part.
After the dump, BTC attempted to stabilize around $75,500, but the recovery remains weak. Lower highs are forming, suggesting buyers haven't regained control yet.
The important level is $75,000.
If this support breaks decisively, another liquidation wave could accelerate the move toward $74,500 and potentially $73,800.
The key is simple: no strong reclaim of $76,000, no reason to trust the bulls yet.
Wait for breakdown confirmation before taking the SHORT.
I'm watching a potential BIG SHORT on $BTC
TP: $75,000 / $74,500 / $73,800
SL: $76,200
You know what concerns me about BTC?
That sharp drop from the $80,000 region wasn't a normal pullback. Sellers pushed price aggressively lower, breaking market structure and forcing late buyers out of their positions.
Here's the interesting part.
After the dump, BTC attempted to stabilize around $75,500, but the recovery remains weak. Lower highs are forming, suggesting buyers haven't regained control yet.
The important level is $75,000.
If this support breaks decisively, another liquidation wave could accelerate the move toward $74,500 and potentially $73,800.
The key is simple: no strong reclaim of $76,000, no reason to trust the bulls yet.
Wait for breakdown confirmation before taking the SHORT.
