🚨 Is $BTC Heading Toward $60K, or Will Short Sellers Get Trapped First?
A quick update on my $BTC long position.
I'm still holding my position despite being in the red. My overall market outlook remains unchanged.
After the massive sell-off, $BTC is consolidating around $75K–$76K. Many traders are expecting another major drop, but the liquidity picture suggests a possible upside move first.
📊 Here's what I'm watching:
- Strong short-side liquidity is building around $77K–$78K.
- BTC is consolidating below a descending resistance trendline.
- A breakout above this resistance could trigger a short squeeze and push prices toward higher liquidity zones.
🎯 My Main Target: $78,000
Of course, another downside move is still possible. The market could surprise both bulls and bears, so risk management is essential.
I'm staying patient, watching liquidity, and waiting for confirmation rather than reacting to every market move.
What's your prediction? Will BTC hit $78K first or drop toward $60K? 👇
#Bitcoin #BTC #CryptoMarket #trading
#BinanceSquare
A quick update on my $BTC long position.
I'm still holding my position despite being in the red. My overall market outlook remains unchanged.
After the massive sell-off, $BTC is consolidating around $75K–$76K. Many traders are expecting another major drop, but the liquidity picture suggests a possible upside move first.
📊 Here's what I'm watching:
- Strong short-side liquidity is building around $77K–$78K.
- BTC is consolidating below a descending resistance trendline.
- A breakout above this resistance could trigger a short squeeze and push prices toward higher liquidity zones.
🎯 My Main Target: $78,000
Of course, another downside move is still possible. The market could surprise both bulls and bears, so risk management is essential.
I'm staying patient, watching liquidity, and waiting for confirmation rather than reacting to every market move.
What's your prediction? Will BTC hit $78K first or drop toward $60K? 👇
#Bitcoin #BTC #CryptoMarket #trading
#BinanceSquare
