73.436 broken — the level I’d been holding since CPI finally gave way, and this time with a 4H close.
Context: after the hot CPI at 20:30 WIB, BTC briefly held above the weekend low of 73.436 — that’s what I wrote in my 21:00 WIB post. At 22:30 WIB, a 15-minute candle broke down to 72.812 and closed at 72.965, then the 4H candle from 19:00–23:00 WIB closed at 73.180 — below the level. BTC is now around 73.360. ETH also broke down: it briefly hit 2.004, nearly touching 2.000, and is now around 2.033. SOL fell to 81,26, XRP to 1,0305.
Bullish scenario: reclaim 73.436 with a 4H close above it — that would make this a false break, and the market would return to the 73.436–74.600 range.
Bearish scenario: price holds below 73.436 — confirming the breakdown and officially opening the path to 70.000 that I mentioned earlier. The session low of 72.812 is the next line to watch if pressure continues.
My conclusion: I’m leaning cautious, not looking to enter. I’ll wait to see whether there’s a reclaim or further downside — without that, this isn’t the place to guess at a bounce.
What do you think — is this a real breakdown or a trap before a reclaim?
This is my analysis, not financial advice — always DYOR.
#Bitcoin #CPI $BTC $ETH
Context: after the hot CPI at 20:30 WIB, BTC briefly held above the weekend low of 73.436 — that’s what I wrote in my 21:00 WIB post. At 22:30 WIB, a 15-minute candle broke down to 72.812 and closed at 72.965, then the 4H candle from 19:00–23:00 WIB closed at 73.180 — below the level. BTC is now around 73.360. ETH also broke down: it briefly hit 2.004, nearly touching 2.000, and is now around 2.033. SOL fell to 81,26, XRP to 1,0305.
Bullish scenario: reclaim 73.436 with a 4H close above it — that would make this a false break, and the market would return to the 73.436–74.600 range.
Bearish scenario: price holds below 73.436 — confirming the breakdown and officially opening the path to 70.000 that I mentioned earlier. The session low of 72.812 is the next line to watch if pressure continues.
My conclusion: I’m leaning cautious, not looking to enter. I’ll wait to see whether there’s a reclaim or further downside — without that, this isn’t the place to guess at a bounce.
What do you think — is this a real breakdown or a trap before a reclaim?
This is my analysis, not financial advice — always DYOR.
#Bitcoin #CPI $BTC $ETH