📉 BTC — WATERFALL CONTINUATION & TESTING KEY SUPPORT! 🔄
$BTC is trading lower at 72,160.3 (-2.01%, or roughly Rs19,960,982.19), moving within a 24-hour range between a high of 74,771.4 and a low of 72,100.1. Price action on this 4-hour chart shows continued downside waterfall momentum, trading well below the fast MA(7) (73,542.3), MA(25) (74,245.3), and macro structural MA(99) (77,107.5) moving average bands.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 70,000.0–71,500.0 (strictly on confirmed volume exhaustion, heavy capitulation wicks, or structural stabilization signs)
🛑 STOP LOSS: 68,800.0
🎯 TP1: 75,000.0
🎯 TP2: 78,000.0
❓Are you watching for Bitcoin to carve out a capitulation bottom around the $72K zone and attempt a relief bounce, or expecting a deeper flush toward psychological support? Let's discuss below! 👇
👉 Trade: $BTC
#Bitcoin #BTC #cryptotrading #BinanceSquare #TradingSignal
$BTC is trading lower at 72,160.3 (-2.01%, or roughly Rs19,960,982.19), moving within a 24-hour range between a high of 74,771.4 and a low of 72,100.1. Price action on this 4-hour chart shows continued downside waterfall momentum, trading well below the fast MA(7) (73,542.3), MA(25) (74,245.3), and macro structural MA(99) (77,107.5) moving average bands.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 70,000.0–71,500.0 (strictly on confirmed volume exhaustion, heavy capitulation wicks, or structural stabilization signs)
🛑 STOP LOSS: 68,800.0
🎯 TP1: 75,000.0
🎯 TP2: 78,000.0
❓Are you watching for Bitcoin to carve out a capitulation bottom around the $72K zone and attempt a relief bounce, or expecting a deeper flush toward psychological support? Let's discuss below! 👇
👉 Trade: $BTC
#Bitcoin #BTC #cryptotrading #BinanceSquare #TradingSignal
