As long as Bitcoin hasn’t crossed the 99-period moving average on the weekly chart, you still have time to buy. Once it crosses, the bull rally begins—we’re heading to 150k or 200k. What do you think? I’m reading your comments #bitcoin #alcista #rally
The Coinglass chart reveals a battlefield with liquidity traps on both sides. Price is compressed, and the direction of the next breakout will depend on whether the market clings to hopes for Fed liquidity or whether fears of regulation and inflation take control. The key is to watch how price reacts at 83,700; a break of either of these levels could trigger a cascade of liquidations toward the next target.
Bitcoin loses ground: Trend reversal on the 1H chart? 📉
The $BTC/USDT chart on the 1-hour timeframe shows a sharp correction (-3.17%) after hitting a ceiling around $84,500.
Looking at the structure indicators, we saw a CHoCH DOWN (Change of Character) followed by a BOS DOWN (Break of Structure), confirming that the short-term uptrend is losing steam.
🔍 Key levels to watch: • Immediate support: $81,400–$81,500 zone. If we lose this level, we could see a bearish move toward $80,800. • Resistance: $82,500 and $83,000 are now acting as ceilings after the drop. • We see several "SELL LIQ" and "BUY LIQ" markers, indicating that the market has swept liquidity in both directions. Do you think $81,400 will hold, or are we heading toward $80,000?