According to my analysis, BTC could potentially sell off on Monday.
The main reason is that on the 1D timeframe, the market has already taken the buy-side liquidity. Now I’m watching two important zones:
🔴 Zone 1 — Breakout/Resistance Zone
If BTC breaks and closes above this zone, there is a possibility that price could move higher to take the sellers’ stop losses (liquidity) above the zone before reversing back down.
However, if BTC breaks below this zone, it could confirm further bearish momentum, with 83,250 being an important level to watch. A move below 83,250 could open the possibility of a further short move.
🟢 Zone 2 — 30M FVG
The second zone is a Fair Value Gap (FVG) on the 30-minute timeframe. There is a possibility that BTC could retrace into this FVG and move upward toward 85,750–86,000.
If price reaches this area and gets rejected, I would then watch for another move to the downside.
This is only my personal analysis, not financial advice. Everyone should do their own research and manage risk accordingly.
What’s your view on BTC for Monday? Share your analysis in the comments. 👇
#BTCanalysis #BTCBearishOrBullish
The main reason is that on the 1D timeframe, the market has already taken the buy-side liquidity. Now I’m watching two important zones:
🔴 Zone 1 — Breakout/Resistance Zone
If BTC breaks and closes above this zone, there is a possibility that price could move higher to take the sellers’ stop losses (liquidity) above the zone before reversing back down.
However, if BTC breaks below this zone, it could confirm further bearish momentum, with 83,250 being an important level to watch. A move below 83,250 could open the possibility of a further short move.
🟢 Zone 2 — 30M FVG
The second zone is a Fair Value Gap (FVG) on the 30-minute timeframe. There is a possibility that BTC could retrace into this FVG and move upward toward 85,750–86,000.
If price reaches this area and gets rejected, I would then watch for another move to the downside.
This is only my personal analysis, not financial advice. Everyone should do their own research and manage risk accordingly.
What’s your view on BTC for Monday? Share your analysis in the comments. 👇
#BTCanalysis #BTCBearishOrBullish
