$BTC DUMP ALERT đŽđŽđŽ
As you can see after a massive dup BTC is pumping maximum traders thinking we are in uptrend that's a trap...
Toda I will explain why do I think BTC can dump again very fast
1- as you can see after a massive dump pumping again but there is a massive FVG at 84400-85300 level... BTC came back again to test that FVG level... so technically dump is not over yet .... IF BTC touches that FVG level we can expect another sell pressure or rejection
2- In 1h timeframe usdt dominance is showing bullishness... Right now USDT dominance holding a strong support after a dup so we can expect a bounce back from here.... Hope you know if usdt dominance is bullish that means Crypto market is bearish....
3- In liquidation heat map hope you can see there is massive liquidity at top at 88k level but right now market is taking buyers liquidity... BTC again created massive liquidity at 80k level which is buyers liquidity so btc will squeeze buyers SL that means down trending movement probability is high
If you want you can follow my trade setup
Entry price- 84200- 85000
leverage 15x-12x
1st tp- 81800
2nd tp- 79600
3rd tp- 76000
SL- 87400
As you can see after a massive dup BTC is pumping maximum traders thinking we are in uptrend that's a trap...
Toda I will explain why do I think BTC can dump again very fast
1- as you can see after a massive dump pumping again but there is a massive FVG at 84400-85300 level... BTC came back again to test that FVG level... so technically dump is not over yet .... IF BTC touches that FVG level we can expect another sell pressure or rejection
2- In 1h timeframe usdt dominance is showing bullishness... Right now USDT dominance holding a strong support after a dup so we can expect a bounce back from here.... Hope you know if usdt dominance is bullish that means Crypto market is bearish....
3- In liquidation heat map hope you can see there is massive liquidity at top at 88k level but right now market is taking buyers liquidity... BTC again created massive liquidity at 80k level which is buyers liquidity so btc will squeeze buyers SL that means down trending movement probability is high
If you want you can follow my trade setup
Entry price- 84200- 85000
leverage 15x-12x
1st tp- 81800
2nd tp- 79600
3rd tp- 76000
SL- 87400