$BTC SHAKEOUT ISN’T OVER 📉
Everyone is watching the $87K level after BTC failed to push higher.
But what if the next move down is exactly what the market needs?
Here’s what I’m watching 👇
🔻 $75K–$68K: Potential Liquidity Sweep
BTC could drop toward $75K and potentially sweep the $68K local bottom. Such a move could shake out late buyers and convince more traders that the downtrend is still in control.
🟠 $83K: Potential Bear Trap
A recovery toward $83K could trap late bears if bullish momentum returns and price reclaims key levels.
🎯 $98K: Key Resistance
If BTC recovers and approaches $98K, this level becomes crucial. A confirmed breakout followed by a successful retest could strengthen the bullish outlook.
🚀 $112K: Potential Breakout Target
If BTC breaks above $98K and holds it as support, the next potential upside target could be $112K.
📊 MY TAKE:
Sometimes, the market moves in the opposite direction of what most traders expect. A deeper shakeout could set the stage for a recovery, but confirmation
#EarningsSeason #KOSPIFallsMoreThan2%
Everyone is watching the $87K level after BTC failed to push higher.
But what if the next move down is exactly what the market needs?
Here’s what I’m watching 👇
🔻 $75K–$68K: Potential Liquidity Sweep
BTC could drop toward $75K and potentially sweep the $68K local bottom. Such a move could shake out late buyers and convince more traders that the downtrend is still in control.
🟠 $83K: Potential Bear Trap
A recovery toward $83K could trap late bears if bullish momentum returns and price reclaims key levels.
🎯 $98K: Key Resistance
If BTC recovers and approaches $98K, this level becomes crucial. A confirmed breakout followed by a successful retest could strengthen the bullish outlook.
🚀 $112K: Potential Breakout Target
If BTC breaks above $98K and holds it as support, the next potential upside target could be $112K.
📊 MY TAKE:
Sometimes, the market moves in the opposite direction of what most traders expect. A deeper shakeout could set the stage for a recovery, but confirmation
#EarningsSeason #KOSPIFallsMoreThan2%
