🚨 STOP SCROLLING. I think $BTC might have one more nasty shakeout before its next major move up.
Look, I'm not convinced the correction is finished just yet.
The chart is showing an interesting possibility. BTC already formed a local top around $87K, but I think the market may need one more liquidity sweep before a proper recovery begins.
Here's what I'm watching.
First, a possible flush toward $70K–$73K. That would catch late longs offside and clear some of the leverage from the market.
Then comes the interesting part.
I’m watching for BTC to rebuild a range around $85K–$100K, potentially push above its highs, and then sweep below the range lows before the real expansion.
Basically, one more fakeout to frustrate both sides.
If this structure plays out and BTC successfully reclaims the range, I wouldn't be surprised to see another strong move toward new ATH territory.
My bigger target? $140K+.
But don't get too comfortable with the bullish scenario. If the structure fails, the whole idea needs to be reconsidered.
Would you buy the $70K–$73K dip, or do you think BTC has more downside ahead?
#AnthropicRejectsIPODelayValuationinQuestion #BTC #CryptoMarket #BitcoinAnalysis
Look, I'm not convinced the correction is finished just yet.
The chart is showing an interesting possibility. BTC already formed a local top around $87K, but I think the market may need one more liquidity sweep before a proper recovery begins.
Here's what I'm watching.
First, a possible flush toward $70K–$73K. That would catch late longs offside and clear some of the leverage from the market.
Then comes the interesting part.
I’m watching for BTC to rebuild a range around $85K–$100K, potentially push above its highs, and then sweep below the range lows before the real expansion.
Basically, one more fakeout to frustrate both sides.
If this structure plays out and BTC successfully reclaims the range, I wouldn't be surprised to see another strong move toward new ATH territory.
My bigger target? $140K+.
But don't get too comfortable with the bullish scenario. If the structure fails, the whole idea needs to be reconsidered.
Would you buy the $70K–$73K dip, or do you think BTC has more downside ahead?
#AnthropicRejectsIPODelayValuationinQuestion #BTC #CryptoMarket #BitcoinAnalysis

