⚠️🚨 $BTC at $85K — Why I’m Still Bearish
BTC has pushed from around $80K to $85K, but this move still doesn’t convince me.
I previously highlighted the $83K–$84K area as a major liquidity zone where many shorts could be liquidated. Now that BTC has reached $84K–$85K, that scenario has played out.
But here’s the bigger picture:
1️⃣ Supply & adoption aren’t enough by themselves.
When inflation rises, jobs weaken, or war hits the economy, people may sell assets—including BTC or gold—to cover real-life expenses.
2️⃣ BTC is now deeply connected to global markets.
With ETFs and institutional participation, major macro events can quickly affect BTC alongside stocks, gold and other risk assets.
3️⃣ War + oil + inflation = pressure.
Geopolitical escalation can push oil higher, increasing inflationary pressure and hurting consumer spending and risk appetite. Recent market data has already linked higher oil and Treasury yields with renewed pressure on BTC.
4️⃣ The volume still matters.
Even though BTC is pumping, I’m not seeing enough conviction to call this move a confirmed sustainable breakout.
5️⃣ $85K liquidity has now been attacked.
A large portion of short positions have already been squeezed, while traders who entered earlier may have liquidation levels above this area.
I’m still bearish.
For traders already stuck in shorts, patience may be required. If you’re already long and in profit, that’s different—but opening a fresh leveraged long here carries significant downside risk.
🎯 My downside target: $74K
There is substantial liquidation liquidity below that area, so another sharp move down remains possible.
I’ll share the next update when the structure develops.
Trade Here 👇🏻
BTC has pushed from around $80K to $85K, but this move still doesn’t convince me.
I previously highlighted the $83K–$84K area as a major liquidity zone where many shorts could be liquidated. Now that BTC has reached $84K–$85K, that scenario has played out.
But here’s the bigger picture:
1️⃣ Supply & adoption aren’t enough by themselves.
When inflation rises, jobs weaken, or war hits the economy, people may sell assets—including BTC or gold—to cover real-life expenses.
2️⃣ BTC is now deeply connected to global markets.
With ETFs and institutional participation, major macro events can quickly affect BTC alongside stocks, gold and other risk assets.
3️⃣ War + oil + inflation = pressure.
Geopolitical escalation can push oil higher, increasing inflationary pressure and hurting consumer spending and risk appetite. Recent market data has already linked higher oil and Treasury yields with renewed pressure on BTC.
4️⃣ The volume still matters.
Even though BTC is pumping, I’m not seeing enough conviction to call this move a confirmed sustainable breakout.
5️⃣ $85K liquidity has now been attacked.
A large portion of short positions have already been squeezed, while traders who entered earlier may have liquidation levels above this area.
I’m still bearish.
For traders already stuck in shorts, patience may be required. If you’re already long and in profit, that’s different—but opening a fresh leveraged long here carries significant downside risk.
🎯 My downside target: $74K
There is substantial liquidation liquidity below that area, so another sharp move down remains possible.
I’ll share the next update when the structure develops.
Trade Here 👇🏻
