Is $BTC going to $79K next? Or is this just another trap before the real move?
Here’s what I’m seeing right now on BTC:
On the daily time frame, BTC got rejected again from the $84.3K area.
That level is clearly acting like resistance for now.
At the same time, the liquidation map is showing a big long liquidation zone between $80K and $83.1K.
That means there is still a lot of downside liquidity sitting below price.
To me, this makes the setup very simple:
If BTC keeps failing below $84.3K,
there is a strong chance the market goes lower first
and tries to sweep that liquidity below.
So for now, I’m leaning bearish unless BTC reclaims that level properly.
My trade plan on BTC:
Entry: around current area
TP: $81,510
SL: $84,753 👇🏻
Why this trade?
$BTC is struggling to break above resistance
Daily structure still looks weak
A lot of liquidity is sitting below
Market makers usually love taking that liquidity first
So yes, in my opinion, a move toward lower levels is still possible, and if momentum gets stronger, even the $80K zone can be tested.
I’m not saying BTC must crash instantly.
It can still bounce a little here and there.
But as long as price stays under $84.3K, I think bears still have the edge.
If $BTC reclaims $84.3K with strength, then this bearish idea becomes weak.
But until that happens, I’m watching downside first.
Let’s see if BTC really wants to visit lower liquidity…
or if this market is preparing another surprise.
Here’s what I’m seeing right now on BTC:
On the daily time frame, BTC got rejected again from the $84.3K area.
That level is clearly acting like resistance for now.
At the same time, the liquidation map is showing a big long liquidation zone between $80K and $83.1K.
That means there is still a lot of downside liquidity sitting below price.
To me, this makes the setup very simple:
If BTC keeps failing below $84.3K,
there is a strong chance the market goes lower first
and tries to sweep that liquidity below.
So for now, I’m leaning bearish unless BTC reclaims that level properly.
My trade plan on BTC:
Entry: around current area
TP: $81,510
SL: $84,753 👇🏻
Why this trade?
$BTC is struggling to break above resistance
Daily structure still looks weak
A lot of liquidity is sitting below
Market makers usually love taking that liquidity first
So yes, in my opinion, a move toward lower levels is still possible, and if momentum gets stronger, even the $80K zone can be tested.
I’m not saying BTC must crash instantly.
It can still bounce a little here and there.
But as long as price stays under $84.3K, I think bears still have the edge.
If $BTC reclaims $84.3K with strength, then this bearish idea becomes weak.
But until that happens, I’m watching downside first.
Let’s see if BTC really wants to visit lower liquidity…
or if this market is preparing another surprise.