🚨BITCOIN IS SETTING UP ANOTHER TRAP! 👀
Everyone is asking the same question right now… Has Bitcoin finally bottomed out, or is there another dump coming?
Well, I'm still not convinced this is the bottom.
BTC is trading around $77,500, and yes, we're seeing a small recovery. But look at the bigger picture. Both the 1H and 4H structures are still bearish, and buyers haven't shown enough strength to change that.
Now here's what I'm watching. 👇
There's a pretty big liquidity cluster sitting around $78,200–$78,500. I think BTC could first push higher, grab that liquidity, and then face another rejection.
And there's a reason I'm leaning bearish. Funding is still positive, OI is rebuilding, and we still have plenty of liquidity resting below the recent lows.
🐼 MY BTC SHORT SETUP
I'm watching $78,200–$78,500 for a possible short, but I want to see a proper rejection first. No point rushing into a trade.
🎯 TP1: $77,000
🎯 TP2: $76,350
🎯 TP3: $76,000
A sustained move above $78,850 would weaken this setup.
And remember, $SOL , $ETH and $XRP are likely to follow $BTC 's direction, so keep an eye on them too.
Everyone is asking the same question right now… Has Bitcoin finally bottomed out, or is there another dump coming?
Well, I'm still not convinced this is the bottom.
BTC is trading around $77,500, and yes, we're seeing a small recovery. But look at the bigger picture. Both the 1H and 4H structures are still bearish, and buyers haven't shown enough strength to change that.
Now here's what I'm watching. 👇
There's a pretty big liquidity cluster sitting around $78,200–$78,500. I think BTC could first push higher, grab that liquidity, and then face another rejection.
And there's a reason I'm leaning bearish. Funding is still positive, OI is rebuilding, and we still have plenty of liquidity resting below the recent lows.
🐼 MY BTC SHORT SETUP
I'm watching $78,200–$78,500 for a possible short, but I want to see a proper rejection first. No point rushing into a trade.
🎯 TP1: $77,000
🎯 TP2: $76,350
🎯 TP3: $76,000
A sustained move above $78,850 would weaken this setup.
And remember, $SOL , $ETH and $XRP are likely to follow $BTC 's direction, so keep an eye on them too.
