tradingview

1️⃣ $BTC has dropped to the 81k support, which is the previous low.
This area is forming a possible double bottom, so a short-term rebound is possible. But the key question is what happens next.
2️⃣ Let’s be honest — we are in a bear market, and not at the end, but somewhere in the middle phase.
The trend is still downward, and the final bottom hasn’t arrived yet.
I expect the real bottom to form around mid-year, possibly in the 50k–60k zone.
3️⃣ In the short term, price may fake-break below 81k to shake out traders.
✔️ If BTC breaks down and quickly recovers above 81k, then a rebound toward 84k is possible.
❌ If it fails to recover, that’s a real breakdown — better to stay out.
4️⃣ Aggressive traders can try left-side trades:
Small long near 81k–82k, tight stop below the previous low, only aiming for a rebound.
Safer approach: avoid longs and look to short strong rebounds instead.
5️⃣ Bear market rule: doing nothing is a position.
Staying mostly in cash already beats 90% of retail traders.
Holding spot patiently and buying near the real bottom can still give 5–15x in the next bull cycle.
6️⃣ This drop is largely linked to the U.S. stock market earnings cycle — good news got fully priced in, then markets pulled back, and crypto followed.
This wasn’t random; it was a macro-driven move.
7️⃣ My positioning:
I’m holding short exposure, already took partial profits, and will look to re-short on strong rebounds.
If no rebound comes, I’ll stay patient and wait for the true bottom in the coming months.
Final thought:
Bear markets punish impatience.
Trade small, protect capital, and wait for high-probability setups.
#Bitcoin #BTC #CryptoMarket #BearMarket