$BNB Bear market over… or the biggest bull trap?
Full weekly cycle breakdown:
📉 -54% from the $126K ATH
🧲 Liquidity swept at ~$58K
⚡ Weekly CHoCH + MACD bull cross
📍 Price sitting on the 0.382 fib (~$83.5K)
🟢 Hold $79K → $92K → $100K (the trend-flip level)
🔴 Lose $79K → $70K, and below $57K the bounce is a trap
Short-term: bullish. Macro: unconfirmed until a weekly close above $100K.
2021: a run to a double top near $690, then a bear market of about 73% down to $188.
2022–23: a long accumulation range between roughly $190 and $300.
2024: a BOS up through the old 2021 high, followed by a $500–$800 range through
2024–25. Oct 2025: a spike to an ATH of $1,376, then a drop of about 60% to the $545 area.
Nov 2025: a CHoCH down came first, then equal lows around $545–$575 swept liquidity.
2026: a weekly CHoCH up above about $750, and price is now retesting that level at $745.88. Price is above all four EMAs, and the weekly MACD has crossed bullish. Fib levels (from the $544 low to the $1,376 ATH): 0.236 at about $740, which is where price is now; 0.382 at $862; 0.5 at $960; 0.618 at $1,058.
Verdict: short-term structure is bullish. The macro trend stays unconfirmed until a weekly close above about $950, the last lower high.
Volume: it’s low (806K), which is my main caution, the same as on Bitcoin.
Are you bullish or waiting for $100K? 🐂 / 🐻
#Bitcoin #BTC #CryptoAnalysis #smartmoney #Fibonacci
Full weekly cycle breakdown:
📉 -54% from the $126K ATH
🧲 Liquidity swept at ~$58K
⚡ Weekly CHoCH + MACD bull cross
📍 Price sitting on the 0.382 fib (~$83.5K)
🟢 Hold $79K → $92K → $100K (the trend-flip level)
🔴 Lose $79K → $70K, and below $57K the bounce is a trap
Short-term: bullish. Macro: unconfirmed until a weekly close above $100K.
2021: a run to a double top near $690, then a bear market of about 73% down to $188.
2022–23: a long accumulation range between roughly $190 and $300.
2024: a BOS up through the old 2021 high, followed by a $500–$800 range through
2024–25. Oct 2025: a spike to an ATH of $1,376, then a drop of about 60% to the $545 area.
Nov 2025: a CHoCH down came first, then equal lows around $545–$575 swept liquidity.
2026: a weekly CHoCH up above about $750, and price is now retesting that level at $745.88. Price is above all four EMAs, and the weekly MACD has crossed bullish. Fib levels (from the $544 low to the $1,376 ATH): 0.236 at about $740, which is where price is now; 0.382 at $862; 0.5 at $960; 0.618 at $1,058.
Verdict: short-term structure is bullish. The macro trend stays unconfirmed until a weekly close above about $950, the last lower high.
Volume: it’s low (806K), which is my main caution, the same as on Bitcoin.
Are you bullish or waiting for $100K? 🐂 / 🐻
#Bitcoin #BTC #CryptoAnalysis #smartmoney #Fibonacci