Hey everyone! 👋
How was your trading week? Hope it was green and profitable! 💰
Sharing my current Bitcoin view with you.
In my opinion, the recent rally we’ve seen was either part of an ongoing correction or the final leg of a correction after the previous sharp drop.
Either way, I expect the next meaningful move to be to the downside.
Right now I see two possible scenarios, but both lead to the same outcome in the near term:
→ A decline toward the $85,000 area
🟠either straight from the current price
🟣or after one more push higher toward ~$92,000–$92,500
This coming drop can be interpreted in two ways:
1. As wave B of the ABC correction from the recent crash → after $85K is reached we can expect a strong recovery and new highs above $93K (and likely much higher).
2. If the correction from the crash is already fully complete, then the drop to $85K will mark the start of a new bearish trend continuation.
We’ll watch the internal structure of the upcoming decline — it will give us the clues which of the two bigger pictures is playing out.
❌Invalidation level for the entire bearish scenario: $93,080
Any clear touch and break above this level cancels the idea completely.
Of course, I’ll keep posting fresh updates and chart markups as the price action unfolds, so make sure to hit that
Follow button and turn on notifications — you don’t want to miss the next posts! 🔔
Stay sharp and trade safe, friends! 🚀
See you in the charts! 📊
How was your trading week? Hope it was green and profitable! 💰
Sharing my current Bitcoin view with you.
In my opinion, the recent rally we’ve seen was either part of an ongoing correction or the final leg of a correction after the previous sharp drop.
Either way, I expect the next meaningful move to be to the downside.
Right now I see two possible scenarios, but both lead to the same outcome in the near term:
→ A decline toward the $85,000 area
🟠either straight from the current price
🟣or after one more push higher toward ~$92,000–$92,500
This coming drop can be interpreted in two ways:
1. As wave B of the ABC correction from the recent crash → after $85K is reached we can expect a strong recovery and new highs above $93K (and likely much higher).
2. If the correction from the crash is already fully complete, then the drop to $85K will mark the start of a new bearish trend continuation.
We’ll watch the internal structure of the upcoming decline — it will give us the clues which of the two bigger pictures is playing out.
❌Invalidation level for the entire bearish scenario: $93,080
Any clear touch and break above this level cancels the idea completely.
Of course, I’ll keep posting fresh updates and chart markups as the price action unfolds, so make sure to hit that
Follow button and turn on notifications — you don’t want to miss the next posts! 🔔
Stay sharp and trade safe, friends! 🚀
See you in the charts! 📊
6+ years in trading. I read the charts like stories and share the ones worth telling
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
6+ years in trading. I read the charts like stories and share the ones worth telling
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.