Bitcoin / TetherUSמעודכן $BTC: warning
📉 BTC Chart Tells a Different Story Than Social Media
Bitcoin whales seem desperate to lure retail investors intoBTC, but the charts paint a different picture—one that looks more like a warning signal than a buying opportunity.
🚨 Key Observations
🔴 Rejected at
98K SIX times – The dream of a pump to 100K+ is fading fast.
🔴 Rejected twice at 97.2K – Further signs of weakness.
🔴 Failed support at 96.7K – Old supports are now turning into resistance.
📊 Technical Breakdown
✅ Daily Chart: Shows bullish momentum, but price action cancels it as sellers take profits.
❌ Weekly Chart: Bearish and confirmed—this trend is playing out now. (Check my weekly bearish trend warning here: 🔗 TradingView Link)
📉 Support Levels to Watch
🔻 95.7K, 95K, 93.3K, and 92.4K
🔻BTC should not drop below 91K without a strong bounce.
🕰️ A Look Back: I Warned About This
📌 December 17, 2024: I called the market top—it seemed crazy then, not so crazy now. 🔗 TradingView Link
📌 November 25, 2024: I warned about this bearish consolidation, and it’s playing out exactly as expected. 🔗 TradingView Link
🔮 Where is the Bottom?
📍 I still believe 85K is the likely bottom of this consolidation. Charts don’t lie—math always plays out in the long run. Of course everything can happen, I am talking about probabilities.
❓ Is This the End of the Bull Market?
🤔 No clear answer. However, ETFs have changed Bitcoin’s cycle. Instead of a classic bear market, I expect:
🔹 1-month pumps 🚀
🔹 Followed by 5-month consolidations 📉 (-30% corrections)
Conclusion: We are chopping sideways, much like we did from June to October 2024. The probability of seeing 85K is high. Be cautious and trade smart. 🧐📊
The bull market will resume around May 2025.
BTC Chart Tells a Different Story Than Social MediaBitcoin whales seem desperate to lure retail investors into
BTC, but the charts paint a different picture—one that looks more like a warning signal than a buying opportunity.🚨 Key Observations
🔴 Rejected at
98K SIX times – The dream of a pump to 100K+ is fading fast.🔴 Rejected twice at 97.2K – Further signs of weakness.
🔴 Failed support at 96.7K – Old supports are now turning into resistance.
📊 Technical Breakdown
✅ Daily Chart: Shows bullish momentum, but price action cancels it as sellers take profits.
❌ Weekly Chart: Bearish and confirmed—this trend is playing out now. (Check my weekly bearish trend warning here: 🔗 TradingView Link)
📉 Support Levels to Watch
🔻 95.7K, 95K, 93.3K, and 92.4K
🔻
BTC should not drop below 91K without a strong bounce.🕰️ A Look Back: I Warned About This
📌 December 17, 2024: I called the market top—it seemed crazy then, not so crazy now. 🔗 TradingView Link
📌 November 25, 2024: I warned about this bearish consolidation, and it’s playing out exactly as expected. 🔗 TradingView Link
🔮 Where is the Bottom?
📍 I still believe 85K is the likely bottom of this consolidation. Charts don’t lie—math always plays out in the long run. Of course everything can happen, I am talking about probabilities.
❓ Is This the End of the Bull Market?
🤔 No clear answer. However, ETFs have changed Bitcoin’s cycle. Instead of a classic bear market, I expect:
🔹 1-month pumps 🚀
🔹 Followed by 5-month consolidations 📉 (-30% corrections)
Conclusion: We are chopping sideways, much like we did from June to October 2024. The probability of seeing 85K is high. Be cautious and trade smart. 🧐📊
The bull market will resume around May 2025.
עסקה סגורה: היעד הושג
So we reached our 3 first targets down to 93k. Mission accomplished.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.