$BTC The bears could be back...



We're forming a partial bear flag on the daily timeframe.

If we follow the previous trend, we could see a small rally up to the trendline resistance. This actually aligns with my thesis of filling the imbalances and reaching the 0.5 fib level.

Once we've swept this zone, I'm expecting a large retracement that takes out all the liquidity from the staircase move off the previous low at $57k.
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IntPick
· 1h ago
Is the bear flag about to be formed? I’m fine with the logic of “pump first, then dump”—I’ll place a short position and wait for it.
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牛气爆棚
· 1h ago
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
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GateUser-0742d351
· 2h ago
I’m also holding a short position, a bit panicked—it feels kind of like a fake-out that’s meant to lure shorts, and I can’t take it anymore; every day it just keeps going the opposite way 😂
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ElliottWalker
· 2h ago
The charts look pretty good, but the market often doesn’t follow the script. I feel it could just drop without bouncing back. I’ll wait for confirmation.
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LeverageCushion
· 2h ago
This analysis seems pretty reliable—if it really first pulls up to the resistance level and then plunges, the strategy will be clear.
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FloorRecorder
· 2h ago
I’m holding short positions, and I’m kind of panicking right now. Will that small rebound you mentioned actually wipe me out—trigger a liquidation? If it really hits 57k, that’d be great.
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