$BTC Bearish Call Playing Out Perfectly


BTC broke below the key trendline support, retested $65.6K exactly as expected, and got rejected.

Since that bearish retest, Bitcoin is already down 4%, while our stop loss remains untouched.
As long as price stays below the reclaimed resistance, I'm still targeting the 0.618 Fibonacci support near $61K.

Patience pays. Let the setup play out

#CXMTDrops7.7%AtOpen $BTC ‌
BTC0.98%
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WETHWrapper
· 14h ago
Which high and low points does the trend line you’re using connect? My drawing is a bit blurry, so I want to use yours as a reference.
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MacroHunter
· 15h ago
The analysis is very well done. 61K is indeed a key support level; if it breaks, it could accelerate the selloff.
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StatsNerd
· 15h ago
Every time I see predictions that are this precise, I can’t help but admire them—but I can never seem to get my own trades right. Haha.
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MinerBuddy
· 16h ago
The logic is clear, but I think BTC around 62K will see a strong rebound—after all, the bulls aren’t going to give up that easily.
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KeyDeep
· 16h ago
This pullback is pretty healthy; it had risen too fast earlier. Wait patiently for the retracement to around 61K before considering entering.
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MRTerrific
· 17h ago
🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂🙂😃😃😃😃
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