$BTC Price is slowly breaking down, we didn't get the retest that we expected before the rotation towards range lows,



But overall it's playing out decently now after spot sellers started participating alongside perps selling.

My target for a bounce is 76-77k as we still have 2-4 days before the major pivot,

So it's very possible we chop or get a staircase up build into the pivot then finally dump.

Also not to forget we are coming close to the news events too,

And aligning them with the pivot, I think we are about the get the first correction of this pump / breakdown of this range.
BTC-0.15%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
30 views
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
CosmicBridge
· an hour ago
It feels like you’re pretty accurate every time you call a pivot. This time, with the news catalyst, a dump seems likely, but my position is small, so I’ll watch from the sidelines and wait for confirmation.
View OriginalReply0
MempoolPainter
· an hour ago
Only when both spot and futures are being sold is it a real drop. Still, grinding down to the previous low and then bouncing within two or three days would be reasonable. I’m just worried it will plunge directly without giving me a chance to get in, in which case I’ll have no choice but to chase the short.
View OriginalReply0
RarityGuru
· an hour ago
This steady grind down without a pullback is indeed painful, but I agree with the 76–77K rebound zone—just waiting for a wick down to go long.
View OriginalReply0
  • Pinned