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$BTC 🔴 BTC/USDT Trade Signal
Bias: Bearish 📉
Entry: 63,000 – 63,500
Take Profit 1: 61,450
Take Profit 2: 60,000
Take Profit 3: 59,350
Stop Loss: 64,150
$BTC
BTC is showing lower highs on the 1D chart, with price struggling below the 63,550 resistance zone. A rejection here could push BTC toward the 61,450 support and lower.
⚠️ Always use proper risk management and never risk more than 1–2% of your capital on a single trade.
NFA | DYOR$BTC
BTC
+0.02%
SongXiqingBit
2026-08-16 12:01
The market is still moving over the weekend—today is Sunday.
False moves designed to lure longs or shorts often occur on Sundays. With the market currently in the key monthly reversal window (the 14th–16th), this round will very likely replicate such a move: a Sunday dump to shake out traders, followed by a rally next week.
A bullish accumulation structure has already emerged on lower time frames, accompanied by spot accumulation. First, watch the EQH liquidity level at 64.5k; above that is the daily order block.
My trading plan:
If a downside fakeout and dump occurs on Sunday, I’ll look for opportunities to go long below, targeting the EQH above;
If the price surges into the daily OB area, I’ll look for an opportunity to enter a short position.
For clarification: many people will mention that I previously said the target was 61.3k. That’s correct—this view has not changed. But I also said at the time that the market could first surge to 64.5k, then provide an opportunity to short.
$BTC $ETH $XAU
BTC
+0.02%
ETH
+0.05%
XAU
+0.03%
SongXiqingBit
2026-08-16 11:57
After retesting support at 4340, gold prices encountered resistance around 4390–4400. The recent rebound from the lower boundary of the range has seen bullish momentum recover somewhat, but effective confirmation is still lacking.
If prices hold and break above 4400, the market may move further toward 4430–4460; otherwise, if they face pressure and fall back below 4340, the support at 4300 will become the new focus of observation.
$BTC $ETH $XAU