BTC – DEJAVU Pattern: Top Formation or Next Leg Higher?
Idea Description
Bitcoin is showing a DEJAVU pattern similar to previous bull run tops, with price structure replicating past cycle behavior. The critical level to watch is 111,900 on the daily timeframe.
A close below 111,900 could open the door for a dip toward 101,000 and possibly 93,000 if weakness continues.
However, if BTC defends this level and reclaims 116,500–118,000, the bearish outlook is invalidated, and we may see a push back toward 124,000+.
BTC is at a make-or-break zone, and upcoming daily closes will decide whether this is a distribution top or a continuation setup. Traders should stay flexible and manage risk accordingly.
What do you think?
Is BTC forming a cycle top here, or is this just a healthy correction before another leg up?
Share your thoughts and let’s see which side the community is leaning toward
📊 Quick Poll:
Do you think BTC is at a Top or setting up for Continuation?
✅ Top
🚀 Continuation
Vote with your emoji
#BTC #Bitcoin #Crypto #CryptoTrading #BTCUSD #TradingView #CryptoAnalysis #BitcoinUpdate #PriceAction #CryptoMarket
Idea Description
Bitcoin is showing a DEJAVU pattern similar to previous bull run tops, with price structure replicating past cycle behavior. The critical level to watch is 111,900 on the daily timeframe.
A close below 111,900 could open the door for a dip toward 101,000 and possibly 93,000 if weakness continues.
However, if BTC defends this level and reclaims 116,500–118,000, the bearish outlook is invalidated, and we may see a push back toward 124,000+.
BTC is at a make-or-break zone, and upcoming daily closes will decide whether this is a distribution top or a continuation setup. Traders should stay flexible and manage risk accordingly.
What do you think?
Is BTC forming a cycle top here, or is this just a healthy correction before another leg up?
Share your thoughts and let’s see which side the community is leaning toward
📊 Quick Poll:
Do you think BTC is at a Top or setting up for Continuation?
✅ Top
🚀 Continuation
Vote with your emoji
#BTC #Bitcoin #Crypto #CryptoTrading #BTCUSD #TradingView #CryptoAnalysis #BitcoinUpdate #PriceAction #CryptoMarket
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.