๐ฅ BTC/USD Outlook โ Is Bitcoin Losing Steam? ๐ง ๐
I'm keeping a close watch on Bitcoin (BTC/USD) this week, and the current price action is flashing some key signals.
๐ Over the past several sessions, BTC has struggled to hold momentum, and weโre now seeing a shift in tone. On the 4-hour timeframe, the market structure is tilting bearish, with a pattern of lower highs and lower lows developing โ a classic sign of weakness โ ๏ธ๐.
๐ The most recent downside leg has caused a clear break in structure, and BTC is now retracing back into a potential supply zone, hovering around equilibrium of the recent move. This zone will be critical to watch for signs of seller re-entry.
โณ On the 30-minute chart, Iโm waiting for a decisive shift in structure โ a break of local support or a failed rally that confirms bearish continuation. Should that play out, it could signal a high-probability short setup.
๐ช A breakdown in BTC often has broader implications โ especially in the risk asset space. If we see weakness here, JPY pairs may strengthen as capital rotates into safer assets ๐ด๐.
โ ๏ธ Disclaimer:
This is not financial advice. The information provided is for educational purposes only. Please conduct your own analysis and consult a licensed professional before making any investment decisions. ๐๐ผ
I'm keeping a close watch on Bitcoin (BTC/USD) this week, and the current price action is flashing some key signals.
๐ Over the past several sessions, BTC has struggled to hold momentum, and weโre now seeing a shift in tone. On the 4-hour timeframe, the market structure is tilting bearish, with a pattern of lower highs and lower lows developing โ a classic sign of weakness โ ๏ธ๐.
๐ The most recent downside leg has caused a clear break in structure, and BTC is now retracing back into a potential supply zone, hovering around equilibrium of the recent move. This zone will be critical to watch for signs of seller re-entry.
โณ On the 30-minute chart, Iโm waiting for a decisive shift in structure โ a break of local support or a failed rally that confirms bearish continuation. Should that play out, it could signal a high-probability short setup.
๐ช A breakdown in BTC often has broader implications โ especially in the risk asset space. If we see weakness here, JPY pairs may strengthen as capital rotates into safer assets ๐ด๐.
โ ๏ธ Disclaimer:
This is not financial advice. The information provided is for educational purposes only. Please conduct your own analysis and consult a licensed professional before making any investment decisions. ๐๐ผ
๐ฅ๐ฐ FOREX SIGNALS to Pass Your Prop Challenge or Scale Your Acc
๐๐๐ youtu.be/BlfrCTqTow8
GOLD Signals ๐๐ youtu.be/gXIEt38bcZE
โ Discord
๐ discord.com/invite/PcBeCdwVQq
โ Telegram
๐ t.me/anthonys_forex
๐๐๐ youtu.be/BlfrCTqTow8
GOLD Signals ๐๐ youtu.be/gXIEt38bcZE
โ Discord
๐ discord.com/invite/PcBeCdwVQq
โ Telegram
๐ t.me/anthonys_forex
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
๐ฅ๐ฐ FOREX SIGNALS to Pass Your Prop Challenge or Scale Your Acc
๐๐๐ youtu.be/BlfrCTqTow8
GOLD Signals ๐๐ youtu.be/gXIEt38bcZE
โ Discord
๐ discord.com/invite/PcBeCdwVQq
โ Telegram
๐ t.me/anthonys_forex
๐๐๐ youtu.be/BlfrCTqTow8
GOLD Signals ๐๐ youtu.be/gXIEt38bcZE
โ Discord
๐ discord.com/invite/PcBeCdwVQq
โ Telegram
๐ t.me/anthonys_forex
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.