As previously shared
BTC had a potential to tap $114K when it was around $120K.
But now, $114K support has broken, and price is currently trading in the bearish retest zone post-breakdown.
Bearish Targets: $107,000/$101,000
Important Note:
Watch $115,700 zone closely- This could be a liquidity sweep trap.
If any HTF candle (4H/D) closes strongly above $115,700, it invalidates the bearish structure and may flip into a bull flag breakout.
Key Levels:
Bullish Flip Zone: $115,700 (Close Above HTF = Exit Shorts)
Trend Reversal Trigger: HTF close above $119,000 → Can open door to $131,000
Remember:
Trade with confirmation, not assumption.
Always respect key levels and adapt if market structure shifts.
NFA & DYOR
But now, $114K support has broken, and price is currently trading in the bearish retest zone post-breakdown.
Bearish Targets: $107,000/$101,000
Important Note:
Watch $115,700 zone closely- This could be a liquidity sweep trap.
If any HTF candle (4H/D) closes strongly above $115,700, it invalidates the bearish structure and may flip into a bull flag breakout.
Key Levels:
Bullish Flip Zone: $115,700 (Close Above HTF = Exit Shorts)
Trend Reversal Trigger: HTF close above $119,000 → Can open door to $131,000
Remember:
Trade with confirmation, not assumption.
Always respect key levels and adapt if market structure shifts.
NFA & DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.