Weekly Analysis with buy/Sell scenarios in BTC👋👋👋 Friends, What's your view on BTC???
Last week, Bitcoin (BTC) traded with high volatility and a corrective bias, briefly dropping toward the critical $60,000 support zone before staging a sharp rebound toward $68,000–$70,000, but failing to sustain above $70K and closing the week slightly negative; the decline was driven by profit booking and long liquidation, leading to a sharp drawdown of nearly 15–20% at one stage, indicating leveraged positions being flushed out. Key developments included cooling momentum in spot Bitcoin ETF inflows, signaling reduced institutional buying, along with macro uncertainty around US inflation and interest rate expectations, which pressured risk assets, while capital rotation toward safe havens like gold further impacted sentiment. Additionally, declining trading volumes and increased hedging activity reflected cautious participation and lack of strong bullish conviction.
Structurally, BTC remains in a range between $60K–$70K, with lower highs indicating supply on rallies. For the coming week, two key scenarios emerge: bullish case – a sustained move above $70K–$72K can trigger short covering and push BTC toward $75K+; bearish case – failure to reclaim $70K may lead to a retest of $60K support, and a breakdown below this level could accelerate downside toward $55K–$58K. Overall, BTC remains range-bound with downside risk, and the next move will largely depend on macro data, ETF flows, and overall risk sentiment.
Critical Points
1. Price is ranging between ~$60K-~$70K.
2. Pressure is clear downside and we can expect some moves between the identified range.
3. We should expect any big movement out of this range only.
4. Price may approach POI identified in last week once lower zone is broken with volume and sustained below it.
5. Price may consolidate at this level and form MSS at this POI and possibly reverse for further highs.
6. Most probably price will take liquidity of FVG/RDRB level and create MSS/CISD/TS/iFVG in LTF.
7. Price should show rejection/reversal in respective LTF (4H/1H) at Key Level/FVG zone.
8. Take the trade only once clear entry model i.e. turtle soup. iFVG break, CDS or MSS happens on LTF
All these combinations are signalling a high probability and high reward trade scenario.
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Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions.
