📊 $BTC Is Ranging in a Familiar Zone — Very Similar to 2024

Zooming out, Bitcoin is clearly boxed between roughly $57K – $87K. This isn’t a breakout structure yet. It’s a wide sideways range, and in my view, it’s building liquidity, not momentum.

Back in 2024, BTC spent months ranging between $58K – $74K before the final push higher. That same range later became a key reference zone once conditions shifted. Markets remember structure.

🔍 Key distinction:

Bull market range → launchpad

Bear market range → structure that eventually breaks

Right now, this looks much closer to the second scenario.

🧭 My Current Approach

• Still holding shorts from $115K – $125K

• Spot buy orders at $57K – $60K for technical rebounds only

• No leverage on longs

That $57K–$60K area looks like a local bottom, not a cycle bottom. Any buys there are tactical — not a bet on new ATHs.

🐻 Why Caution Still Matters

Bear markets don’t move straight down.

In 2022, BTC dropped from $68K → $33K, then rallied nearly 50%, before collapsing to $16K. Those rallies exist to create liquidity and convince traders the worst is over.

A rebound toward $80K – $87K wouldn’t surprise me at all — and if structure aligns, that zone could offer another short opportunity.

Higher timeframe signals still matter:

• Weekly needs more cooling

• Monthly 50 EMA remains under pressure

• Breakdown risk is still very real

📉 My broader lean remains a final move below $50K, potentially into the low $40Ks — that’s where long-term positioning starts to get interesting.

🧠 Bottom Line

This is a range-trading environment, not a “buy and pray for ATHs” phase.

• Buy near the bottom of the box for rebounds

• Sell near the top if structure allows

• Stay patient for true asymmetric opportunity

Bear markets aren’t dangerous because price falls —

Let the market reveal its intent.

#BTC #bitcoin #CryptoMarkets #Marketstructure #BinanceSquare