Post
Crypto Skull Signal
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BullishBitcoin Sunday Analysis
$BTC hasn’t really changed much compared to last Sunday. If you look at the higher timeframe, we already had one weekly close above the key level, and now the second weekly candle is about to close. So structurally, nothing major has shifted yet.
The expected pump is still on the table.
I’ve already had one of my short orders filled above 79K, and I’ve placed limit shorts across the 79K to 85K range. This has been the plan, and I’m sticking to it.
Now here’s what the chart is telling.
On the weekly timeframe, both the 50 EMA and 99 EMA are acting as resistance. That’s important. Price is moving into a zone where rejection is very likely.
Before that rejection, we can still see a push higher.
The most likely scenario is a move into 78K to 82K first, and then possibly an extension toward 85K to 86K. That’s where the real test happens.
But don’t confuse that move with strength.
I’m still bearish on the bigger picture.
For me, this entire move looks like a setup, not a reversal. Once this phase is done, I still expect Bitcoin to move lower, with my main target sitting below 50K.
Same plan.
Let price come into resistance.
Execute shorts in the 79K to 85K zone.
No chasing. Just patience and execution.
$BTC #ShootingIncidentAtWhiteHouseCorrespondentsDinner #CHIPPricePump rave
{future}(BTCUSDT)
$BTC hasn’t really changed much compared to last Sunday. If you look at the higher timeframe, we already had one weekly close above the key level, and now the second weekly candle is about to close. So structurally, nothing major has shifted yet.
The expected pump is still on the table.
I’ve already had one of my short orders filled above 79K, and I’ve placed limit shorts across the 79K to 85K range. This has been the plan, and I’m sticking to it.
Now here’s what the chart is telling.
On the weekly timeframe, both the 50 EMA and 99 EMA are acting as resistance. That’s important. Price is moving into a zone where rejection is very likely.
Before that rejection, we can still see a push higher.
The most likely scenario is a move into 78K to 82K first, and then possibly an extension toward 85K to 86K. That’s where the real test happens.
But don’t confuse that move with strength.
I’m still bearish on the bigger picture.
For me, this entire move looks like a setup, not a reversal. Once this phase is done, I still expect Bitcoin to move lower, with my main target sitting below 50K.
Same plan.
Let price come into resistance.
Execute shorts in the 79K to 85K zone.
No chasing. Just patience and execution.
$BTC #ShootingIncidentAtWhiteHouseCorrespondentsDinner #CHIPPricePump rave
{future}(BTCUSDT)