We are at a very sensitive moment of the Bitcoin price structure. After the recent recovery phases that served as a "liquidity trap", tomorrow, Monday (20/4) Vietnam time will be the first "shot" that determines the short-term trend.
1. Monday: Black Monday or Just a Shakeout?
Market liquidity tends to fluctuate strongly when major exchanges reopen after the weekend. Based on analysis from Doctor Profit, the current structure is still in a bearish scenario.
Scenario: If Monday closes with a candlestick below the critical psychological support zone, selling pressure will significantly increase from Long positions trying to "hold the loss."
Advice: Don't rush to catch the bottom without confirmed reversal signals on the H4 or D1 timeframe.
2. Extended Shakeout Scenario Through Tuesday (4/21)
If the market can't recover right on Monday and continues a "sideway down" state or strong prolonged shakeouts through Tuesday, this is a very dangerous signal for the bulls.
Target $80,000: When the market loses momentum and can't hold the support levels, the liquidity pull at the price range around $80,000 (potential Short Entry zone we've discussed) will be the inevitable destination.
This is the "death zone" where the "sharks" are placing massive short orders.
3. Action plan for investors
For the Long side: If you're holding a buy position, be extremely cautious. The market's inability to break out while continuing to shake out is a sign of weakness. Consider reducing leverage or closing the position if the price breaches safe Stop Loss points.
For the Short side: The $79,200 - $85,000 range remains an ideal zone to consider entering short as forecasted by KOL Doctor Profit. However, NEVER FORGET YOUR STOP LOSS. The volatility at the start of the week may sweep both ends (Liquidation Hunt) before establishing the main trend.
Conclusion: The next 48 hours is a golden time to watch. If the "shakeout zone" doesn't end soon, the $80,000 target will soon appear on the ticker. Manage your capital tightly and keep a cool head!
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🚨🚨Note: This article reflects personal views based on technical indicators and analysis from reputable KOLs. This is not financial investment advice. You are responsible for your own decisions.