‼️ I’m watching $BTC here… and while most traders are panicking after the dump, I was actually waiting for this exact move.
When price pushed into the upper bear flag resistance, everyone started calling for breakout and fresh highs. But on my chart, that zone was already packed with resistance — trendline, moving averages, and previous rejection levels all stacked together.
That’s why I stayed patient.
The rejection from that area wasn’t random. It happened exactly where the market was likely to trap late buyers before moving lower.
Now I’m focused on what comes next.
The 50 SMA is sitting around 75.6K, and just below it, the main bear flag support zone stretches between 73.8K and 75.2K. This is the area I’m watching closely because BTC is now approaching a major reaction zone.
A lot of traders will probably call it a crash if price reaches there.
But from my perspective, this could simply be a retest of the broader structure — not necessarily a breakdown.
That’s also why I kept avoiding random altcoin pumps while BTC was still sitting near resistance. One clean rejection from the top can shake the entire market, and that’s exactly what happened.
Now the next move depends on how BTC reacts near 75K.
If buyers defend the 50 SMA and the bear flag base, I’m expecting a relief bounce from there.
But if 73.8K breaks cleanly, then the correction can extend much deeper and alts may bleed much harder.
The market usually leaves clues before the move starts.
Most people only notice them after the candle closes.
For now, I’m watching 75.6K SMA support and the 73.8K–75.2K bear flag base very closely.
Trade Here 👇🏻$BTC
