ANALYSIS #BTC走势分析 ON 05/19: IS THIS BOUNCE A TRAP OR ARE WE PREPARING FOR ANOTHER DROP?
BTC is hovering around 77.1k, just swept the low at 76.0k before bouncing back up. My view for the next 24 hours: the market makers might push the price up to sweep some shorts first, with the easy targets being 77.46k–78.35k. If we can't hold above 78.6k, we could easily dump back down to 76.03k and 75.25k.
I'm waiting for $BTC to bounce up to 78,520–78,120 to set up a SHORT with a stop-loss at 793 and a take profit at 753.
If BTC can hold above 75.25k–72.7k, there’s still a chance to bounce back to 82.0k–86.7k. But if we lose 72.7k, the structure turns bearish, and the targets below are 69.8k–66.9k.
Prioritize shorting the bounce, no FOMO long. The invalidation point for this scenario is if the H1 closes above 78.6k.
BTC is hovering around 77.1k, just swept the low at 76.0k before bouncing back up. My view for the next 24 hours: the market makers might push the price up to sweep some shorts first, with the easy targets being 77.46k–78.35k. If we can't hold above 78.6k, we could easily dump back down to 76.03k and 75.25k.
I'm waiting for $BTC to bounce up to 78,520–78,120 to set up a SHORT with a stop-loss at 793 and a take profit at 753.
If BTC can hold above 75.25k–72.7k, there’s still a chance to bounce back to 82.0k–86.7k. But if we lose 72.7k, the structure turns bearish, and the targets below are 69.8k–66.9k.
Prioritize shorting the bounce, no FOMO long. The invalidation point for this scenario is if the H1 closes above 78.6k.