HMI963
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$BTC is showing a price structure very similar to the 2021 macro top, where $BTC formed a dead-cat bounce from the 100 EMA before beginning a major correction.
On the current cycle, $BTC is once again testing the 100 EMA, and the price reaction looks very similar to the 2021 pattern: a brief bounce followed by continued downside pressure.
Key Points:
- 2021 Pattern: #BTC bounced from the 100 EMA before the macro crash.
- 2025 Price Action: Showing a similar bounce and reject structure at the same weekly EMA.
- Major Weekly Resistance: Market showing exhaustion and lower-high structure, just like previous cycle tops.
- Potential Dead-Cat Bounce: We could see a bounce toward the $100K–$107K zone before the downtrend continues.
- Possible Repeat Scenario: If BTC fails to hold above the 100 EMA, history suggests a deeper correction may follow.
#BTCVolatility #ProjectCrypto
{future}(BTCUSDT)
On the current cycle, $BTC is once again testing the 100 EMA, and the price reaction looks very similar to the 2021 pattern: a brief bounce followed by continued downside pressure.
Key Points:
- 2021 Pattern: #BTC bounced from the 100 EMA before the macro crash.
- 2025 Price Action: Showing a similar bounce and reject structure at the same weekly EMA.
- Major Weekly Resistance: Market showing exhaustion and lower-high structure, just like previous cycle tops.
- Potential Dead-Cat Bounce: We could see a bounce toward the $100K–$107K zone before the downtrend continues.
- Possible Repeat Scenario: If BTC fails to hold above the 100 EMA, history suggests a deeper correction may follow.
#BTCVolatility #ProjectCrypto
{future}(BTCUSDT)
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