The 70K BTC Target Is Locked, But Not Before A Massive Fakeout
The market structure remains overwhelmingly bearish. The highly anticipated Death Cross has confirmed, signaling a major trend shift that emotional traders are struggling to accept.
The immediate focus is the FOMC announcement. While the market has largely priced in a 25 basis point cut, any decision by the Fed to hold rates flat will trigger a severe, immediate selling wave, accelerating the downward trend.
Our long-term conviction remains focused on $BTC reaching the 70k range. However, this journey will not be a straight line. Market makers require maximum liquidity before the final drop. We see two high-probability scenarios involving a perfect false breakout: a run to the 97k–100k zone to retest the critical weekly EMA50, or a more aggressive spike toward 107k, the final large liquidity cluster.
This move above the EMA50 is the "perfect trap"—a calculated push designed to generate intense FOMO, convincing the masses that the bull trend has returned, right before the price is slammed down toward targets below 83k. Previous high-level shorts remain secure; the path of least resistance is now down.
Disclaimer: Not financial advice.
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