🔍 What the Chart Is Clearly Showing
1️⃣ Market Structure
BTC was distributing near 84,000 (range + rejection zone)
Multiple lower highs formed → smart money exit
Once 83,500–83,000 support broke, price entered free fall mode
📉 This is a classic distribution → breakdown → liquidation cascade
2️⃣ Momentum & Volatility
The drop from ~83,000 → 77,000 is high momentum
Sharp wicks near the bottom = forced liquidations
No proper base formed yet → selling pressure not fully exhausted
This is NOT a healthy pullback, this is a panic move
3️⃣ Key Levels (Very Important)
🔴 Major Resistance Zones
80,800 – 81,200 → first supply
82,800 – 83,200 → breakdown zone (strong sell if revisited)
84,000 → macro rejection top
🟢 Major Support Zones
77,000 – 76,500 → current demand (weak, but reactive)
75,800 – 75,200 → next liquidity pocket
72,000 – 73,000 → BIG HTF demand (if panic continues)
🧠 Market Psychology Right Now
Late longs are trapped above
Bears are in control short-term
Smart money will either:
Accumulate slowly below 76k
OR run one more stop-hunt lower before bounce
🔮 BTC Price Prediction (High-Probability Scenarios)
🟡 Scenario 1: Dead Cat Bounce (Most Likely – 60%)
BTC bounces to 79,500 – 80,500
Gets hard rejected
Then retests 76k or lower
📌 Best for: Scalp shorts / sell on pullback
🟢 Scenario 2: Range Formation (25%)
Price holds 76.5k
Consolidates between 76k – 79k
Builds base for a later move
📌 Best for: Quick scalps only, no swing longs
🔴 Scenario 3: Capitulation Flush (15%)
Support fails at 76k
Fast dump to 73k – 72k
Massive wick → reversal later
📌 This would be the best long opportunity, but only AFTER confirmation
💡 Trading Plan (Practical & Safe)
❌ What NOT to do
No blind longs right now
No revenge trading
No holding scalps overnight
✅ What TO do
Sell pullbacks below 81k
Wait for clear structure shift before longing
Use tight SLs, volatility is extreme
🧭 Bias Summary
Short-term: 🔴 Bearish
Intraday: ⚠️ Volatile, sell rallies
Mid-term: 🟡 Neutral until 72k–75k reaction
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