šØ $BTC /USDT Multi-Timeframe Trade Setup šØ
š° Current Price: ~$70,080
š Market Structure: Short-term bearish, mid-term consolidation, macro still bullish
š Multi-Timeframe Analysis
ā± 1D (Daily):
ā¢ Still in overall uptrend structure
ā¢ Pullback after rejection from 76K zone
ā¢ Key support holding near 68Kā69K
ā± 4H (Current Chart):
ā¢ Bearish momentum (EMA20 < EMA50)
ā¢ Lower highs forming ā short-term downtrend
ā¢ Price hovering near demand zone
ā± 1H:
ā¢ Sideways consolidation
ā¢ Weak bounce attempts
ā¢ Liquidity building both sides
ā± 15M (Scalp Zone):
ā¢ Choppy market ā fakeouts likely
ā¢ Best to wait for breakout confirmation
š Trade Setups
š¢ LONG Setup (Safer Play)
ā¢ Entry: 68,800 ā 69,500 (strong demand zone)
ā¢ TP1: 71,000
ā¢ TP2: 72,500
ā¢ TP3: 74,000
ā¢ SL: 67,800
š“ SHORT Setup (Trend Continuation)
ā¢ Entry: 70,800 ā 71,500 (rejection zone / EMA resistance)
ā¢ TP1: 69,200
ā¢ TP2: 68,000
ā¢ TP3: 66,800
ā¢ SL: 72,200
ā” Key Levels to Watch
ā¢ Resistance: 71.5K ā 72.5K
ā¢ Support: 68K ā 69K
ā¢ Breakdown below 68K ā strong bearish continuation
ā¢ Break above 72.5K ā bullish momentum returns
š„ Pro Tip:
Wait for confirmation (breakout + retest / rejection candle). Avoid overtrading in chop.
š¢ Conclusion:
BTC is in a decision zone ā next major move depends on 68K support & 72K resistance breakout.