$BTC is currently trading around $78,000 at the time of writing, and I expect the price to drop toward $71kโ$72k in the short term ๐.
Why?
Looking at the chart, there are several strong reasons supporting this move.
First, whales (banks and institutions) have not yet swept liquidity below the April 2025 swing low. This is a major point of interest, as many retail traders have their stop losses placed just below that level ๐ฏ. Liquidity usually gets taken before a meaningful move higher.
Second, price is likely to retest the downward-sloping trendline of the falling wedge pattern, which aligns perfectly with the $71kโ$72k zone.
That said, I see this area as a very good opportunity to buy / go long Bitcoin ๐ข. The RSI is starting to move into oversold territory, signaling potential exhaustion on the downside.
Before any deeper move lower, I expect a temporary rebound toward $83kโ$84k ๐. The key question will be whether bulls are strong enough to break out of the falling wedge. Weโll let price confirmโbut for now, $72k remains strong support.
- My plan for the coming weeks ๐
- Short-term: expect a drop toward $71kโ$72k
- Then: a strong rebound
- Later this year: Bitcoin may still go much lower, potentially below $60k
Because of this, I am not recommending buying altcoins right now โ. While we may see short-term bounces, altcoins remain bearish in the mid-term. A better window to accumulate altcoins could be around October 2026, though more data is needed to fully confirm this bias.
๐ฌ Comment your altcoin + hit the like button, and Iโll reply with an analysis just for you.
Trading isnโt hard when you have the right guidance. I
Thank you, and I wish you successful and disciplined trades ๐๐
#BTC
Why?
Looking at the chart, there are several strong reasons supporting this move.
First, whales (banks and institutions) have not yet swept liquidity below the April 2025 swing low. This is a major point of interest, as many retail traders have their stop losses placed just below that level ๐ฏ. Liquidity usually gets taken before a meaningful move higher.
Second, price is likely to retest the downward-sloping trendline of the falling wedge pattern, which aligns perfectly with the $71kโ$72k zone.
That said, I see this area as a very good opportunity to buy / go long Bitcoin ๐ข. The RSI is starting to move into oversold territory, signaling potential exhaustion on the downside.
Before any deeper move lower, I expect a temporary rebound toward $83kโ$84k ๐. The key question will be whether bulls are strong enough to break out of the falling wedge. Weโll let price confirmโbut for now, $72k remains strong support.
- My plan for the coming weeks ๐
- Short-term: expect a drop toward $71kโ$72k
- Then: a strong rebound
- Later this year: Bitcoin may still go much lower, potentially below $60k
Because of this, I am not recommending buying altcoins right now โ. While we may see short-term bounces, altcoins remain bearish in the mid-term. A better window to accumulate altcoins could be around October 2026, though more data is needed to fully confirm this bias.
๐ฌ Comment your altcoin + hit the like button, and Iโll reply with an analysis just for you.
Trading isnโt hard when you have the right guidance. I
Thank you, and I wish you successful and disciplined trades ๐๐
#BTC