Bitcoin Sunday Analysis
$BTC is finally attempting a breakout from the range and is pushing above the 72K level. As I’ve been saying for weeks, this level is key. We don’t need a random wick above it, we need at least a clean daily, ideally a weekly close above 72K to confirm real strength.
Right now, the breakout is happening but not confirmed yet. There is still time left for the weekly close. If Bitcoin holds above 72K, we can see continuation toward 77K, 82K, 85K, even 88K.
But let’s be clear. Even if this move plays out, I still see it as a temporary pump, a liquidity grab, not a real trend reversal. My higher timeframe view has not changed.
The bigger picture is still bearish.
After this relief move, I expect Bitcoin to roll over again and move lower, with targets below 50K and possibly 44K–45K.
Positioning:
I already took profit on my previous long. Right now my focus is fully on shorts. I’m building short positions between 79K–85K, the same distribution zone I’ve been mentioning for weeks.
Macro view:
Nothing supports a strong bullish trend. Big players are still selling across both crypto and stocks. At the same time, global tensions remain unstable, especially around US and Iran developments.
One more thing to understand, markets are being heavily influenced by narratives. Political statements, especially from figures like Donald Trump, often shift direction quickly and can be inconsistent. These headlines create short-term volatility, not real strength.
That’s why I don’t trust these pumps.
Plan:
No chasing
Wait for confirmation
Short the resistance
If the market shows real strength and holds above 72K, I will adjust. Until then, this looks like preparation for the next move down.
Patience over prediction.
#KelpDAOFacesAttack #IranRejectsSecondRoundTalks
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