I’m watching $BTC here… and honestly, this looks like a trap being set.
$BTC — TECHNICAL ANALYSIS‼️
Price is pressing right into a heavy resistance cluster at 78.2K – 80.2K. We’ve now tapped this zone multiple times — each reaction confirming sellers are active there.
At the same time, the structure below is not random… it’s a rising bear flag. Support is climbing slowly (around $100–150 per day), squeezing price into a narrowing range.
That kind of compression doesn’t last long.
Right now, key support sits around 71.3K – 71.5K. The closer we drift toward it without breaking resistance, the higher the probability of a breakdown and continuation to the downside.
Also keeping in mind — Friday volatility can act as the trigger. Add in macro uncertainty (no progress on Iran peace talks), and the market has enough fuel for a sharp move.
For now, this is a wait-and-watch zone — but structurally, this still leans bearish unless bulls reclaim 80K cleanly.
$BTC — SHORT BIAS SETUP 🔴
Entry Zone: 78,200 – 80,200
Stop Loss: 81,300
(I'll manage manually due to Risk Management for other Trades)
Targets:
TP1: 76,500
TP2: 75,000
TP3: 73,500
TP4: 72,000
TP5: 70,500
Trade Here 👇🏻
