🚨 $BTC BINANCE BTCUSDT PERP UPDATE 🔥
Bitcoin’s Final Bull Trap Is Over – Entering Capitulation Phase
Current Price: ~$73,827
Weekly Chart Analysis:
• Classic Wyckoff-style cycle completing: Accumulation → Markup → Top Distribution → Correction
• Bull trap phase appears exhausted
• Price now breaking down from the correction structure
• Next major target highlighted at $48K
Trade Setup (Bearish Bias):
Short Entry: Current levels or retest of $76K – $78K
Target 1: $68,000 – $70,000
Target 2: $60,000 – $62,000
Target 3: $48,000 (Final Capitulation Target)
Stop Loss: $79,500 (above recent distribution highs)
Recommended Leverage: 10-15x
The structure suggests we are moving into the final leg down. A sustained breakdown below $72K would confirm acceleration toward lower targets.
DYOR | This is a high-risk macro setup | Always use proper risk management | Trade responsibly!
