BTCUSD – Shark View: Distribution Before the Breakout?
Bitcoin is entering a distribution phase, a stage where many traders—especially Futures traders—can easily get “educated” without a clear strategy.
🧠 Market structure still supports the uptrend
On higher timeframes (H1, D1), price has consistently broken strong resistance zones, confirming the ongoing bullish trend.
BTC reacted precisely at the Fibonacci Extension 1.618, a tool I regularly use to identify key levels.
📊 Market sentiment & next target
Most traders are anticipating further upside, and I personally see the next target at 132,000.
However, before pushing higher, BTC needs a distribution/technical pullback because liquidity isn’t strong enough yet.
🔍 FVG and potential buy zone
During the big rally two weeks ago, BTC left large Fair Value Gaps (FVGs)—the market often returns to these to capture liquidity.
Hence my preferred buy zone is around 110,000, where:
Historical FVG
Fibonacci Retracement 0.5
A broken resistance turned support
✅ My personal trade setup
Buy Limit ~110,000
SL: according to personal risk profile
TP: scale targets toward 120,000–132,000
💬 Summary
BTC remains in an uptrend but is in a consolidation phase.
Stay patient and wait for the optimal price zone — sharks don’t rush; they act when odds are in their favour.
📌 Follow me for updates on new FVGs and price behavior.
Good luck and trade with discipline!
#BTCUSD #cryptoanalysis #technicalanalysis #FVG #fibonacci