How is $BTC ... according to our previous publications, we are still in a bearish trend, analyzing the weekly chart (W) in English.

So, the W chart is taking time but continues on that course, that drop. Is it good, is it bad? It's important to detect the trend and be in it.

Experience and intuition give you the entry for scalping trades, but detecting the trend is vital for swing trades. Let's look at the W chart.

The price action of $BTC threatens to revisit levels around 77,200 approx. Between 77,200 and 76,600 is a zone for TP1. Now, let's observe the monthly chart... what's happening? For me, a simple correction... If a healthy downward correction is confirmed, it can reach levels of 77k, 69,400, or drop down to 63k. Can that be expected? Only if the price corrects like it did in September 2024. Those 3 supports for the monthly chart are my 3 TPs for the weekly chart.

I share my analysis which can change according to market conditions, but what's important is that you as a Trader can identify these support zones and with your strategy define if there are clear signals to open or close a trade.

I recommend you listen to Trading in the Zone by Mark Douglas on Spotify. In this audiobook, you will find advice like this... Only you as a Trader are the sole responsible for opening and closing trades, you cannot blame others for your mistakes. A professional Trader operates consistently.