BTC Update #beariah
1. DAILY (1D) Timeframe
Market Structure:
Clear lower high at $88,500
Bearish BOS after failing to break ATH
Rejection wick on recent high + bearish engulfing
Zone of Interest:
Price rejected from premium zone
Forming a daily supply zone between $86,100 – $86,500
2. 4H Timeframe
Structure:
Distribution phase visible
Break of structure around $84,500
FVG from $84,200 – $84,400 (still unmitigated)
Liquidity:
Sell-side liquidity below $83,100
Clean lows near $82,300 (targetable)
3. 1H Timeframe
Refined OB:
Bearish Order Block: $84,200 – $84,400
Price tapped imbalance and reacted bearishly
4. 15M + 5M Timeframes
Entry Confirmation:
MSS (Market Structure Shift) confirmed on 5M after mitigation
Minor inducement wick above $84,200
RSI bearish divergence
Lower highs forming on each rally
Trade Setup
Extra Notes
Don’t chase entry — wait for price to pull back.
Use 0.5% or 1% risk if leveraging.
Best timing = New York session open (high volatility).