August 19th $BTC Structure Update 🔍
1️⃣ Weekly Bias: Neutral
2️⃣ Daily Bias: Bearish
3️⃣ Short Trigger Conditions:
→ Wait for the price to sweep past $115,500, then look for low time frame (LTF) confirmation
→ Once triggered, possible downside targets:
• $114,259.38
• $113,354.24
• $112,657.00
Stay sharp — this setup requires precision, not emotion ⚔️
4️⃣ Long Trigger Conditions:
→ Daily closes back above $117,000 will open the path to $119,000
→ Do not go long until structure is confirmed — discipline is key 🧠
5️⃣ Worst Case:
→ Price may return to the daily demand zone: $107,513.20 – $109,700.00
→ If this occurs, expect volatility, be prepared to look for bounce opportunities from that zone
Our $BTC Trade:
→ Minimize risk — if the price approaches our invalidation point, we will close for breakeven
→ Stay patient and reactive, do not act impulsively
Good luck