Professor Phantom

$BTC Trading Plan for Next Week. Bitcoin’s daily chart is showing early signs of relief after a strong selloff. Following three consecutive bearish candles, the last three daily candles have closed with improved strength and no major imbalances. The current candle is also pushing above the previous day's high, suggesting a potential relief rally within the broader downtrend. This scenario makes sense given last week's aggressive decline, which likely fueled panic selling and encouraged late short positions. That creates buy-side liquidity that the market may seek before making its next major move. My key areas of interest are the remaining imbalances leading up to the 78K region. I'll be closely monitoring price action there for potential short setups. Within those daily imbalances, the lower timeframes, especially the 1H chart, offer additional clues through liquidity pools, internal range liquidity (IRL), and other market structure signals. The 78K level is particularly important because it represents both IRL and a key point where Bitcoin could reclaim and potentially reverse the current daily downtrend structure. . A sweep into 78K could provide an attractive short opportunity if rejection occurs. . A successful reclaim and hold above 78K would strengthen the case for continued upside. If bullish structure begins to fail before reaching those levels, I'll look for short opportunities targeting the 70.6K low as the primary downside objective. For anyone wondering whether this means Bitcoin is going up or down, the answer is that traders prepare for both outcomes. The goal is to identify key points of interest, wait for confirmation, and then execute based on what the market actually does. Wishing everyone a profitable week ahead and great risk-to-reward setups. 🚀📈 #NomuraOCCTrustBankApproval #XRPLProposalBlocksFlashLoans