#Bearish BTC BTC next move The price will retest the resis | JO DK on Binance Square

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#Bearish BTC
BTC next move
The price will retest the resistance around 58.8k then fall next level of 55.6k.
Now its manipulating buyers to get into, because of break of 58.5k.
Keep in mind that don't take exact number i mention, because Any level is not single price line take the numbers as range.

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BTC

109,032.89

+3.55%

6.6k

0

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$BTC Wait patiently price will hit 64.5k Now 67.1k is good entry range.

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Confirmation to go short. Target - 64.5k Know we confirmed to go short for previous analysis.

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$BTC possibility shows bearish sentiment. After hitting strong resistance BTC price is now reacting for the resistance pressure. This reaction is either reaction before break or reaction to reverse. In my point of view, it is reaction before break because as resistance is tested multiple times the selling pressure at level gets weaker so i expect the resistance level will be broken, but not for continuation it's for trap breakout traders. If you are confused about the resistance which I'm talking about see my previous post. It's the resistance of falling channel. The break of the resistance will take weeks, for now let's talk about the current market sentiment. As i mentioned above this reaction for the resistance, will fall furthermore. #1 The possible fall after Head and shoulder pattern. price made H & S pattern at resistance level, which shows bearish market sentiment. the break of the support will confirm the fall, see pic 1. #2 The possible fall after Double top pattern. price made double top pattern in addition to the break of neck line and price retested the neckline, which shows bearish market sentiment. the break of support will confirm the fall, see pic 2 #3 Price made Cup with handle pattern at support level. price made cup with handle pattern at current support level, which shows selling pressure is trying to pass the support, if the support broken seller take full control until they found another support level. wait the breakout of the level, see pic 3 With above three conditions market sentiment shows bearish market, wait for the breakout of support then go short. DKT view I wish success for all of you.

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$BTC bear move Entry =67.4k - 67.9k Target = 64.9k subject - BTC is now imbalanced and inefficient. #1. There is buy side imbalance and sell side inefficiency in BTC market. #2. Also report says 90% of BTC holders are now in profit. So do you think the price will continue to increase? I don't think so, if all people is in profit, who is gonna balance it? Do you think 90 to 10 is balanced? I say no, So market must correct this imbalance and inefficiency. #3. Even the last seen bull run from 59k to 68k is to collect buyer to hit their SL. I think now it collected enough buyers or may little space remains. This imbalance could cause the big crush on market This bear move toward 64.9k may cause the crush or market will manipulate buyer by another bull move before crush. Trade analysis not your wish. Sorry am not here to fulfill your wish. I'm here to analyze the market. DKT view Have a good $ mining.

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$BTC Big crush coming soon Subject - " The two scenario of big crush" If you have open buy trade close in appropriate manner. Because BTC price is reached it's crucial resistance range Which could kill the current bull momentum. I know you say " this is nightmare, wake up bro" Most people post reactions, they post after bull or bear is already happening. But my post is pre-action, i post before bull or bear is happening due to analysis. This resistance will cause the most huge crush since March 2024, That could dump BTC price to below 45k. There are two scenario that this crush will happen. #1 Scenario The first scenario is direct rejection from this resistance level. After hitting the resistance level yesterday price made strong rejection from the level, since that rejection the price shows loss of momentum of bull side. This bull side loss of momentum could be the beginning crush. see on the pic arrow 1. #2 Scenario The second scenario is that as the price hit this resistance level multiple times, the price could break this level for manipulate buyers. So this break-manipulation could be the beginning of crush. see on the pic arrow 2 #Conclusion Make sure your entry is the right otherwise you could simply liquidated by the noise. This is pre-post signal. DKT View always one step ahead. Have a great day. keep in touch.

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