Mohsan Raza
Open Trade
High-Frequency Trader
4.3 Years
Digital creator
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BTC UPDATE – 1D
Scenario 1: As I mentioned earlier, if BTC breaks below $85,000, it could move to fill the CME gap. That’s exactly what happened—just as predicted.
What’s Next?
BTC is currently trading below all EMAs, with RSI in the oversold zone and extreme selling pressure signaling a bearish continuation.
There’s a possibility of a reversal from this CME gap zone, pushing BTC back up to test the $80,000-$85,000 range. However, if BTC fails to hold this region and breaks below $77,258, I expect further downside movement towards the green support box (as shown in my recent chart), ranging from $74,418 to $70,549.
BTC could either reverse from this CME gap zone or continue dropping towards $74,418-$70,549, which might act as another potential reversal area. With the weekend approaching and low trading volume, a breakdown below $77,258 seems likely.
Let’s see how the next week plays out.
See you all next week
#TraderProfile #BinanceLaunchpoolRED #USCryptoReserve #BTCRebundsBack $BTC
$ETH
$SOL
Scenario 1: As I mentioned earlier, if BTC breaks below $85,000, it could move to fill the CME gap. That’s exactly what happened—just as predicted.
What’s Next?
BTC is currently trading below all EMAs, with RSI in the oversold zone and extreme selling pressure signaling a bearish continuation.
There’s a possibility of a reversal from this CME gap zone, pushing BTC back up to test the $80,000-$85,000 range. However, if BTC fails to hold this region and breaks below $77,258, I expect further downside movement towards the green support box (as shown in my recent chart), ranging from $74,418 to $70,549.
BTC could either reverse from this CME gap zone or continue dropping towards $74,418-$70,549, which might act as another potential reversal area. With the weekend approaching and low trading volume, a breakdown below $77,258 seems likely.
Let’s see how the next week plays out.
See you all next week
#TraderProfile #BinanceLaunchpoolRED #USCryptoReserve #BTCRebundsBack $BTC
$ETH
$SOL
See my returns and portfolio breakdown. Follow for investment tips#USCryptoReserve #MemesNotSecurity #CZ'sTokenModelIdea
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