HarshKumar02

#✅ What to Watch Next

1. Support Level

• Strong: $98,000

• If broken, next stop could be $95K zone

2. Resistance Level:

• $100,500–$102,800 is strong resistance

• If flipped, bulls might regain control

3. MACD Reversal in 1H:

• Watch for crossover or histogram flip for trend change

4. Whale Alerts & Mt. Gox movements:

• If wallets move coins to exchanges, expect further dump

🧭 Recommendation (Short-Term Only):

⚠️ Avoid fresh long positions until BTC closes above $102,000 with volume on 1H chart.

🔎 Look for potential scalp short entries near resistance zones ($100.5K–102.5K) if MACD stays bearish.

#MarketPullback
#ReverseFlagPattern

📊 Technical Analysis of BTC – 23 June 2025

🔴 Current Price: ~$99,277

⏳ Timeframe: 1-Hour Candles (Short-Term Trend Analysis)

🧠 1. Price Action & Candlestick Pattern
Strong bearish candle just broke down from a sideways structure

Attempted bounce from $98,708.39, but candle body is still weak = no strength in buyers

Price rejected at ~$100.7K → clear resistance confirmation

🧨 This shows: BTC is in short-term downtrend, not just correction

2. Moving Averages (MA Analysis)

MA 7 $100,089 Above price (Bearish)
MA 50 $102,672 Well above (Bearish)
MA 100 $103,716 Far above (Strong trend down)

📌 Interpretation:

BTC is trading below all key MAs

MA 7 sharply turning down → momentum is bearish

No signs of bullish crossover yet

#bearishmomentum
#downtrend

The US Senate has passed a stablecoin bill, Marking a major victory for the crypto world. Meanwhile, institutional adoption continues to grow, with Mexico's third-richest man, Ricardo Salinas Pliego, increasing his Bitcoin holdings to 70% of his portfolio. Additionally, Thailand has announced plans to waive capital gains tax on crypto sales.

$BTC , $ETH , $SOL

#MarketPullback
#SwingTradingStrategy