🚀 $BTC THE CALM BEFORE THE STORM? 🌪️
Everyone is panicking about the "5-month losing streak," but the charts are whispering something else. While the crowd is looking for $50k, the Smart Money is watching the $67,500 base.
🔍 The Analysis
Bitcoin is currently trapped in a tight range between $67,500 and $71,800.
The Bear Case: We are 50% below the October ATH, and ETF outflows have been consistent for four weeks.
The Bull Case: RSI is showing a hidden bullish divergence on shorter timeframes. We’ve seen an "orderly deleveraging" rather than a chaotic crash. $60k–$62k remains the "Iron Floor."
🎯 The Trade Setup (Swing Long)
Entry Zone: $68,200 – $68,800
Target 1: $70,500 (Local resistance)
Target 2: $72,200 (Major breakout level)
Target 3: $74,500 (Gap fill)
Stop Loss: $66,900 (Below the S1 Support)
💡 Strategy
If we flip $71,800 into support, the "Crypto Winter" narrative dies instantly. Watch the funding rates—they are currently negative, meaning shorts are paying longs to stay open. This is prime fuel for a Short Squeeze.
What’s your move? Are you bidding the dip or waiting for $60k? 👇
#bitcoin #BTC #cryptotrading #BinanceSquare #TechnicalAnalysis
Trade here👇
