๐ What the Chart Is Clearly Showing
1๏ธโฃ Market Structure
BTC was distributing near 84,000 (range + rejection zone)
Multiple lower highs formed โ smart money exit
Once 83,500โ83,000 support broke, price entered free fall mode
๐ This is a classic distribution โ breakdown โ liquidation cascade
2๏ธโฃ Momentum & Volatility
The drop from ~83,000 โ 77,000 is high momentum
Sharp wicks near the bottom = forced liquidations
No proper base formed yet โ selling pressure not fully exhausted
This is NOT a healthy pullback, this is a panic move
3๏ธโฃ Key Levels (Very Important)
๐ด Major Resistance Zones
80,800 โ 81,200 โ first supply
82,800 โ 83,200 โ breakdown zone (strong sell if revisited)
84,000 โ macro rejection top
๐ข Major Support Zones
77,000 โ 76,500 โ current demand (weak, but reactive)
75,800 โ 75,200 โ next liquidity pocket
72,000 โ 73,000 โ BIG HTF demand (if panic continues)
๐ง Market Psychology Right Now
Late longs are trapped above
Bears are in control short-term
Smart money will either:
Accumulate slowly below 76k
OR run one more stop-hunt lower before bounce
๐ฎ BTC Price Prediction (High-Probability Scenarios)
๐ก Scenario 1: Dead Cat Bounce (Most Likely โ 60%)
BTC bounces to 79,500 โ 80,500
Gets hard rejected
Then retests 76k or lower
๐ Best for: Scalp shorts / sell on pullback
๐ข Scenario 2: Range Formation (25%)
Price holds 76.5k
Consolidates between 76k โ 79k
Builds base for a later move
๐ Best for: Quick scalps only, no swing longs
๐ด Scenario 3: Capitulation Flush (15%)
Support fails at 76k
Fast dump to 73k โ 72k
Massive wick โ reversal later
๐ This would be the best long opportunity, but only AFTER confirmation
๐ก Trading Plan (Practical & Safe)
โ What NOT to do
No blind longs right now
No revenge trading
No holding scalps overnight
โ What TO do
Sell pullbacks below 81k
Wait for clear structure shift before longing
Use tight SLs, volatility is extreme
๐งญ Bias Summary
Short-term: ๐ด Bearish
Intraday: โ ๏ธ Volatile, sell rallies
Mid-term: ๐ก Neutral until 72kโ75k reaction
