Is the 4-Year Cycle Dead? đš BTC Bears are Taking Control! đ**
Bitcoin ($BTC) is at a massive crossroads today, Feb 05. After failing to hold the $73k level earlier this week, we are now staring down a potential slide into the high $60s. The "Smart Money" is sitting on the sidelines, and here is why my bias has flipped to **SHORT** for the next 48 hours. đ§”đ
**đ The Technical Reality (M15/H1):**
We are seeing a textbook market structure breakdown. Consecutive lower lows on the M15 timeframe suggest that the local "buy the dip" crowd is exhausted.
* **Current Struggle:** 70,700 â 71,000 (Very weak support)
* **The Danger Zone:** If we lose $70k, there is a liquidity gap down to the major demand zone.
**đŻ My High-Probability Trade Setup:**
I am not chasing the price down. Patience is the key to high RR (Risk/Reward).
đŽ **SHORT Scenario (Priority):**
* **Entry:** Wait for a relief rally (pullback) into the **72,500 â 73,500** resistance zone.
* **Leverage:** 2x - 5x (Stay safe, volatility is peaking!)
* **Target:** 67,000 â 67,700 (Demand Zone)
* **Logic:** Institutional ETFs have been bleeding, and market depth is 30% lower than last month.
đą **LONG Scenario (Contrarian):**
* I am **ONLY** looking for longs if we hit the **$67k floor**. Do not catch a falling knife! Wait for a "double bottom" confirmation on the M5 chart.
**đĄ Pro-Tip for Today:** The market is untethered from macro news right now. This is a pure **Liquidity & Momentum** play. Watch the $70,000 psychological levelâif it snaps, the move to $67k will be fast.
**Whatâs your move?** Are you holding the line at $70k, or are you joining the bears? Letâs debate in the comments! đ
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