đ 1. Current Market Structure (Weekly Chart)
From your chart:
Price: ~$69,600
Trend: Clear downtrend
EMA(7) < EMA(25) < EMA(99) â Bearish structure
Price is below all major EMAs
StochRSI â 5 (oversold) â Possible bounce soon
đ This means:
BTC is weak now
Sellers are in control
But short-term relief bounce is possible
đ 2. Trend Status
đŽ Short-Term (DaysâWeeks)
Trend: Bearish
Expect: Small bounce â then more volatility
đ Medium-Term (WeeksâMonths)
Trend: Still bearish / correction phase
Market is digesting previous rally
đą Long-Term (6â24 Months)
Structure still bullish long-term
As long as BTC stays above ~$50k, macro trend is OK
đ§± 3. Major Support Levels (Very Important)
Based on chart + structure:
â Strong Weekly Supports
Level Zone Strength
$68kâ70k Current zone Weak support
$62kâ64k Next Strong
$55kâ58k Major Very Strong
$48kâ50k Last line Critical
â Monthly Supports (Big Buyers Area)
Level Importance
$60k Institutional support
$52k Cycle support
$45k Crash protection
If BTC loses $60k, market becomes dangerous.
đ» 4. Possible Bottom Scenarios
đą Scenario 1 (Healthy Correction â Best Case)
Bottom: $62kâ64k
Most likely if market stabilizes
Good dip-buy zone
đĄ Scenario 2 (Deep Correction)
Bottom: $55kâ58k
If panic selling happens
Strong long-term buying zone
đŽ Scenario 3 (Crash / Black Swan)
Bottom: $45kâ50k
Only if bad news / global panic
Rare, but possible
đŻ My Expected Bottom Range (Realistic)
Based on your chart:
> đ Most Probable Bottom: $58k â $64k
This is where big buyers will likely enter.
đ 5. Resistance Levels (For Recovery)
If BTC recovers:
Level Meaning
$75k First resistance
$82k EMA zone
$90k Trend reversal
$100k+ Bull continuation
BTC must reclaim $82k+ to become bullish again.
đ° 6. Long-Term Price Expectation (1â3 Years)
If market follows normal cycle:
Conservative
đ $100kâ120k
Bullish
đ $130kâ160k
Very Bullish (ETF + Adoption)
đ $180k+
But first, correction must finish.
đ 7. Smart Buying Strategy (For You)
If you want to buy near bottom, DONâT buy all at once.
Use DCA (Step Buying):
Example:
Price Buy %
$65k 20%
$62k 25%
$58k 25%
$52k 20%
$48k 10%
This protects you if price falls more.
đ 8. What Indicators Are Saying
EMA
â All bearish â trend not reversed
Volume
â Decreasing â weak buyers
StochRSI
â Oversold â bounce possible
đ Expect: Small bounce â another dip â bottom â recovery
đ§ 9. My Honest Expert View
Right now:
âïž Not best time for full buy
âïž Good time for slow accumulation
â Risky for leverage
I would personally:
Start small buying near $62k
Buy more at $58k
Keep cash for $50k zone
đź Final Summary
Current Trend:
đŽ Bearish
Strong Supports:
đ $62k â $64k
đ $55k â $58k
đ $48k â $50k
Expected Bottom:
đŻ $58k â $64k (Most Likely)
Long-Term Target:
đ $120k+ (Next cycle)


#ADPDataDisappoints #JPMorganSaysBTCOverGold #EthereumLayer2Rethink? #KevinWarshNominationBullOrBear