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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
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#Btc/usdt#
Trend:
Bearish (Short-Term)
Multiple bearish candles with lower highs and lower lows.
Price has broken structure (I-BoS) and is trending downward.
Trading below the 0.382 and 0.236 Fibonacci retracement levels.
Entry Point (Short Position):
Entry: Around $76,000–$76,200 (if there's a minor pullback; confirm with a bearish engulfing or wick rejection).
This zone is just below the previous broken structure and near minor resistance.
Take Profit (TP):
1. TP1: $74,500 (near previous I-BoS low)
2. TP2: $73,000 (near the demand zone and 100% Fibonacci extension)
3. TP3: $72,000 (bottom of the green support zone)
Stop Loss (SL):
SL: Around $77,100
Just above the recent swing high and minor order block area to avoid getting wicked out.
Additional Notes:
Volume: Very high — this suggests momentum could carry price further in the trend's direction.
Market Session: Currently in the London session — expect volatility.
Indicator: Break of structure (BoS) aligns with bearish continuation.
Caution: Watch for reactions around the $74,500–$73,000 zone — it could act as strong demand.
DeepBrainChain (DBC) history will repeat itself in different ways. The economic crisis and its instigator Trump are desperately seeking a way out, even as he deliberately shocks the collapsing global economy by raising tariffs. However, after waking up, he alleviated it with a 90-day grace period so that the whole economy would not be affected. The dollar is collapsing, with no return.