ANALYSIS #BTC ON 25/06: FINAL PUMP BEFORE DUMPING TO 59K
BTC is currently hovering around 60.7–60.8k, sitting in a short-term range, so it’s not the best entry zone. The highest probability view in the next 24 hours is: BTC will pull back to sweep shorts around 61.8–62.4k, before dumping back to 60.35 - 59.15 - 58.25k.
Reason: the 59.1k level has been swept on the sell-side, creating a bounce but not enough to confirm a trend reversal. Above that, there’s a nice liquidity cluster at 61.8–62.4k, coinciding with the FVG M30/H1 and the Fib retracement zone. This is an area that could easily lure breakout longs, forcing late shorts to cut losses, and then redistributing.
Prices might fluctuate between 60.35–61.25k initially, then bounce back up to 61.85–62.35k. If we see wicks above in this zone, and M15/M30 candles close weakly below 61.8k, prioritize Short.
Wait for BTC to retrace to 61,750–62,350 to set up a Short, don’t chase shorts at 60.8k.
SL: 63,650.
TP1: 60,350.
TP2: 59,150.
TP3: 58,250.
Cancel if H1 closes above 62.8k, especially if it holds on a retest.
If BTC drops straight to 59.1k and quickly reclaims 59.6–60.0k, that could be a short trap; only then consider a Long back to 60.8–61.8k, but that's a riskier setup.
View for the next 3 weeks: BTC is still in a major Markdown phase / trying to create a small accumulation bottom. If it holds above 56.2–59.1k and breaks back above 65.6–68k, it will confirm a better phase transition. Conversely, losing 56.2k could easily open the door to 54k–50.9k in the next 3 weeks.
BTC is currently hovering around 60.7–60.8k, sitting in a short-term range, so it’s not the best entry zone. The highest probability view in the next 24 hours is: BTC will pull back to sweep shorts around 61.8–62.4k, before dumping back to 60.35 - 59.15 - 58.25k.
Reason: the 59.1k level has been swept on the sell-side, creating a bounce but not enough to confirm a trend reversal. Above that, there’s a nice liquidity cluster at 61.8–62.4k, coinciding with the FVG M30/H1 and the Fib retracement zone. This is an area that could easily lure breakout longs, forcing late shorts to cut losses, and then redistributing.
Prices might fluctuate between 60.35–61.25k initially, then bounce back up to 61.85–62.35k. If we see wicks above in this zone, and M15/M30 candles close weakly below 61.8k, prioritize Short.
Wait for BTC to retrace to 61,750–62,350 to set up a Short, don’t chase shorts at 60.8k.
SL: 63,650.
TP1: 60,350.
TP2: 59,150.
TP3: 58,250.
Cancel if H1 closes above 62.8k, especially if it holds on a retest.
If BTC drops straight to 59.1k and quickly reclaims 59.6–60.0k, that could be a short trap; only then consider a Long back to 60.8–61.8k, but that's a riskier setup.
View for the next 3 weeks: BTC is still in a major Markdown phase / trying to create a small accumulation bottom. If it holds above 56.2–59.1k and breaks back above 65.6–68k, it will confirm a better phase transition. Conversely, losing 56.2k could easily open the door to 54k–50.9k in the next 3 weeks.