BTC $62,884.00 ▼ 0.96% ETH $1,858.30 ▼ 1.07% USDT $0.9989 ▼ 0.02% BNB $583.54 ▼ 0.08% XRP $1.07 ▼ 0.84% SOL $72.95 ▼ 0.47% DOGE $0.0699 ▼ 0.20% SHIB $0.00000485 ▼ 2.23% PEPE $0.00000286 ▼ 0.86% BTC $62,884.00 ▼ 0.96% ETH $1,858.30 ▼ 1.07% USDT $0.9989 ▼ 0.02% BNB $583.54 ▼ 0.08% XRP $1.07 ▼ 0.84% SOL $72.95 ▼ 0.47% DOGE $0.0699 ▼ 0.20% SHIB $0.00000485 ▼ 2.23% PEPE $0.00000286 ▼ 0.86%
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Bitcoin Borsalar Piyasa Regülasyon

bearish trend continues, but first a small correction

bearish trend continues, but first a small correction

Bitcoin / US Dollar COINBASE:BTCUSD

BTCUSD MSTR

> seemingly bitcoin is about to mirror the market by making a move to the downside, this is longer TF prediction and need to have a separate chart.

> but for now and the next 24/48 hrs, we will get a quick correction.

> as the chart suggests we are in a downward channel with a few imbalances above. my best guess is that it reverse from around here - or - 62.900 zone to retrace back to 64K where it will get a nasty rejection. when that level hits, i plan to go short.

> my first TP is 62.250, second TP is 60K.

> Authors Notes

My approach to technical analysis is built on Fibonacci retracements, pivot zones, price action, smart money concepts, and classic chart patterns. I also use supporting tools and indicators—such as oscillators and moving averages—to refine my view. The chart itself reflects a simplified version of my process, as I prefer to keep visuals clean while incorporating additional analysis behind the scenes.

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