The Setup Nobody's Watching: BTC → $70K → Capitulation
BTC/USD | Daily
Everyone's rushing to short. I think that's the trap.
🔍 The Setup:
Price broke down from the ascending channel, swept liquidity, and is now coiling for a move most people aren't ready for.
📉 My Roadmap:
1️⃣ Drop to $61K → Liquidity Sweep
2️⃣ Slow Recovery Begins
3️⃣ Liquidity Grab Near $68K
4️⃣ Push Into the $70K Bull Trap Zone
5️⃣ 7–12 Days of Distribution
6️⃣ Breakdown Below $57K
7️⃣ Flush to $48K
8️⃣ Final Bottom Test: $39K–$43K
💡 Why It Matters:
That $70K zone fills the FVG and fuels one last euphoric wave — right before smart money exits into retail strength. Classic distribution before capitulation.
⚠️ Don't chase the short here. Let the trap play out first.
🔔 Follow for updates as each level triggers.
📌 Not financial advice — chart-based scenario planning only. Always manage risk