June 21, 2026

BITCOIN HEADING SOUTH

BITCOIN HEADING SOUTH

BITCOIN HEADING SOUTH

Bitcoin HEADING SOUTH

Bitcoin / TetherUS BINANCE:BTCUSDT
backtowork


BITCOIN HEADING SOUTH

Bitcoin should start a very bearish impulse shortly, a big selloff is expected.
Retail gets trapped completely on the wrong side of the market

Symmetrical triangle bullish breakout, retail traders stacking long orders
Break previous high inducement
Supply zone
Structure level
Stophunt previous sell orders
Multiple rising trendlines made on the lower levels providing buy side liquidity to go down
Fib 78.6
MA200 daily
Take entry after the LTF only

TP: Fib -27 around $28K lines up perfectly with the break of previous low to induce sellers into the market where we might spike up to test the 30K demand zone , possible bullish reaction expected

Good luck.

Previous Article

After 30% Bi-Weekly Surge, Where is the Next Target for ETH? (Ethereum Price Analysis)

Next Article

BITCOIN HEADING SOUTH

You might be interested in …

Wyckoff distribution applied on Bitcoin

Wyckoff distribution applied on Bitcoin

Wyckoff distribution applied on Bitcoin BTCUSD Perpetual Contract BYBIT:BTCUSD knownasJK Self explanatory chart. I made it as simple as I could. Major resistances ahead, watch out this may be playing out. Tons of longs opening, […]