March 5, 2026

Bullish OB failed. Now bearish OB in play

Bullish OB failed. Now bearish OB in play

Bullish OB failed. Now bearish OB in play

Bullish OB failed. Now bearish OB in play

Bitcoin / TetherUS PERPETUAL FUTURES BINANCE:BTCUSDTPERP
WiseAnalyze


Bullish OB failed. Now bearish OB in play

My previous high timeframe review explaining Bullish OB situation below.


BTC at week OB zone

Last week closed below bullish OB 31780-34260 zone which means that we should expect BTC to drop lower 24 / 20 / 14k .

Before that final collapse happen we may expect (or hope) for re-test of newly formed bearish OB at 29300-35400 range. As you can see its a pretty wide range and BTC price can grow up to the middle of it before going further down.

This chart is for 2H as I’d like you to see a good trendline which is still at bullish re-test. If bounce we will witness re-test of bearish OB sooner. Maybe even this week.


snapshot

And this is Dollar Index chart. DXY been growing without any stops for 6 weeks. Its not a record, but the longer it grows the higher chances for correction. That gives a hope for crypto to recover before dumping lower. Higher timeframe targets for DXY are 106.5 (Dec’02) / 109.77 (Sep’02) / 111.9 (June’02).


snapshot
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