As previously explained, Bitcoin's continued failure to return above the key levels necessary to flip the bearish trend confirms the ongoing weakness in the price structure. The break of the bear flag pattern is now showing clear follow-through, as the price is sweeping long liquidity to the downside.
At the same time, we notice that the money flow continues to exit the market at a rapid pace, reflecting weak demand and increased selling pressure.
Technically, the nearest support range currently lies between 85.5K – 83.5K. If this area is broken, we may see a move towards 79K, which is the last bottom recorded by BTC recently.
As long as the price trades below the major resistance levels, the market structure remains bearish, and any short-term bounces should be approached with caution.
How to enter a trade for any currency alone (in a very easy and simple way) 😁
What is SuperTrend? A simple directional indicator that shows you the price direction (up or down) and gives you clear buy and sell signals. Its common settings (used in the chart): • Period = 10 • Multiplier = 3 How does it work simply? 1. It calculates only one line. 2. In an uptrend → the line is below the price (usually green) → acts as support. 3. In a downtrend → the line is above the price (usually red) → acts as resistance.
Don’t be fooled by this token. What you’re seeing is a liquidity river with heavy manipulation.
A single wallet (or a small group of connected wallets) controls around 70% of the total supply, which makes the price extremely vulnerable to dumps at any moment.
Do not think long-term on this token. Once distribution starts, the price can collapse fast this token is very likely to move under $1.
Trade it carefully, if at all. This is a high-risk, controlled market, not organic growth. $RIVER #river #SouthKoreaSeizedBTCLoss
The current bullish wave has exhausted its momentum and is approaching a critical turning point. Indicators show a clear weakening in buying pressure, signaling that a reversal or significant correction is inevitable. Traders should prepare for a potential downturn as the market nears this decisive phase.
📌 RIVER/USDT Analysis (⏳ 15-minute timeframe)
📉 🔴 Sell Trade (Short):
🔹 📉 Entry Price: 56.90 🔹 🛑 Stop Loss: 63.00
🔹 🎯 Targets:
First Target: 55.70 Second Target: 54.20 Third Target: 52.90 Fourth Target: 50.50 Fifth Target: 48.00 Sixth Target: 45.00 Seventh Target: 42.00 Eighth Target: 40.00
✅ Entry confirmation is a 15-minute candlestick close below 56.90 with high selling volume.
Update/ Comprehensive Technical Analysis of Bitcoin (BTC)
Bitcoin (BTC) is currently going through a critical technical phase, as the price is attempting to regain its position within the Rising Channel after a period of decline, coinciding with its testing of highly significant technical areas including the Golden Pocket (0.618 – 0.65 Fibonacci Retracement), in addition to Key Moving Averages on the four-hour timeframe (4H MA’s), which makes this area a clear battleground between supply and demand forces.
What do professionals see that most traders do not? The secret is in Pivot Levels
The word pivot is often used in the sense of 'change your direction', but in trading, there is something you should pivot on: Your way of thinking as a trader.
Trading is a business of making money, and there is no loyalty to a stock, currency, sector, or specific market. You are looking for opportunity wherever it may be: • If the larger time frame looks strong • And if technical + fundamental analysis are in agreement
A Deeper Reading of the Economic Scene and Cryptocurrency Movement
The inflation data according to the PCE index published by the U.S. Bureau of Labor Statistics (BLS) recorded a rate of 2.8% during the month of November, which was in line with market expectations. Although these numbers may appear stable on the surface, the real issue lies in the nature of this data, as it is classified as lagging data (Backward-Looking) and does not reflect the actual state of the economy in real time.