#BitcoinMarketAnalysis

#BitcoinMarketAnalysis
1️⃣ Big Picture (1 Hour Structure)
There is a clear downward trend line.
Price is moving below this trend.
The structure has been broken with a large red impulsive candle.
Recent movement: buying response from the bottom.
This is not a trend reversal.
Currently, this is a bear market rally / relief bounce.
2️⃣ Critical Levels
📍 65,700 – 66,150 zone
→ Strong supply zone
→ Previous support, now resistance
📍 64,300 – 64,600 zone
→ Short-term decision zone
→ Price is currently consolidating here
📍 63,200 – 62,800 zone
→ Liquidity dip zone
→ If selling resumes, this is the target
3️⃣ Momentum Reading
RSI ~50.
What does this mean?
There is no overbought
There is no oversold
So, momentum is neutral.
The market is at a decision point.
This usually indicates preparation for a second move.
4️⃣ Possible Scenarios
🟢 Scenario 1 – Strong Breakout
If:
Breaks above 65,700 with volume
Trend line is broken upward
The 66,800 – 67,500 range comes into play.
But currently, the structure does not indicate this.
🔴 Scenario 2 – Red + Continuation
If selling resumes from the trend line:
First 63,800
Then 63,200
Followed by liquidity clearing
This scenario seems more likely right now.
5️⃣ Macro Connection
If at the same time:
The dollar is strengthening
Bond yields are rising
Risk appetite is decreasing
This structure will break downward.
Bitcoin does not move alone.
Macro winds are important.
6️⃣ Clear Position Interpretation
At this stage:
❌ Not the time for aggressive longs
❌ Not the time for FOMO
⚠️ Bullish scenario is premature before trend break
This either:
Distributes for trend continuation
or
Consolidates to gather strength
But guessing the direction without confirmation is gambling.
Now I ask you:
Do you see this as a bottom reversal,
or is it just gathering liquidity for continued selling?$BTC