Disclaimer: This is not financial advice. The following is for educational and informational purposes only.
Based on the current 1-hour timeframe, Bitcoin appears to be forming a potential Wyckoff Distribution pattern. If we see a liquidity sweep towards the upside—particularly around the 95,580 to 95,763 levels—and a subsequent bearish confirmation pattern forms on the same timeframe, we could anticipate a possible move down towards the 93,000 support zone.
Should the price fail to hold at that level, a deeper correction towards the 86,000 area could play out in the coming sessions. However, it is important to note that this scenario is valid only if a clear bearish structure forms post-liquidity sweep on the 1-hour chart.
No strategy guarantees 100% accuracy, and market conditions can change rapidly. This is merely a technical outlook and should not be construed as an investment or trading recommendation.
Based on the current 1-hour timeframe, Bitcoin appears to be forming a potential Wyckoff Distribution pattern. If we see a liquidity sweep towards the upside—particularly around the 95,580 to 95,763 levels—and a subsequent bearish confirmation pattern forms on the same timeframe, we could anticipate a possible move down towards the 93,000 support zone.
Should the price fail to hold at that level, a deeper correction towards the 86,000 area could play out in the coming sessions. However, it is important to note that this scenario is valid only if a clear bearish structure forms post-liquidity sweep on the 1-hour chart.
No strategy guarantees 100% accuracy, and market conditions can change rapidly. This is merely a technical outlook and should not be construed as an investment or trading recommendation.
Trade ist aktiv
1-hour candle closing below 96,315 confirms the formation of a bearish structure. The immediate support lies at 95,751, while the key support level to watch remains at 93,604.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.