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Panda Traders
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Υποτιμητική$BTC Urgent Update 🚨 🐼
At the moment, Bitcoin is still showing weakness from this zone and the higher probability move looks to be downside first before any strong recovery.
Price is struggling to build strength above the current intraday area.
For now, the market is not giving breakout strength.
My current view is that BTC is more likely to move down first into the lower support and liquidity zones around 70.5k to 70k. If selling pressure expands, then 69.8k to 69.5k can also come into play.
So at this stage, the bias remains bearish from the current level.
If you wanna take a trade Follow this setup 👇
BTC/USDT short 📉
Entry zone: 71,050 to 71,350
Wide stop loss: 72,400
Targets:
70,500
70,000
69,500
68,800
I shared complete setup of $BTC yesterday in my Private Alph Group .And you can see bTc dumped towards 70,400 last night as I told .
If you wanna get more live updates and More Quick scalps ,just Join my Private Alpha Room 👇
PandaTraders Alpha Room
{future}(BTCUSDT)
#MetaPlansLayoffs #BTCReclaims70k #PCEMarketWatch #AaveSwapIncident #BinanceTGEUP
At the moment, Bitcoin is still showing weakness from this zone and the higher probability move looks to be downside first before any strong recovery.
Price is struggling to build strength above the current intraday area.
For now, the market is not giving breakout strength.
My current view is that BTC is more likely to move down first into the lower support and liquidity zones around 70.5k to 70k. If selling pressure expands, then 69.8k to 69.5k can also come into play.
So at this stage, the bias remains bearish from the current level.
If you wanna take a trade Follow this setup 👇
BTC/USDT short 📉
Entry zone: 71,050 to 71,350
Wide stop loss: 72,400
Targets:
70,500
70,000
69,500
68,800
I shared complete setup of $BTC yesterday in my Private Alph Group .And you can see bTc dumped towards 70,400 last night as I told .
If you wanna get more live updates and More Quick scalps ,just Join my Private Alpha Room 👇
PandaTraders Alpha Room
{future}(BTCUSDT)
#MetaPlansLayoffs #BTCReclaims70k #PCEMarketWatch #AaveSwapIncident #BinanceTGEUP
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