🔥 Warning: BTC Hot Alert 2, the possibility of BTC dropping to 62~65k is very close.
For those who haven't seen the previous warning, check below: Cảnh báo BTC
Based on weekly and monthly data, it is highly likely that BTC will sweep the bottom one more time soon.
Because:
1. Monthly Frame
Price is touching the monthly EMA200 ~68k
• This is a very strong support area of the cycle
• Previously, BTC broke through the monthly EMA20 and EMA50 → confirming a medium-term correction phase
The monthly RSI is dropping towards the 30–35 area → approaching the oversold area
• The monthly MACD is narrowing strongly → there may still be one more push down at the end
2. Weekly Frame
The weekly EMA20 has been lost
• The weekly EMA50 is around 64k–66k
• The weekly EMA200 is even lower (in the 50k–55k area)
Currently:
• Weekly RSI ~30
• Weekly Stoch RSI is nearing the bottom
👉 This indicates:
BTC is in the final panic phase of the correction wave, no longer in the peak distribution phase, usually in this phase will sweep one more painful move.
I have been in the market for over 8 years and have not seen an exception.
3. 4h Frame
MACD has started to narrow negatively
Volume is gradually decreasing → selling pressure is diminishing
It will usually retest.
🔥 Therefore, the possibility of BTC dropping to 62~65k is very close.
This may just be a sweep and then a quick rebound.
👉 Advice to avoid risks for everyone
1. During this time, only short small, with small volume
2. Can long long but remember to set proper stop-loss
3. Gradually enter spot positions
Remember, the market always has surprises, so be sure to set stop-loss.
Good luck everyone
I will update when there are changes
