We are in a phase of a third wave, which we still do not know if we have finished. As we know, over the course of three weeks BTC has been in decline on the part of the traders.
What levels or areas have they been looking for? As I have been telling, among those levels were 72,086 and 69,869, which are levels that have already been reached. There are levels that have not yet been reached and are very close to where the current rebound has occurred, these levels are 57,757 and 52,345.
@Calebxito Thank you 🙏, I hope it has been helpful
Alberto Reaprender
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Why was the green candle on Monday in $BTC a trap? Well, $BTC has bearish levels that it hasn't reached yet, as I have already mentioned, its continuity in searching for these bearish targets by the market is defined.
Bearish Zone 72,086.00 69,869.00
Can you see a price recovery without reaching these levels? It depends on the strength of the bulls to push it, but its wave is bearish and the targets are clear.
Why was the green candle on Monday in $BTC a trap? Well, $BTC has bearish levels that it hasn't reached yet, as I have already mentioned, its continuity in searching for these bearish targets by the market is defined.
Bearish Zone 72,086.00 69,869.00
Can you see a price recovery without reaching these levels? It depends on the strength of the bulls to push it, but its wave is bearish and the targets are clear.
$BTC After a strong bearish movement, there are still lower zones it could reach.
What are these zones?
72,086.00 69,869.00
These correspond to bearish targets; reaching these zones would mean that the bulls would be applying upward pressure. Let's see how they close today, but they can still aim for these targets. On the other hand, if we see a price recovery, we would be looking at where it can extend
$BTC on the day before yesterday I marked the area where the price could reach, intraday zone, it has reached that area, we see how they have taken short-term profits.
$BTC BTC attempts to recover the zone of 88,400, a level it lost two days ago that previously served as support. The price remains above the annual opening of 2026 (87,400), an area that has been defended on hourly timeframes.
As long as BTC stays above the annual opening, the market retains recovery possibilities, with 93,639 as the first relevant zone to consider.
The loss of the 87,400 zone, along with the inability to recover 88,400, could extend the correction towards 85,122, with a possible continuation towards 83,468.
In the short term, acceptance above 88,400 could enable intraday movements towards 90,300.
Otherwise, rejection in this zone maintains intraday bearish pressure, with movements towards 85,259 – 84,531.
#BTC , after looking for bearish levels breaking through two key levels, has turned around recovering the annual price, meaning that everyone who bought in that area is still in profit for the year.
What to expect? It still has bearish levels, it remained at 85,522, what we see is a bounce, without bullish support it could go to seek its target, which is very close.
On the other hand, seeing a recovery of the price could go to seek higher levels like 93,705.
Remember that it is still in a bearish pattern, we need to wait for confirmation of a price reversal.
Will the bears have enough strength to bring BTC to lower levels?
We see how $BTC has broken key levels where the price previously reached and was not allowed to fall. It has pierced the 88,400 level, which has already been lost on the 4-hour chart. So, why does the price remain at 87,400?
The 87,400 zone corresponds to the annual opening of 2026, where we see that the price has reached and respected that area in 4 hours.
As I have been mentioning, these levels remain key. If they are lost, the price could seek lower areas, such as 85,235 and 81,315.
$BNB is in a cumulative stage, moving within an area where traders have shown buying interest.
If traders decide to push the price to higher zones, extensions towards 1,003.00 could be activated, with a second zone at 1,046.00.
Of course, they could also look for lower levels to negotiate liquidity, such as 847.72 and the zone of 832.60. Currently, the price remains in an interesting accumulation zone.
$BTC is below 90,500, within an area where the market previously took liquidity, which pushed the price towards 98,000.
As long as this area is maintained, the market assesses whether it will react upwards again. A clear loss of this level could trigger a search for liquidity in lower areas, such as 88,191 – 84,900.
#Fetch_ai previously communicated area where the price could react, it has already done so with a strong candle, which could indicate a price recovery.