Hello everyone 👋, I’m Domic. Today, let’s analyse 
BTCUSD together!
Bitcoin recently experienced a sharp drop from 91,000 down to 86,500 USD on the 4H chart, accompanied by heavy volume, clearly reflecting a “liquidity sweep” after several sideways sessions. Prior to this decline, Bitcoin had been oscillating above the EMA 34 (red) and EMA 89 (blue), indicating that a recovery was already beginning to form. However, the flush pierced through the EMA 34, pushing price close to the EMA 89—the moving average reflecting the long-term trend—showing that selling pressure came from mass stop-losses and whale liquidations.
The 86,000–86,500 zone now serves as strong support, coinciding with the recent low and EMA 89. How price reacts around this area will determine the next move: a retest of 89,000–90,000 awaits resistance at the EMA 34, while any break below would extend the decline toward 83,500 or even down to 80,000—where liquidity is concentrated from previous lows.
The crypto market is currently heavily influenced by US economic data: rising bond yields, the Fed’s cautious stance on inflation, and reports such as PMI, ADP, and core PCE. Additionally, pressure from the SEC and BTC movements from whale wallets to exchanges have reinforced the recent drop.
Why I Lean Bearish:
The recent drop was unusually strong, completely breaking EMA 34 and sweeping down to EMA 89—a clear sign of smart money hunting stop-losses. Selling volume increased sharply and was concentrated, suggesting large orders rather than retail activity. EMA 34 is starting to bend downwards, signalling that the rebound momentum is weakening.
The market is also facing negative pressures from:
👉 Forecast: Given these factors, I anticipate that BTC may initially struggle to reclaim 89,000–90,000 and could retest the lower support at 86,000–86,500. A decisive break below this zone would likely extend the decline toward 83,500 or even 80,000. Observing price action around EMA 89 is crucial before considering any long positions.
At present, BTC stands at a zone of “high risk but high opportunity”: a short-term low around EMA 89 will confirm a potential rebound, while a break below this area would open the way for a more pronounced decline. This is a moment to observe and wait for signals rather than rushing to catch the bottom.
Wishing everyone successful trades and continued discipline!
BTCUSD together!Bitcoin recently experienced a sharp drop from 91,000 down to 86,500 USD on the 4H chart, accompanied by heavy volume, clearly reflecting a “liquidity sweep” after several sideways sessions. Prior to this decline, Bitcoin had been oscillating above the EMA 34 (red) and EMA 89 (blue), indicating that a recovery was already beginning to form. However, the flush pierced through the EMA 34, pushing price close to the EMA 89—the moving average reflecting the long-term trend—showing that selling pressure came from mass stop-losses and whale liquidations.
The 86,000–86,500 zone now serves as strong support, coinciding with the recent low and EMA 89. How price reacts around this area will determine the next move: a retest of 89,000–90,000 awaits resistance at the EMA 34, while any break below would extend the decline toward 83,500 or even down to 80,000—where liquidity is concentrated from previous lows.
The crypto market is currently heavily influenced by US economic data: rising bond yields, the Fed’s cautious stance on inflation, and reports such as PMI, ADP, and core PCE. Additionally, pressure from the SEC and BTC movements from whale wallets to exchanges have reinforced the recent drop.
Why I Lean Bearish:
The recent drop was unusually strong, completely breaking EMA 34 and sweeping down to EMA 89—a clear sign of smart money hunting stop-losses. Selling volume increased sharply and was concentrated, suggesting large orders rather than retail activity. EMA 34 is starting to bend downwards, signalling that the rebound momentum is weakening.
The market is also facing negative pressures from:
- Rising US bond yields
- Concerns that the Fed may keep rates high for longer
- Negative news from the SEC
- Whales transferring BTC to exchanges (a potential prelude to selling)
👉 Forecast: Given these factors, I anticipate that BTC may initially struggle to reclaim 89,000–90,000 and could retest the lower support at 86,000–86,500. A decisive break below this zone would likely extend the decline toward 83,500 or even 80,000. Observing price action around EMA 89 is crucial before considering any long positions.
At present, BTC stands at a zone of “high risk but high opportunity”: a short-term low around EMA 89 will confirm a potential rebound, while a break below this area would open the way for a more pronounced decline. This is a moment to observe and wait for signals rather than rushing to catch the bottom.
Wishing everyone successful trades and continued discipline!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Join my crypto group to stay updated with the market in a clear, simple, and practical way
👉🏻 t.me/+laboc_IsvmUwNzU1
👉🏻 t.me/+laboc_IsvmUwNzU1
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.