Is Bitcoin on the Verge of a Major Crash? Warning Signs Ahead!

2024年11月15日

👀👉 Bitcoin (BTC) has recently surged to all-time highs, but is the rally about to reverse? On the 1M monthly timeframe, a key horizontal resistance level is flashing warning signals. BTC appears heavily overbought, and the trend shows clear signs of overextension.

📉 Using advanced trading concepts like Wyckoff theory and ICT methodology, this video breaks down: 

- How historical price action reveals similar overextended moves that led to significant pullbacks.
- Why the Fibonacci tool suggests a potential retracement to equilibrium after a parabolic price swing.
- The lack of smart money accumulation since the last major price breakout, signaling potential vulnerabilities.

🔍 We’ll examine two key scenarios:
1. Bearish Opportunity: If price action breaks structure and takes out existing range lows, it could signal a deeper correction.
2. Bullish Opportunity: If BTC trades into a discounted zone below equilibrium, this could present a strong buy opportunity for longer-term positioning.

📊 This analysis is for educational purposes only and highlights the importance of managing risk in a market known for its volatility. Past performance is no guarantee of future results—trade wisely and always assess your risk tolerance!

👉 Don’t miss this critical breakdown. Learn how to read the charts like a pro and prepare for what’s next in Bitcoin’s journey!📊

2024年11月18日

交易進行

The opportunity re break of structure mentioned in the video hasn't happened yet, it's only a matter of time imo. Patience! Im long only on the pullback as mentioned in the vid.

2024年11月25日

交易結束：目標達成

I need a deeper pullback, does this break of structure give us that?

2024年11月26日

註釋

For those of you in the comments who couldn't cope with the idea BTC might trade lower, BTC tanked as I mentioned in the video. Only buy once we see a bullish break of structure (higher highs/lows