$BTC | Short idea on @liquidtrading When I saw the new mission for inner circle, I immediately thought of the setup I posted not long ago - and I still hold the same view. BTC has been trading inside a descending channel for weeks. Every rally gets sold. No breakout, no confirmation of trend change - just lower highs. The thesis: If BTC fails to break and hold above the channel, the next target is the lower boundary around $58,000. My main target for a global reversal is the realized price zone $53,000 and below, that's where most holders end up underwater and real capitulation happens. Until we touch it, any rally is just a local bounce. Why this makes sense: The same pattern played out in 2018 and 2022. Realized Price marked the bottom both times, we haven't touched it this cycle yet. The risk: A confirmed daily close above the channel invalidates this idea. If BTC reclaims $68,000+ with strength = I'm wrong and the setup is off the table Short bias, watching for confirmation before any entry. Not financial advice
· 362 Views
