1️⃣ Relief Bounce Long (Short-Term Only)
Entry: 68k – 70k
Targets: 74k → 76k
Stop Loss: 66.5k
BTCUSDT (1W) – Weekly Chart Analysis
(Educational only, not financial advice)
Market Situation
Price: ~70,350
Massive dump from 126k
Weekly structure = strong bearish
Big wick from 59,800 → some buyers stepped in
Still trading below major weekly MAs
Overall Bias: BEARISH (macro downtrend)
Important Levels
🔴 Major Resistance Zones
74k – 76k
82k – 85k
97k (macro level)
🟢 Support Zones
68k
60k
If 60k breaks → 52k – 50k possible
Trade Plans
1️⃣ Relief Bounce Long (Short-Term Only)
Entry: 68k – 70k
Targets: 74k → 76k
Stop Loss: 66.5k
This is just a bounce trade, not trend reversal.
2️⃣ Sell the Rally (Higher Probability)
Entry: 74k – 76k (rejection)
Targets: 68k → 60k
Stop Loss: 78k
Best strategy in macro downtrend.
3️⃣ Breakdown Short (If Panic Returns)
Entry: Weekly close below 68k
Targets: 60k → 52k
Stop Loss: 71k
What Needs to Happen for Bullish?
Weekly close above 85k
Then reclaim 97k
Until that happens → this is a bear market structure.
Straight Talk
This is not the time to over-leverage.
Protect capital.
In weekly downtrend → patience makes money.
#MarketRebound #BTC #BTCVSGOLD #TrumpCanadaTariffsOverturned $BTC $BTC
