Long

Market next move

Disruption of the Bullish Bias:

1. False Breakout Risk

The area marked with a red rectangle might be showing signs of consolidation, but there's a possibility that the bullish breakout is a bull trap.

Volume does not strongly confirm a breakout; note that the volume on the recent upward candles is not significantly higher than the surrounding bars — often a sign of weak buyer conviction.

2. Resistance Overhead

BTC is approaching the psychological level of 110,000, which may act as resistance.

Price action shows several small-bodied candles with wicks, indicating indecision or rejection from higher levels.

3. Bearish Divergence Potential

If paired with RSI or MACD indicators (not visible in this image), there might be signs of bearish divergence — price making higher highs while the indicator makes lower highs.

4. Liquidity Sweep Scenario

The recent wick into the highlighted zone could be a liquidity sweep — grabbing stop-losses before reversing downward.

This would support a bearish move contrary to the bullish forecast.

5. Market Sentiment & Fundamentals

Ignoring macro events such as Fed decisions, ETF movements, or regulatory news can be dangerous. If bearish news breaks out, technical setups can fail fast

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𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
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