BTC Update: Still Trapped in the Exhaustion Zone

BTC Update: Still Trapped in the Exhaustion Zone

Yes… we're all exhausted. And right on cue, BTC prints a second Exhaustion Candle on the daily. That’s not bullish.

A dip before a rip? Very likely.
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🔍 The Setup
BTC still behaving strong overall — this would be a counter-trend dip if it comes.
Shorting here is playing defense, not offense.

📌 Key Level to Watch:
The 2025 High Trendline — drawn from Jan to May highs — is now likely acting as support, not resistance. Expect aggressive buyers there if price drops.
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🐻 If Bears Claw Through That Line…
• First stop = May ATH (~112K)
• This time, don’t expect the bulls to hold it as easily
• If that cracks, next stop = the downward sloping trendline — the one that's quietly caught every breakdown since this zone began.
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📌 The Alpha View
The second exhaustion candle is a warning shot.
This dip might be brief — but if bulls fail to show strength at the right level, it could spiral.

Stay sharp. Stay regulated.
Let the structure speak — not your emotions.

Trade active

📉 BTC Exhaustion Zone Update: Risk, Regret & Reality

Okay — might be one of the worst calls I’ve made publicly.

Believe it or not, I’ve made worse privately. But this isn’t about moping. It’s about owning it and managing risk like a pro.

🟥 That red dashed line?
It’s a long-term trendline connecting the 2017 ATH to July’s recent high — a major resistance level most aren't even watching.

And yet… BTC is in full beast mode. Makes me wonder why I ever shorted Grandpa meme in the first place.

📍 Key Level to Watch:
If BTC breaks $124,333 with volume → that’s the stop loss trigger. No ego, just execution.

Until then, we ask forgiveness from the crypto gods for shorting BTC in a bull market and politely request a pullback to limit the damage… so we can join the herd and recoup the fallen pieces.

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📌 The Alpha View:
• Own your trades.
• Cut clean when invalidated.
• Never underestimate Grandpa BTC — especially when he’s juiced.

Stay Sharp. Monitor the pullback. Move Forward!

Note

Bear Flag on the one hour 🙏🤑

Trade closed: target reached

- Exhaustion Zone🎢 What. A. Ride.

Both bulls and bears got smoked at some point — but I stayed disciplined and bet on the side that followed the chart.

Did I want to short BTC? No.
Did the chart give me a choice? Also no.

📉 The Bears won this battle — but not the war.

I never doubted it for a second…
(Okay, maybe my Apple Watch thought I was literally being chased by a bear 🐻from time to time)

But now?
We’re officially in the GLORIOUS TAKE PROFIT ZONE — and I’m beyond grateful. 🙌

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📌 The Alpha View:
Trade the setup, not the bias.
Follow the chart.
Now lets enjoy this deep dive. 🤿

Stay Sharp. Stay Regulated. Follow your path.

TheAlphaView

For charts, market insight, and cycle patterns.
Follow on X: @TheAlphaView
🧠Stay Sharp! Stack Sats!🪙

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by TheAlphaView

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TheAlphaView

For charts, market insight, and cycle patterns.
Follow on X: @TheAlphaView
🧠Stay Sharp! Stack Sats!🪙