BTC got rejected again at macro trendline (~108.5K)
Multiple lower highs → selling pressure confirmed
4H breakdown from compression with volume spike
Now hovering near 106.5K — key support
🔻 Below 106.2K = clean short trigger → 104.4K–102.5K
✅ Reclaim above 108.2K flips bias bullish
⚡ Market Context
Large treasury interest building (institutional buying signs)
Recent $40B options expiry adds volatility at key levels
Renewed institutional participation visible across platforms
Bias: Bearish below 107.2K. Structure and volume support downside.
Watch for July trend confirmation post-event digestion.
“Smart trades aren’t lucky — they’re planned.”
Multiple lower highs → selling pressure confirmed
4H breakdown from compression with volume spike
Now hovering near 106.5K — key support
🔻 Below 106.2K = clean short trigger → 104.4K–102.5K
✅ Reclaim above 108.2K flips bias bullish
⚡ Market Context
Large treasury interest building (institutional buying signs)
Recent $40B options expiry adds volatility at key levels
Renewed institutional participation visible across platforms
Bias: Bearish below 107.2K. Structure and volume support downside.
Watch for July trend confirmation post-event digestion.
“Smart trades aren’t lucky — they’re planned.”
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.