We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
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Hello,
This is SeoVereign, approaching technical analysis not as a result but as a prediction, with a realistic perspective.
I am presenting a bearish view on Bitcoin as of June 17, 2025.
First, based on the fact that a downtrend appeared near the 0.786 level of the overall Fibonacci retracement, I believe strong downward pressure is forming, and thus I am outlining this bearish perspective.
This 0.786 level corresponds to around the 109,000 price range. On the chart, the 109,000–110,600 range is a very strong supply zone where support and resistance have repeatedly been confirmed.
Next, from a wave counting perspective, the 1.272 trend-based Fibonacci extension lies in a similar area as the 0.786 retracement level, which further reinforces my conviction in this view.
After successfully predicting the downward movement from the 11th, I have been continuously counting the recent upward wave, and the wave structure on the chart appears to align naturally, as I see it.
In addition, from a harmonic perspective, the Alt Bat pattern is functioning effectively, and since the movement has been captured within the pre-set X–1.13 range, the confirmation of this pattern can also be considered successful.
The first target is currently set around the 105,700 level.
I will continue to monitor the market closely, and once this idea progresses to a certain point, I will share more specific evidence and the thought process behind the bearish entry through an additional update.
Thank you.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
🚀 Boosts provide strong motivation and drive to the SeoVereign team.
--------------------------------------------------------------------------------------------------------
Hello,
This is SeoVereign, approaching technical analysis not as a result but as a prediction, with a realistic perspective.
I am presenting a bearish view on Bitcoin as of June 17, 2025.
First, based on the fact that a downtrend appeared near the 0.786 level of the overall Fibonacci retracement, I believe strong downward pressure is forming, and thus I am outlining this bearish perspective.
This 0.786 level corresponds to around the 109,000 price range. On the chart, the 109,000–110,600 range is a very strong supply zone where support and resistance have repeatedly been confirmed.
Next, from a wave counting perspective, the 1.272 trend-based Fibonacci extension lies in a similar area as the 0.786 retracement level, which further reinforces my conviction in this view.
After successfully predicting the downward movement from the 11th, I have been continuously counting the recent upward wave, and the wave structure on the chart appears to align naturally, as I see it.
In addition, from a harmonic perspective, the Alt Bat pattern is functioning effectively, and since the movement has been captured within the pre-set X–1.13 range, the confirmation of this pattern can also be considered successful.
The first target is currently set around the 105,700 level.
I will continue to monitor the market closely, and once this idea progresses to a certain point, I will share more specific evidence and the thought process behind the bearish entry through an additional update.
Thank you.
Note
FIRST TP HIT!
Note
Note
ALL TP HIT!!
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🔴악플과 악의적인 댓글 작성 시 예외 없이 형사고소하며, 악플에 대해 절대 관용을 두지 않겠습니다.
🔗seovereign.vercel.app/
💬텔레그램 공지방
🔗t.me/seovereign_updates
트레이딩뷰에는 한정적으로 아이디어를 게시합니다.
모든 관점은 토론방에서만 보실 수 있습니다❗
공지방 입장 후 토론방 신청해주세요.
🔴악플과 악의적인 댓글 작성 시 예외 없이 형사고소하며, 악플에 대해 절대 관용을 두지 않겠습니다.
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.
🌐서버린 공식 pc웹
🔗seovereign.vercel.app/
💬텔레그램 공지방
🔗t.me/seovereign_updates
트레이딩뷰에는 한정적으로 아이디어를 게시합니다.
모든 관점은 토론방에서만 보실 수 있습니다❗
공지방 입장 후 토론방 신청해주세요.
🔴악플과 악의적인 댓글 작성 시 예외 없이 형사고소하며, 악플에 대해 절대 관용을 두지 않겠습니다.
🔗seovereign.vercel.app/
💬텔레그램 공지방
🔗t.me/seovereign_updates
트레이딩뷰에는 한정적으로 아이디어를 게시합니다.
모든 관점은 토론방에서만 보실 수 있습니다❗
공지방 입장 후 토론방 신청해주세요.
🔴악플과 악의적인 댓글 작성 시 예외 없이 형사고소하며, 악플에 대해 절대 관용을 두지 않겠습니다.
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.