#BTC 4H #ConsolidationDowntrend Classic structure breakdown and retest—facing resistance, continuing the drop. Without a reversal structure or clear signals, focus on shorting the bounces on the hourly chart. Two key levels worth longing: 105.8K zone & 100K zone.
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Powell is dovish. Rate cuts are coming. Bitcoin will pump to $150,000. $ETH will rip to $6,000. Altcoins to 100x.
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$BTC liquidity distribution right now is really unfavorable for the bulls... Just below the current price lies the liquidation zone for longs since August 5th. If the price keeps dipping today, we could see another round of liquidations, targeting the $110k level... Honestly, this liquidity setup is dangerous as hell. The recent on-chain and technical data are totally at odds—I’m completely lost here...
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