GateUser-69c6820e

BTC Monthly Breakout: $85K Next or Bull Trap? Selling Wall Crumbling
Watch now 👉
Watch summary 👉
Bitcoin just broke out of the trend line capping price since November 2024, hitting RSI 70 for the first time in 110 days — and the selling wall above $82K is far smaller than the wall that stopped Bitcoin at $98K. The Trading Parrot breaks down the MACD bull cross, aggregated open interest signals, and the monthly CPR forecast that called $82K back in April. Is $85K–$91K next, or is this a bull trap? Watch now to find out.
00:00 Bitcoin breaks Nov 2024 trend line with RSI hitting 70
00:43 CPR

#BTC – 3D Rising Wedge 📐:
#BTC is forming a micro Rising Wedge on the 3D timeframe, historically a bearish structure, but upside expansion is still possible first.
🔰If #BTC breaks out above the wedge with confirmation, the measured move targets:
👉$100K–$104K
👉If price fails to break out, expect a retest of the lower wedge support.
🔰Lose that support and the measured move projects toward:
👉 $59K
👉 Possibly $41K if panic acceleration kicks in.
🔰Historically, Rising Wedges resolve:
👉Downside: ~65–70%
👉Upside: ~30–35%
So statistically, the bears have the edge… unless #BTC invalidates th

#BTC – 3D Rising Wedge 📐:
#BTC is forming a micro Rising Wedge on the 3D timeframe, historically a bearish structure, but upside expansion is still possible first.
🔰If #BTC breaks out above the wedge with confirmation, the measured move targets:
👉$100K–$104K
👉If price fails to break out, expect a retest of the lower wedge support.
🔰Lose that support and the measured move projects toward:
👉 $59K
👉 Possibly $41K if panic acceleration kicks in.
🔰Historically, Rising Wedges resolve:
👉Downside: ~65–70%
👉Upside: ~30–35%
So statistically, the bears have the edge… unless #BTC invalidates th

#BTC – 3D Rising Wedge 📐:
#BTC is forming a micro Rising Wedge on the 3D timeframe, historically a bearish structure, but upside expansion is still possible first.
🔰If #BTC breaks out above the wedge with confirmation, the measured move targets:
👉$100K–$104K
👉If price fails to break out, expect a retest of the lower wedge support.
🔰Lose that support and the measured move projects toward:
👉 $59K
👉 Possibly $41K if panic acceleration kicks in.
🔰Historically, Rising Wedges resolve:
👉Downside: ~65–70%
👉Upside: ~30–35%
So statistically, the bears have the edge… unless #BTC invalidates th

𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐒𝐓𝐑𝐄𝐍𝐆𝐓𝐇 𝐈𝐒 𝐑𝐄𝐓𝐔𝐑𝐍𝐈𝐍𝐆 🚨
$BTC has now printed multiple consecutive days of strength, signaling that buyers are gradually regaining market control.
But before the market becomes excessively euphoric…
A period of consolidation would actually be one of the healthiest developments possible.
𝐖𝐇𝐀𝐓 𝐈𝐒 𝐓𝐇𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐒𝐇𝐎𝐖𝐈𝐍𝐆? 📊
🔶 Spot ETF demand continues absorbing supply
🔶 Institutional inflows remain structurally strong
🔶 Selling pressure appears significantly weaker
🔶 Higher lows are slowly rebuilding bullish structure
Historically, aggressiv

𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐒𝐓𝐑𝐄𝐍𝐆𝐓𝐇 𝐈𝐒 𝐑𝐄𝐓𝐔𝐑𝐍𝐈𝐍𝐆 🚨
$BTC has now printed multiple consecutive days of strength, signaling that buyers are gradually regaining market control.
But before the market becomes excessively euphoric…
A period of consolidation would actually be one of the healthiest developments possible.
𝐖𝐇𝐀𝐓 𝐈𝐒 𝐓𝐇𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐒𝐇𝐎𝐖𝐈𝐍𝐆? 📊
🔶 Spot ETF demand continues absorbing supply
🔶 Institutional inflows remain structurally strong
🔶 Selling pressure appears significantly weaker
🔶 Higher lows are slowly rebuilding bullish structure
Historically, aggressiv

𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐒𝐓𝐑𝐄𝐍𝐆𝐓𝐇 𝐈𝐒 𝐑𝐄𝐓𝐔𝐑𝐍𝐈𝐍𝐆 🚨
$BTC has now printed multiple consecutive days of strength, signaling that buyers are gradually regaining market control.
But before the market becomes excessively euphoric…
A period of consolidation would actually be one of the healthiest developments possible.
𝐖𝐇𝐀𝐓 𝐈𝐒 𝐓𝐇𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐒𝐇𝐎𝐖𝐈𝐍𝐆? 📊
🔶 Spot ETF demand continues absorbing supply
🔶 Institutional inflows remain structurally strong
🔶 Selling pressure appears significantly weaker
🔶 Higher lows are slowly rebuilding bullish structure
Historically, aggressiv

𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐒𝐓𝐑𝐄𝐍𝐆𝐓𝐇 𝐈𝐒 𝐑𝐄𝐓𝐔𝐑𝐍𝐈𝐍𝐆 🚨
$BTC has now printed multiple consecutive days of strength, signaling that buyers are gradually regaining market control.
But before the market becomes excessively euphoric…
A period of consolidation would actually be one of the healthiest developments possible.
𝐖𝐇𝐀𝐓 𝐈𝐒 𝐓𝐇𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐒𝐇𝐎𝐖𝐈𝐍𝐆? 📊
🔶 Spot ETF demand continues absorbing supply
🔶 Institutional inflows remain structurally strong
🔶 Selling pressure appears significantly weaker
🔶 Higher lows are slowly rebuilding bullish structure
Historically, aggressiv

𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐒𝐓𝐑𝐄𝐍𝐆𝐓𝐇 𝐈𝐒 𝐑𝐄𝐓𝐔𝐑𝐍𝐈𝐍𝐆 🚨
$BTC has now printed multiple consecutive days of strength, signaling that buyers are gradually regaining market control.
But before the market becomes excessively euphoric…
A period of consolidation would actually be one of the healthiest developments possible.
𝐖𝐇𝐀𝐓 𝐈𝐒 𝐓𝐇𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐒𝐇𝐎𝐖𝐈𝐍𝐆? 📊
🔶 Spot ETF demand continues absorbing supply
🔶 Institutional inflows remain structurally strong
🔶 Selling pressure appears significantly weaker
🔶 Higher lows are slowly rebuilding bullish structure
Historically, aggressiv

𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐒𝐓𝐑𝐄𝐍𝐆𝐓𝐇 𝐈𝐒 𝐑𝐄𝐓𝐔𝐑𝐍𝐈𝐍𝐆 🚨
$BTC has now printed multiple consecutive days of strength, signaling that buyers are gradually regaining market control.
But before the market becomes excessively euphoric…
A period of consolidation would actually be one of the healthiest developments possible.
𝐖𝐇𝐀𝐓 𝐈𝐒 𝐓𝐇𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐒𝐇𝐎𝐖𝐈𝐍𝐆? 📊
🔶 Spot ETF demand continues absorbing supply
🔶 Institutional inflows remain structurally strong
🔶 Selling pressure appears significantly weaker
🔶 Higher lows are slowly rebuilding bullish structure
Historically, aggressiv

JUST IN: Michael Saylor signals a pause on BTC buying ahead of Tuesday’s Q1 earnings, as Street expects a loss for the quarter. If the pause persists, near-term BTC demand could hinge more on macro tech risk sentiment. $BTC
vsjsbkssjisbaosbsisvsusgaosls sjsvwuwvwjw sksvsisns
s.s shsbjs sisgdisdudgisdvudvd did dhd d. djd djd.xxbdid kdbdodhdisgsusbsosbisvsisheisbskbs

【Must-Watch Series for Entering the Circle】 The complete lessons and experiences of a million traders are fully shared! Teaching ordinary people how to change their fate through cryptocurrency trading |||【Must-Watch Series for Entering the Circle】 The complete lessons and experiences of a million traders are fully shared! Teaching ordinary people how to change their fate through cryptocurrency trading
#Gate广场五月交易分享
$BTC ‌$ETH ‌$GT ‌

【Must-Watch Series for Entering the Circle】 The complete lessons and experiences of a million traders are fully shared! Teaching ordinary people how to change their fate through cryptocurrency trading |||【Must-Watch Series for Entering the Circle】 The complete lessons and experiences of a million traders are fully shared! Teaching ordinary people how to change their fate through cryptocurrency trading
#Gate广场五月交易分享
$BTC ‌$ETH ‌$GT ‌

Why do professional traders gradually become gambling addicts?
Trading ultimately is about cultivating the mind; only through experiencing pain can one be reborn and attain enlightenment—it's not far away~#Gate广场五月交易分享
$BTC ‌$ETH ‌$DOGE ‌

Why do professional traders gradually become gambling addicts?
Trading ultimately is about cultivating the mind; only through experiencing pain can one be reborn and attain enlightenment—it's not far away~#Gate广场五月交易分享
$BTC ‌$ETH ‌$DOGE ‌

$BTC I'm seeing a clean reset after liquidity grab and this looks bullish continuation
I'm watching price hold above support near 77.7k after rejection from 79k highs. Sellers failed to push lower and that tells me buyers are still in control
I'm looking for continuation from here
Entry Point
78,000 to 78,200
Target Point
78,900
79,500
80,200
Stop Loss
77,600
I'm seeing downside getting absorbed and structure holding strong. When price drops fast and doesn’t continue lower, it usually leads to a squeeze up
If this level holds, we move higher
Let's go and Trade now $BTC ‌