📈 Market Context:
Traders are currently anticipating a potential 0.25% rate cut at the September FOMC meeting, which continues to support the broader bullish outlook.
While the market pulled back following weaker-than-expected Non-Farm Payroll data, overall sentiment remains optimistic.
Greed has cooled off into a more neutral stance. Historically, August often brings some consolidation or pullbacks — but the structural bias for Bitcoin remains bullish.
🧾 Weekly Recap:
• After printing new all-time highs, BTC began a healthy retracement.
• Price action closely mirrored the Nasdaq's (NQ) pullback during the week.
• We saw a small bounce mid-week, but no strong reversal confirmation yet.
📌 Technical Outlook & Game Plan:
→ I’m watching for price to revisit the long-term bullish trendline.
→ A slight deviation into the HTF demand zone would be ideal for long entries.
→ Bonus confluence: This area also aligns with the 0.5 Fibonacci retracement (Equilibrium level), providing a key discount zone.
🎯 Setup Trigger:
I’ll be watching for a confirmed bullish break of structure (BOS) on the 1H–4H timeframes to signal a reversal.
On confirmation, I’ll look to enter a swing long position.
📋 Trade Management:
• Stoploss: Below the 1H–4H demand swing low
• Take Profit:
→ I’ll trail stops and lock in profits aggressively
→ Main target: $119,820
💬 Like, follow, and comment if this breakdown supports your trading! More setups and market insights coming soon — stay connected!
Traders are currently anticipating a potential 0.25% rate cut at the September FOMC meeting, which continues to support the broader bullish outlook.
While the market pulled back following weaker-than-expected Non-Farm Payroll data, overall sentiment remains optimistic.
Greed has cooled off into a more neutral stance. Historically, August often brings some consolidation or pullbacks — but the structural bias for Bitcoin remains bullish.
🧾 Weekly Recap:
• After printing new all-time highs, BTC began a healthy retracement.
• Price action closely mirrored the Nasdaq's (NQ) pullback during the week.
• We saw a small bounce mid-week, but no strong reversal confirmation yet.
📌 Technical Outlook & Game Plan:
→ I’m watching for price to revisit the long-term bullish trendline.
→ A slight deviation into the HTF demand zone would be ideal for long entries.
→ Bonus confluence: This area also aligns with the 0.5 Fibonacci retracement (Equilibrium level), providing a key discount zone.
🎯 Setup Trigger:
I’ll be watching for a confirmed bullish break of structure (BOS) on the 1H–4H timeframes to signal a reversal.
On confirmation, I’ll look to enter a swing long position.
📋 Trade Management:
• Stoploss: Below the 1H–4H demand swing low
• Take Profit:
→ I’ll trail stops and lock in profits aggressively
→ Main target: $119,820
💬 Like, follow, and comment if this breakdown supports your trading! More setups and market insights coming soon — stay connected!
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน