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Bitcoin Transaction Analysis


Bitcoin Transaction Analysis

Bitcoin/Tether Binance: BTCUSDT



structural background
The market still respects the ascending channel, however:
We just did a thorough breakdown of the mid/high structures (~71–72K)
Current Initiative = Seller Expands Demand

This is no longer a neutral range – it’s bearish pressure moving into key areas

What did you draw (scene)

You map:

Bounced from:
64.5K
or deeper: 62.5K → 61.5K
Target:
66K
68K

Conceptually correct. Execution risk is an area that needs strengthening.

critical area

1. Live support (weak)

64.5K
Already exploited during momentum → may fail on revisit

2. Main needs

62.0K – 63.5K
This is the real reaction zone
confluence:
low range
liquidity pool
your box area

3. Origin/supply details

66K – 68K
Now it is:
Sell ​​zone (don’t aim blindly)
Previous support level → flip resistance level
current behavior
strong downward impulse
No base has been formed yet
This means:

Any bounce = correction unless structure changes

Scenario assessment
🟢 Bounce scenario (effective but tactical)

from:

62K – 63K

Target:

64.5K
66K (main)

⚠️ 68K Only if:

Structural breakthrough + acceptance above 66K
🔴Continuation scene (important)

if:

62K clean

Then:

60K (next liquidity)
May be channel low scan
critical insight

Your model assumes:

“Prices will gradually rebound from multiple levels”

Reality:

The market usually:
ignore weak levels
Only react in areas of true liquidity

so:

64.5K = Trap Level
62K = Decision level
perform corrections
❌ What to avoid
Purchase each level (blind ladder climbing)
Treat 64.5K and 62K equally
✅ Perfect plan

Main long (best setting)

Entry level: 62K – 63K
confirm:
reject wick
Displacement increase (LTF)
Target:
64.5K
66K

Secondary (offensive)

If the rally starts early:
Recycle 65K
Then:
Continues to 66–68K

short setup

exist:
66K – 68K
if:
Weak structure/exclusion
bottom line
Market = bearish impulse of demand
Only one level really matters:
~62K

Everything above is:

Noise or reaction without strong support



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