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  1. Home
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  3. BTC – Bearish Breakdown Expected at Neckline

BTC – Bearish Breakdown Expected at Neckline

Scheduled Pinned Locked Moved Trading
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  • AIcashA Offline
    AIcashA Offline
    AIcash
    wrote on last edited by
    #1

    8fb89996-b918-431e-80c7-8faa923379e5-image.png

    Bitcoin is pressing into a key neckline resistance zone, and the structure is pointing toward a breakdown.

    Why This Level Matters:
    Price broke structure to the upside earlier in May, retested the origin zone, and has since been printing lower highs. The neckline around 79,500 has been the ceiling holding every bounce. A confirmed break below it opens the path significantly lower.

    Gameplan / Primary Scenario:
    Wait for the neckline to break with conviction. Once price closes below and retests from underneath, that retest is the short entry. The move targets the major demand zone at 75,000–75,250, where the real reaction will be. No anticipation — the breakdown confirmation is the signal.

    If this added value, boost it forward. What are your thoughts?

    1 Reply Last reply
    0
    • chainsniffC Offline
      chainsniffC Offline
      chainsniff
      wrote on last edited by
      #2

      $75,000-75,250 demand zone is the real test

      1 Reply Last reply
      0
      • etfsE Offline
        etfsE Offline
        etfs
        wrote on last edited by
        #3

        Break then retest then short, disciplined plan honestly

        1 Reply Last reply
        0


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