Is Bitcoin on the Verge of a Major Crash? Warning Signs Ahead!
2024-11-15

👀👉  Bitcoin (BTC) has recently surged to all-time highs, but is the rally about to reverse? On the 1M monthly timeframe, a key horizontal resistance level is flashing warning signals. BTC appears heavily overbought, and the trend shows clear signs of overextension.  

📉 Using advanced trading concepts like Wyckoff theory and ICT methodology, this video breaks down:   
- How historical price action reveals similar overextended moves that led to significant pullbacks.  
- Why the Fibonacci tool suggests a potential retracement to equilibrium after a parabolic price swing.  
- The lack of smart money accumulation since the last major price breakout, signaling potential vulnerabilities.  

🔍 We’ll examine two key scenarios:  
1. Bearish Opportunity: If price action breaks structure and takes out existing range lows, it could signal a deeper correction.  
2. Bullish Opportunity: If BTC trades into a discounted zone below equilibrium, this could present a strong buy opportunity for longer-term positioning.  

📊 This analysis is for educational purposes only and highlights the importance of managing risk in a market known for its volatility. Past performance is no guarantee of future results—trade wisely and always assess your risk tolerance!  

👉 Don’t miss this critical breakdown. Learn how to read the charts like a pro and prepare for what’s next in Bitcoin’s journey!📊