Bitcoin’s Current Mood: A Little Break Before the Big Jump?
(The Daily view: Still eyeing that $88k-90k supply zone).
Let’s talk about Bitcoin. If you look at the charts today, it feels like we’re in a bit of a tug-of-war. We’re currently knocking on the door
(Zooming in on the 4H: Watching these demand levels closely).
of a heavy supply zone around $74,700, but it’s not letting us in just yet.
While the Daily trend still looks super bullish (Sangat Beli), our shorter-timeframe indicators are flashing a "slow down" sign. With the Stochastic sitting at 99, the market is basically gasping for air. It’s overbought, and a quick dip is honestly overdue.
The Bigger Picture (Geopolitics):
It’s hard to ignore what’s happening globally right now. With the tensions in the Middle East and those new trade tariffs making everyone nervous, the "old" markets are shaking. Bitcoin is being put to the test: is it really the "Digital Gold" everyone says it is? So far, it’s holding its ground as a hedge against this global mess.
(Indicators showing overbought signals. Time to be patient).
My Take: Personally, I’m not chasing the price here. I’m keeping a close eye on those demand zones at $71,000 and $68,600. I’d much rather see price fill those Fair Value Gaps (FVG) first. It’s like a spring—sometimes you have to pull back a little to jump much further toward that $88k - $90k target. Patience is the name of the game this week.
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