- Bitcoin is still in an uptrend on the daily chart despite the recent drop
- The 4-hour chart shows a demand zone reaction—potential for a bounce
- Lower timeframes remain bearish; wait for confirmation before entering
Bitcoin, like the rest of the crypto market, has taken a hit in recent days. But should you really be worried? Probably not.
Looking at the daily timeframe, Bitcoin is still in an uptrend despite the recent drop. This could just be a normal correction rather than the start of a bigger crash.
If we zoom into the 4-hour chart, Bitcoin has reacted to a demand zone formed after a liquidity grab—a classic move where the market hunts stop losses before reversing.
This reaction could indicate that buyers are stepping in, but we still need confirmation.
On the 15-minute chart, Bitcoin is still bearish. If you’re looking for an entry, it might be smarter to wait for a shift in structure before jumping in.
Entering now is risky, so using a break-even stop-loss could be a good idea if you’re taking a position.
Bitcoin Analysis: What’s Happening?
Bitcoin’s drop is part of a broader market move, but it’s not necessarily a reason to panic. If you’ve read the XRP analysis, you might notice a similar pattern—crypto assets tend to move in correlation, and this is no different.
The big question is whether Bitcoin has grabbed enough liquidity to start reversing or if it still has more downside left. On lower timeframes, there are some interesting zones where price could react.
If Bitcoin breaks higher from here, we could see a retracement start soon. But if it keeps dropping, the next liquidity zone below could be the real target.
Bitcoin Price Prediction: What’s Next?
There are two possible scenarios here:
- Bullish case: Bitcoin has already taken enough liquidity, buyers step in, and price starts recovering.
- Bearish case: Bitcoin still needs to hunt more liquidity before reversing, meaning further downside could come first.
If you’re trading, patience is key. If you’re accumulating, this drop could be an opportunity. Just remember—the market can do whatever it wants, and nothing is 100% guaranteed.
Final Thoughts
Bitcoin’s move might look scary, but taking a step back shows that the bigger trend is still intact. Watch how price reacts in the next few hours—it’ll tell us a lot about whether this was just a liquidity grab or if there’s more downside left.
If you’re trading, keep risk management tight. If you’re holding for the long term, dips like these tend to be great opportunities.
🚀 Are you buying this dip or waiting for more confirmation?
Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more
