BTC – Major Setup in Play | Distribution or Bull Trap? (6H)Bitcoin / U.S. dollarBITSTAMP:BTCUSDzylvyu66🚨 **BTC – Major Setup in Play | Distribution or Bull Trap? (6H)** Price is testing a key HTF zone around **78k–80k**, where: * previous support flips into resistance * W–X–Y corrective structure looks complete * bearish RSI divergence is present 👉 This is a **decision zone**, not a certainty. --- ## 🔴 Scenario 1 – Direct Reversal Rejection from current zone → market structure break → potential start of a bearish impulse. ## 🟢 Scenario 2 – Liquidity Grab (primary scenario) Break above 80k → liquidity sweep: * 84k–86k * possible extension to 95k–100k → followed by a **bull trap + sharp move down** ⚠️ RSI divergence = context, NOT an entry trigger. --- # 🎯 Trading Plan ## 🔴 Plan A – Aggressive Short (from resistance) * Entry: clear rejection at 78k–80k * Confirmation: LH + structure break on lower TF * SL: above ~81k * TP: 72k → 65k → 60k 📉 Anticipatory setup (higher risk) --- ## 🟢 Plan B – Short after liquidity trap (preferred) * Condition: acceptance above 80k * Zones: 85k / 95k–100k * Entry: weakness signal (fake breakout / LH) * SL: above sweep high * TP: 78k → 70k → 60k 📊 Higher probability, cleaner execution --- ## ❌ Invalidation * acceptance above 100k * continued bullish structure (HH + HL) --- 📌 **Conclusion** Market appears to be in **distribution**, but may still sweep upside liquidity before the larger move down. 👉 I don’t predict — I react to confirmation. --- #BTC #Bitcoin #TradingView #Crypto #PriceAction #SmartMoney #Liquidity #RSI #ElliottWave