BTC/USDT | May 31, 2026

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BTC/USDT | May 31, 2026Bitcoin all time history indexINDEX:BTCUSDjohnryoma21BTC/USDT โ€” Swing Trade Idea ๐Ÿ“… 5/31/26 ยท ๐Ÿ“Œ BIAS: โ€” MARKET STRUCTURE โ€” Price is forming what appears to be a 5th lower high on the current structure, with the next significant liquidity zone sitting at the 70kโ€“71k region which a logical target for another lower low. Worth noting that both the weekly and monthly candles close in the next few hours, which could add volatility to the setup โ€” KEY LEVELS โ€” Entry zone : 74,100 - 75,200 Take profit : 70,000 - 71,000 Stop loss : 77,000 - 78,000 Estimated RR : ~2R โ€” STOCH-RSI READING โ€” Stoch-RSI is currently in overbought territory on the 4H, with %K showing early signs of a bearish cross. This aligns with the structural setup and suggests fading momentum at current levels โ€” SCENARIO TO WATCH โ€” A BOS below the most recent swing low would validate bearish continuation toward the 70kโ€“71k target. Invalidation: A close above 77kโ€“78k shifts structure to bullish and exits the trade idea. โ€” Not financial advice. DYOR and manage your risk.