BTCUSD: Short Term Bounce Before the next Sell-Off?| fxBIGPAPA

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BTCUSD: Short Term Bounce Before the next Sell-Off?| fxBIGPAPABitcoin / U.S. dollarBITSTAMP:BTCUSDfxBIGPAPA๐Ÿ“Š Technical Analysis 1. Overall Market Structure Bullish 2. Price bouncing off the $81500 zone to the upside 3. Anticipating further push into the $85200 zone as this is a strong supply zone attracting price, then expecting a short sell. 4. Would be looking for sells from the supply zone into targets below, possibly the area market "BUY BB" ๐Ÿ“Š Fundamental Analysis - ๐Ÿฆ ETF Flows โ€” Bearish: ~$700M in Bitcoin ETF outflows suggest weakening institutional demand. - ๐Ÿ“ˆ Fed & Interest Rates โ€” Bearish: Elevated Treasury yields could pressure BTC and other risk assets. - ๐ŸŒ Geopolitics โ€” Mixed: Reduced U.S.โ€“Iran tensions supported recovery, but rising oil prices remain a risk. - U.S. Economic Data โ€” Major Catalyst: Softer inflation could boost BTC, while hotter data may strengthen the dollar and push BTC lower. ๐ŸŽฏ Overall Bias: Bearish โš ๏ธ Weak ETF flows and high yields create downside pressure, while geopolitical relief offers some support. Watch upcoming U.S. economic data for the next major directional catalyst. โœจ Summary Would be focusing on buying into supply zone $85200 next week, then would follow the reaction in that zone and see if we have sell pressure then sell to the downside. ๐Ÿ“ˆ X in profile. I also share other market insights and trade ideas on my page. See you on the next one! ๐ŸŽฏ๐Ÿค