At the moment, Bitcoin is hovering around the newly created FVG.

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At the moment, Bitcoin is hovering around the newly created FVG.Bitcoin / TetherUSBINANCE:BTCUSDTPeter_Wade🚨 BITCOIN MARKET UPDATE 🚨 Bitcoin has recently broken below the previous BPR (Balanced Price Range), signaling a significant shift in market structure. Along with this breakdown, a Bearish Fair Value Gap (FVG) has also formed β€” a strong indication that the market may be preparing for a further move to the downside. πŸ“‰ What This Means: The break below BPR, combined with the emergence of a bearish FVG, suggests that bearish momentum is currently in play. This is often a sign that the market intends to seek out lower liquidity zones, potentially targeting new lower lows. πŸ”Ž Current Setup: At the moment, Bitcoin is hovering around the newly created FVG. If price retraces into this zone and gives us a clear bearish confirmation (such as a rejection candle, bearish engulfing, or other MSS confirmation), it could provide a high-probability sell opportunity. 🎯 Target: The primary target would be liquidity below the most recent lower lows. ⚠️ Risk Management Reminder: Always wait for proper confirmation before entering a trade. These setups are best traded using MSS (Market Structure Shift) or BPR strategies for higher probability outcomes. πŸ“š DYOR β€” Do Your Own Research! Trading involves risk. Ensure you have a strategy in place and never trade blindly.