Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
$BTC Just Hit a Critical Weekly Level – Here’s What Could Happen Next
BTC swept the all-time high in October, consolidated, and then triggered a $20M liquidation. Since then, the market struggled to regain strength, and previous highs turned into resistance. Price hit 96K, moved lower, and now sits at a critical weekly order block.
This is the type of zone that separates prepared traders from reactive ones. Patience, structure, and risk control are everything.
What’s Happening Now
• Weekly order block tapped – buyers may step in
• Potential retracement: 106k–115K
• Upside target: All-time high 126,208.5
• Deeper sweep scenario: 74K (limit set at 72,144)
Stop loss: 57,040. All levels pre-mapped. This is structure, not guessing.
Trade Plan
Scenario 1 – Reaction from weekly order block:
• Wait for lower timeframe confirmation
• Upside: 106K retracement → all-time high
Scenario 2 – Block fails:
• Sweep to 74K → limit 72,144 → stop 57,040
• Target 1: 106,360
• Target 2: 126,208.5
Key principle: Never force trades. Let the market come to your level.
Why This Zone Matters
1. Liquidity & Efficiency: Weak hands cleared
2. Structure: 88K–74K is the last clean zone
3. Control: Risk predefined, know your entries/exits
4. Patience Pays: Trade probabilities, not emotions
Psychology Behind This Trade
Most traders fail because they react emotionally. Think differently:
• Assume your stop can hit → removes fear
• Focus on process, not outcome → execution over hope
• Accept losses gracefully → frees mental bandwidth
Advantages:
1. Emotional decisions vanish
2. Work with the chart, don’t fight it
3. Confidence comes from preparation, not prediction
Remember: Missing a trade is cheaper than forcing a bad one. Wait for your zone.
Looking Ahead
• Bullish: Hold weekly block → retrace 106K → all-time highs
• Bearish: Fail → sweep to 74K → limit ready → stop 57,040
• Neutral: Observe, confirm, execute
Key Takeaways
• Trading = preparation + patience
• Let the market come to you
• Stick to mapped levels
• Risk small, trade structure, focus on probabilities
• Emotional discipline = your edge
BTC is at a crossroads. Weekly order block is the zone to watch.
🔥 Your turn: Are you waiting for confirmation here or anticipating the sweep to 74K? Share below 👇