We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
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🚀 Boosts provide strong motivation and drive to the SeoVereign team.
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Hello,
This is SeoVereign, approaching technical analysis not as a result but as a prediction, with a realistic perspective.
I am presenting a bearish view on Bitcoin as of June 17, 2025.
First, based on the fact that a downtrend appeared near the 0.786 level of the overall Fibonacci retracement, I believe strong downward pressure is forming, and thus I am outlining this bearish perspective.
This 0.786 level corresponds to around the 109,000 price range. On the chart, the 109,000–110,600 range is a very strong supply zone where support and resistance have repeatedly been confirmed.
Next, from a wave counting perspective, the 1.272 trend-based Fibonacci extension lies in a similar area as the 0.786 retracement level, which further reinforces my conviction in this view.
After successfully predicting the downward movement from the 11th, I have been continuously counting the recent upward wave, and the wave structure on the chart appears to align naturally, as I see it.
In addition, from a harmonic perspective, the Alt Bat pattern is functioning effectively, and since the movement has been captured within the pre-set X–1.13 range, the confirmation of this pattern can also be considered successful.
The first target is currently set around the 105,700 level.
I will continue to monitor the market closely, and once this idea progresses to a certain point, I will share more specific evidence and the thought process behind the bearish entry through an additional update.
Thank you.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
🔔 Follow us to never miss a market update.
🚀 Boosts provide strong motivation and drive to the SeoVereign team.
--------------------------------------------------------------------------------------------------------
Hello,
This is SeoVereign, approaching technical analysis not as a result but as a prediction, with a realistic perspective.
I am presenting a bearish view on Bitcoin as of June 17, 2025.
First, based on the fact that a downtrend appeared near the 0.786 level of the overall Fibonacci retracement, I believe strong downward pressure is forming, and thus I am outlining this bearish perspective.
This 0.786 level corresponds to around the 109,000 price range. On the chart, the 109,000–110,600 range is a very strong supply zone where support and resistance have repeatedly been confirmed.
Next, from a wave counting perspective, the 1.272 trend-based Fibonacci extension lies in a similar area as the 0.786 retracement level, which further reinforces my conviction in this view.
After successfully predicting the downward movement from the 11th, I have been continuously counting the recent upward wave, and the wave structure on the chart appears to align naturally, as I see it.
In addition, from a harmonic perspective, the Alt Bat pattern is functioning effectively, and since the movement has been captured within the pre-set X–1.13 range, the confirmation of this pattern can also be considered successful.
The first target is currently set around the 105,700 level.
I will continue to monitor the market closely, and once this idea progresses to a certain point, I will share more specific evidence and the thought process behind the bearish entry through an additional update.
Thank you.
🌐서버린 공식 텔레그램 채팅방
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌐서버린 공식 텔레그램 채팅방
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.