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Waqar Zaka has been the leading voice in the crypto space since 2015, having over 4.9 Million crypto followers on www.fb.com/waqarzaka, he has been invited to the leading Blockchain conferences around the world as a speaker because of his crypto social media marketing skills & charity work in the warzone areas, teaching refugees how they can use crypto to earn profits without middlemen & especially for creating content that attracts a massive audience towards the crypto space. Famous for getting Crypto unbanned in Pakistan by fighting a Court case without a lawyer as in Pakistan no one had any idea about crypto at that time, launching hydro-power based Crypto mining farms in Northern areas of Pakistan, launched a proof of stake.
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Waqar Zaka
BTC update
Ye update hai signal nahi. Agar education section se technical analysis properly seekhi hai to aap is structure ke andar liquidity flow aur intent ko samajh sakte hain.
BTC/USDT
BTC is waqt 67,574 ke qareeb 4 hour timeframe par trade kar raha hai. Structure pehle strong sell off ke baad 60,000 ke neeche liquidity sweep karke bounce diya tha. Us ke baad se price ek defined range me move kar rahi hai jahan lower highs aur mid range rejection clear nazar aa rahe hain.
Sab se important immediate support 65,100 ka zone hai jo recent higher low aur demand base hai. Agar price is level ke upar hold karta hai to range structure intact rahega. Lekin agar 65,100 clean break hota hai to phir neeche 64,027 aur us ke baad 62,246 ka liquidity pocket activate ho sakta hai. Wahan bohat se stop losses stacked ho sakte hain.
Upar ki taraf 69,445 se 70,892 ka area strong resistance cluster hai. Yeh supply zone hai jahan se multiple rejections aaye hain. Is area ke upar breakout traders ki liquidity aur short sellers ke stops dono padhe ho sakte hain. Agar price strong volume ke sath 70,892 reclaim karta hai aur 4 hour close sustain karta hai to structure short term bullish shift karega aur next expansion 74,425 ki taraf ho sakti hai.
Lekin agar 70,892 ke qareeb fake breakout mile aur price wapas range ke andar close kare to trapped breakout buyers ki wajah se sharp downside move aa sakta hai.
Is waqt price mid range ke qareeb compress ho rahi hai 65,100 aur 70,892 ke beech. Compression ke baad expansion expected hoti hai. Pro level observation yeh hai ke jab tak clear higher high aur higher low structure confirm nahi hota tab tak is move ko range rotation hi treat kiya jayega.
Overall higher timeframe trend neutral to slightly bearish lean karta hai jab tak 70,892 decisively reclaim na ho.
Bitcoin is currently trading around 67,574 on the 4 hour timeframe. After the major sell off and liquidity sweep below 60,000, price bounced and has since been trading within a defined range, forming lower highs and mid range rejections.
The key immediate support is 65,100, which marks the recent higher low and demand base. Holding above this level keeps the range intact. A clean breakdown below 65,100 would likely expose 64,027 and potentially 62,246, where significant liquidity may rest.
On the upside, the 69,445 to 70,892 region is a strong resistance cluster and supply zone. Liquidity from breakout traders and short seller stops is likely resting above this area. A strong breakout and sustained 4 hour close above 70,892 would signal a short term structural shift and open the path toward 74,425.
However, a failed breakout above 70,892 followed by a close back inside the range would suggest a liquidity trap and possible sharp downside rotation.
Currently price is compressing between 65,100 and 70,892. Compression typically leads to expansion. Until a decisive break occurs, this remains a range environment with neutral to slightly bearish higher timeframe bias.
2 days ago | [YT] | 302
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