Bitcoin (BTCUSD) is currently trading in a clear downtrend and has recently broken below a major demand zone with a strong bearish candle — confirming continued selling pressure.
🔄 After a brief retracement, the market is showing signs of renewed bearish momentum, supported by a noticeable increase in selling volume.
This setup points to a potential continuation to the downside.
🎯 Technical Target Levels:
- $98,400
- $93,700
These levels represent key areas where price could find short-term support if momentum continues.
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💲𝗙𝗢𝗥𝗘𝗫 < 𝗚𝗢𝗟𝗗 > ₿ 𝗕𝗧𝗖 || Real Trades, Real Results 🧿 || 🚨 VIP Signals {My Personal Entries} 🔗Join Telegram – Trade smarter. t.me/DollarsMagnet1
Premium Channel For Gold Trading.
t.me/iTradeDollar
Premium Channel For Gold Trading.
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Related publications
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.