Bitcoin
Short

BTCUSD Technical analysis.

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The image is a 1-hour chart of Bitcoin (BTC/USD) from TradingView, showing key technical analysis elements:

Yellow background with price action.

A blue downward trendline, indicating a bearish trend.

A purple rectangular support zone, suggesting a key demand area around 76,859.

A green and red box, representing a trade setup:

Green (profit target area) suggests a bullish move.

Red (stop-loss level) shows risk management.


Current price: 81,289.

Price is testing the downtrend line, potentially indicating a breakout or rejection.


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