This 30-minute Bitcoin chart shows a clear bearish reversal pattern following a triple top formation near the $109,000 resistance zone. The price broke below the ascending trendline support, confirming bearish momentum. A highlighted potential bounce zone is around $103,000–$104,000, suggesting short-term support. A minor retracement is expected before any further downside continuation, as shown by the projected path. The chart indicates a potential shift in sentiment from bullish to bearish, emphasizing caution for long positions.
Trade closed: target reached
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t.me/+YwLgml0NKSk1NDI0
✔All Pair Signals Provides
✔XAUUSD EXPERT
✔CONTACT +447543941879
✔REGISTERED UNDER THIS BROKER
partners.vantagemarkets.com/ib-cpa-register/?url=ib&affid=7264705
✔Referral code 7264705
✔All Pair Signals Provides
✔XAUUSD EXPERT
✔CONTACT +447543941879
✔REGISTERED UNDER THIS BROKER
partners.vantagemarkets.com/ib-cpa-register/?url=ib&affid=7264705
✔Referral code 7264705
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.