BTCUSD 1H Analysis – by LIVIABTC has broken down from the symmetrical triangle formation on the 1-hour chart, confirming a shift in short-term market structure. Price is also respecting bearish Fair Value Gap (FVG) dynamics, with the initial FVG entry level at 103,300, and a second FVG rejection around the 104,200 resistance zone.
Technical Targets:
1st Target: 101,800
2nd Target: 100,700
The bearish momentum is validated by structure and FVG confluence. Selling pressure is in control as long as price remains below 104,200.
Stay sharp and manage risk accordingly.
— LIVIA
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Disclaimer
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