Bitcoin is compressing within a tightening triangle on the 4H chart, and pressure is mounting for a downward breakout. Price action is bearish-biased unless bulls can reclaim $107.5K. Traders should closely watch for a breakdown retest as a potential short entry, targeting the high-liquidity zone around $95,000–$98,000.
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🚀 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions, I will respond :)
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trade active
Nice drop 
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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.