Potential Rounding Top and Key Support Levels

• The price action has carved out several swing highs near resistance, forming a curved pattern at the top.
  
• This type of structure often signals a loss of buying pressure and the potential start of a corrective phase.
  

• The horizontal support zone around the mid- to high-90k region is critical. A decisive break below this area could open the door to further downside.
  
• Secondary support aligns with the lower 90k range, which coincides with the prior consolidation zones and trend intersections.
  

• A breach below the identified support could trigger a deeper move to the mid-80k area or even toward the upper 70k region if selling accelerates.
  
• Momentum indicators (such as RSI or MACD, not shown here) should be watched closely for confirmation of weakening bullish momentum.
  

• Should the price hold above the primary support and regain strength, a bounce back toward the 100k–102k zone is plausible.
  
• Look for bullish signals (e.g., higher lows on lower time frames) before anticipating a sustained push higher.
  

• Risk Management: As always, define your stop-loss levels in accordance with your risk tolerance.
  
• Entry Triggers: Wait for confirmation, such as a candlestick close above (or below) key support/resistance levels, before entering a trade.
  
• No Certainty in Markets: Remember, patterns can fail, and news events or macro factors can rapidly shift market sentiment.
  

BTC/USD appears to be at a turning point, with a potential topping pattern coming into play. While there is a clear risk of deeper downside, a convincing hold above the primary support could support another push to the upside. Stay patient, always practice disciplined risk management, and let the price action confirm your bias before entering or exiting positions.

Educational Purposes Only — Not Financial Advice. Always conduct your own research and use proper risk management.

cryptolinx aka jango_blockchained