📉 BTCUSDT – 1H Chart Technical Outlook
🔍 Structure Insight:
Bitcoin is currently trading within a descending channel, forming lower highs and lower lows, indicating persistent bearish pressure. Price action appears compressed between key trendlines, hinting at an imminent breakout.
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🔻 Scenario 1: Bearish Breakdown (Primary Bias)
If BTC fails to hold above the lower boundary of the range, a decisive break below could trigger a sharp move toward the 103,650–103,000 demand zone. The structure supports continuation to the downside if the price rejects resistance again.
🧊 Bearish Confluence:
Price is unable to break above dynamic resistance.
Momentum remains weak near the mid-range.
Volume spikes on down moves add to selling pressure.
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🔼 Scenario 2: Bullish Breakout (Alternative View)
A breakout above the descending trendline and confirmation candle could flip bias short-term bullish. This would target the 105,400+ region as the next liquidity area.
⚡ Bullish Signs to Watch:
Break and retest above trendline resistance.
Bullish engulfing or breakout candle with volume.
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🔍 Key Levels to Monitor
Support: 103,650 / 103,000
Resistance: 105,000 / 105,400
Breakout Zones: Watch for clean breaks and retests outside the wedge pattern.
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📌 Conclusion:
BTC is coiling within a tightening range. The breakout direction will likely dictate the next short-term trend. Maintain flexibility — breakout confirmation is key before positioning.
🚨 Not financial advice — always DYOR before trading!
🔍 Structure Insight:
Bitcoin is currently trading within a descending channel, forming lower highs and lower lows, indicating persistent bearish pressure. Price action appears compressed between key trendlines, hinting at an imminent breakout.
---
🔻 Scenario 1: Bearish Breakdown (Primary Bias)
If BTC fails to hold above the lower boundary of the range, a decisive break below could trigger a sharp move toward the 103,650–103,000 demand zone. The structure supports continuation to the downside if the price rejects resistance again.
🧊 Bearish Confluence:
Price is unable to break above dynamic resistance.
Momentum remains weak near the mid-range.
Volume spikes on down moves add to selling pressure.
---
🔼 Scenario 2: Bullish Breakout (Alternative View)
A breakout above the descending trendline and confirmation candle could flip bias short-term bullish. This would target the 105,400+ region as the next liquidity area.
⚡ Bullish Signs to Watch:
Break and retest above trendline resistance.
Bullish engulfing or breakout candle with volume.
---
🔍 Key Levels to Monitor
Support: 103,650 / 103,000
Resistance: 105,000 / 105,400
Breakout Zones: Watch for clean breaks and retests outside the wedge pattern.
---
📌 Conclusion:
BTC is coiling within a tightening range. The breakout direction will likely dictate the next short-term trend. Maintain flexibility — breakout confirmation is key before positioning.
🚨 Not financial advice — always DYOR before trading!
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.
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.