BTC 2-4 Short / Tether forum
tp 109100
tp 109500
sl 108200
🚨 UPDATE: The price moved exactly as outlined in the previous analysis.
According to the latest order book data, BTC is facing strong sell pressure between 108,900–109,040, especially around 109,020–109,040, which could block further upside unless backed by strong momentum.
Meanwhile, solid buy support is forming between 108,600–108,530, with large bids stepping in to defend this zone.
Scenarios to watch:
1. A break above 109,040 could trigger a move toward 109,500+.
2. A rejection may send BTC back toward the 108,500–108,300 support zone.
BTC has grabbed liquidity around 108,500, increasing the probability of a bounce back toward the 109,500 resistance zone.
Tight range, heavy liquidity, a breakout or breakdown is on the horizon. 📈📉


I might just sit back and let the comments section run wild—no promises I’ll reply.
Anyway, looks like a head and shoulders pattern is forming on the 1H chart, and the upper boundary of the channel is acting as resistance.
What do you think—are we heading for a new ATH or topping out around 107.5K?
Are head and shoulders better than rectangles? Feel free to jump in with your thoughts.
tradingview.com/x/7LrqUh9U/
