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Daily Bitcoin Analysis - Long-Term Perspective
BTC1!
, 1D
BTC1!: Daily Bitcoin Analysis - Long-Term Perspective

When examining the daily timeframe, it becomes evident that a bearish structure has been in place since the rejection at 31.1k on April 14th. We can observe a consistent pattern of lower highs and lower lows, with another rejection occurring around the local resistance level of 29.1k - 28.2k on May 30th. The resistance from the previous timeframe at 27.1k - 27.7k...

BTC H&S forming?
BTCUSDT
, 60
BTCUSDT: BTC H&S forming?

BTC Touched support at daily close, but is trying to get back into the channel. Testing the Resistance but having a hard time breaking this zone, with the volume being low this weekend we might see a breakout under the support zone towards the 0.786(52.5k) Fib zone. It looks like we are forming a H&S Pattern here, which could confirm my bearish thoughts. If BTC...

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