$BTC
๐จ Bitcoin Bearish Reversal? ๐จ
Bitcoin is forming a Head & Shoulders pattern on the 15minute chart, signaling a possible downtrend! ๐
๐ป Key Technical Insights:
โก Neckline Support: $84,750 โ A break below could trigger a bigger drop!
โก Resistance Zone: $85,500 - $86,000 โ Bulls must reclaim this to stay in control.
โก RSI Trend: Hovering near 50 โ Weak momentum, bearish confirmation if it dips further.
โก Volume Spike: Sellers gained strength after the peak โ Watch for increasing sell pressure!
๐ก If Bitcoin breaks the neckline with strong volume, expect more downside! Otherwise, bulls might attempt a recovery.
๐ Whatโs your next move? Bullish or Bearish? Drop your thoughts below! ๐๐ฌ
#Bitcoin #Crypto #BTCAnalysis #Trading #BearishTrend ๐๐๐จ Bitcoin Bearish Reversal? ๐จ
Bitcoin is forming a Head & Shoulders pattern on the 15-minute chart, signaling a possible downtrend! ๐
๐ป Key Technical Insights:
โก Neckline Support: $84,750 โ A break below could trigger a bigger drop!
โก Resistance Zone: $85,500 - $86,000 โ Bulls must reclaim this to stay in control.
โก RSI Trend: Hovering near 50 โ Weak momentum, bearish confirmation if it dips further.
โก Volume Spike: Sellers gained strength after the peak โ Watch for increasing sell pressure!
๐ก If Bitcoin breaks the neckline with strong volume, expect more downside! Otherwise, bulls might attempt a recovery.
๐ Whatโs your next move? Bullish or Bearish? Drop your thoughts below! ๐๐ฌ
#Bitcoin #Crypto #BTCAnalysis #Trading #BearishTrend ๐๐