BITCOIN UPDATE (1H TIMEFRAME) 📊
Bitcoin is currently forming a W-Reversal pattern on the 1-hour chart, indicating a potential bullish reversal if confirmation is achieved.
🔹 Key Observation:
Price is attempting to complete the second bottom, showing signs of buyer strength.
🔹 Confirmation Level:
A breakout above the neckline resistance will validate the pattern.
🔹 Bullish Scenario:
If confirmed, we can expect a short-term upward move with strong momentum.
🔹 Invalidation:
Failure to hold support may delay or cancel the reversal setup.
⚠️ Always wait for proper confirmation before entering any trade#trb👀