$BTC Bias: Bearish 🐻

Bitcoin is currently respecting a strong descending trendline resistance. Price is approaching a key rejection zone where a potential Double Top pattern may form.

If BTC confirms a Double Top near the trendline, we can expect a sharp downside move.

🔻 Scenario:

Rejection from trendline + Double Top confirmation

Breakdown below neckline support

📍 Entry Plan:

Sell Zone: 76,250

🎯 Targets:

75,000 (first target)

74,500

❌ Invalidation:

If price breaks and closes above the trendline, DO NOT take the trade

BTC

77,475.91

-0.41%