🚨 $BTC Head & Shoulders Alert? 🔴
BTC is now testing an important neckline/support zone around $74,700 - $75,000.
Pattern is not confirmed yet, but the structure looks like a possible Head & Shoulders setup.
✅ Bearish confirmation:
Daily close below $74,700
📉 If breakdown confirms, next support levels:
$72,000
$70,000
$68,500
❌ Invalidation:
If BTC reclaims $79,000, this pattern becomes weak.
Above $82,800, bearish setup invalid.
No panic, no blind short.
Wait for confirmation first. 📊
What do you think 🤔 breakdown or bounce from neckline? 👀
$BTC Trade here 👇
#BTCETFDemandDropsRiskIndexHigh
BTC is now testing an important neckline/support zone around $74,700 - $75,000.
Pattern is not confirmed yet, but the structure looks like a possible Head & Shoulders setup.
✅ Bearish confirmation:
Daily close below $74,700
📉 If breakdown confirms, next support levels:
$72,000
$70,000
$68,500
❌ Invalidation:
If BTC reclaims $79,000, this pattern becomes weak.
Above $82,800, bearish setup invalid.
No panic, no blind short.
Wait for confirmation first. 📊
What do you think 🤔 breakdown or bounce from neckline? 👀
$BTC Trade here 👇
#BTCETFDemandDropsRiskIndexHigh