#Btcupdate🔥🔥🔥
BTC CME Futures (on a four-hour time frame) has shown a breakdown below a symmetrical triangle pattern. After a strong upward rally, the price consolidated within this triangle, but now the price has fallen below the lower trend line, indicating bearish pressure in the market.
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🔻 The first key support zone:
is between 114,000 – 115,000, which:
matches with EMA 100 (short-term moving average),
and is also a previously tested demand area.
If the price remains above this zone, bulls (buyers) may attempt a recovery.
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⚠️ If this support fails:
the next major support zone will be: 111,500 – 112,500
This has been a strong historical support zone.
Additionally, EMA 200 (long-term moving average) is also present in this area providing extra support.
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🐂 To regain bullish momentum:
the price must:
reclaim the broken triangle structure,
and move above recent resistance levels.
Until that happens, further downward correction in the market is possible.
