📊 $BTC /USDT Technical Outlook
Bitcoin is approaching the major long-term downtrend line (green). An inverse head & shoulders pattern is clearly forming, which is typically a bullish reversal signal.
🔍 Key Highlights:
BTC is consolidating right below the trendline. A breakout followed by a clean retest could trigger a strong upward move.
If confirmed, the next target zone sits around 103k+
📈 Possible Scenario (Yellow Path):
Breakout → Retest → Strong rally upward.
Support is holding well for now, and once BTC flips the trend line, momentum could accelerate quickly.
