$BTC is performing a tiny M pattern in 1D chart & it's known | N_ joy on Binance Square

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$BTC is performing a tiny M pattern in 1D chart & it's known for dumping so keep your eyes open 👀 dyor

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$BTC might be forming a Reverse Cup & Handle on the weekly chart. This is a bearish continuation pattern, and here’s how it works: Price forms a rounded top → the “cup” Then it bounces up slightly → the “handle” After that, the chart usually breaks down sharply And right now, BTC’s structure actually matches this pattern: ✔ A rounded top already formed at $126k ✔ BTC dropped to $86k (the cup bottom) ✔ Now it’s bouncing back toward resistance ✔ If price gets rejected around $97k–$100k, the handle completes → and the next big move can be down Key levels for the reverse cup & handle: 🔥 Resistance (handle zone): $97k – $100.5k This is where BTC should struggle. ⚠️ Breakdown zone: $86k – $87k Falling below this confirms the pattern. 📉 Downside targets (if confirmed): $72k, $58k, or lower depending on momentum.

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Market turning green today feels good, especially after couples of red days. But here’s what beginners need to know: This move is what traders call a bounce, not a confirmed trend change. $BNB is still sitting under major resistance zones. The real momentum only starts when BNB breaks $915 and then $1,011. If that breakout happens, the next wave can be strong… but right now, we’re still in the “testing stage.” Stay patient. Learn the structure. Dyor

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$BTC is in a downtrend Right now it’s stuck at resistance around $92k If it breaks $92k → next target $98k If it rejects → it can fall back to $88k or even $80.6k

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