BTCUSDT: Range Structure & Reversal Risk
Hi Traders 👋
Bitcoin is currently trading within a clearly defined range, where price action in the upper half of the range is starting to weaken. Within this structure, a well-formed Head and Shoulders pattern has developed — with a clear left shoulder, head, and right shoulder.
Repeated rejections near the range high indicate fading upside momentum, strengthening the case for a potential reversal.
At the moment, price is hovering around the range midline / neckline area.
A confirmed breakdown below this level would activate the pattern and open the door for a move toward the 85,600 – 86,200 demand zone, an area that previously showed strong accumulation.
📉 Key Bias:
As long as price remains below the right-shoulder high, bearish pressure dominates
A clean break below the neckline increases the probability of downside continuation
📈 Invalidation Scenario:
If Bitcoin manages a strong reclaim above the head, the Head and Shoulders structure would be invalidated, keeping price action rotational within the broader range.
The key focus remains on price reaction at range levels. Patience and confirmation are essential — forcing trades inside a range can be risky.
✅ Trade smart. Trade with structure.
✅ $BTC
