🚨 $BTC MARKET UPDATE 🚨
🫣 On the 4H chart, Bitcoin is once again shaping a descending triangle pattern, closely resembling the setup we previously saw near the $75K area.
🎀 The key support has now been lost, and BTC is trading beneath that level. Until buyers reclaim this zone with strength, bearish pressure is likely to remain in control.
🟨 The two most critical price levels to watch are $65,770 and $58,200.
👉 If Bitcoin confirms a breakdown below the $58,200 support, I’ll stay patient and wait for the $49,000 region—or possibly even lower—before considering any new swing positions.
🎁 Since we're heading into the weekend, patience is essential. The market's reaction on Monday will be important, as continued selling pressure could lead to one of the weakest weekly closes since September 2024.
Once $BTC reclaims $65,770 and holds above it with strong candle closes, the chances of a rally toward the $70,000+ zone increase significantly.
From there, I’ll start watching for a potential short opportunity around the $74,000–$76,000 resistance area—but only if the market provides clear confirmation.
📊 Key Levels
🔴 Current Resistance: $63,670
🟢 Current Support: $58,200
🟢 Major Swing Support: $49,000 Zone
🔴 Major Swing Resistance: $74,000–$76,000 Zone
#Binance #BinanceSquareTalks
Regards,
Your trusted friend, Crypto Profit 007 ✌️
If you want to grow your profits on Binance, follow me. Let's achieve success together, my friends. ❤️
#USIranAgreeToHaltAttacks #BTC
🫣 On the 4H chart, Bitcoin is once again shaping a descending triangle pattern, closely resembling the setup we previously saw near the $75K area.
🎀 The key support has now been lost, and BTC is trading beneath that level. Until buyers reclaim this zone with strength, bearish pressure is likely to remain in control.
🟨 The two most critical price levels to watch are $65,770 and $58,200.
👉 If Bitcoin confirms a breakdown below the $58,200 support, I’ll stay patient and wait for the $49,000 region—or possibly even lower—before considering any new swing positions.
🎁 Since we're heading into the weekend, patience is essential. The market's reaction on Monday will be important, as continued selling pressure could lead to one of the weakest weekly closes since September 2024.
Once $BTC reclaims $65,770 and holds above it with strong candle closes, the chances of a rally toward the $70,000+ zone increase significantly.
From there, I’ll start watching for a potential short opportunity around the $74,000–$76,000 resistance area—but only if the market provides clear confirmation.
📊 Key Levels
🔴 Current Resistance: $63,670
🟢 Current Support: $58,200
🟢 Major Swing Support: $49,000 Zone
🔴 Major Swing Resistance: $74,000–$76,000 Zone
#Binance #BinanceSquareTalks
Regards,
Your trusted friend, Crypto Profit 007 ✌️
If you want to grow your profits on Binance, follow me. Let's achieve success together, my friends. ❤️
#USIranAgreeToHaltAttacks #BTC