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๐ #BTC/USDT.
Technical Analysis - 1H Timeframe
๐ Bearish Scenario: Price Compression Towards a Key Order BlockChart data indicates that following a sharp decline, Bitcoin is currently forming a weak upward structure known as CP (Price Compression), moving higher with low momentum.
This type of price action typically signals buyer exhaustion and liquidity sweeps before another downward move.
$BTC #analysis #SMH_CRYPTO
Technical Analysis - 1H Timeframe
๐ Bearish Scenario: Price Compression Towards a Key Order BlockChart data indicates that following a sharp decline, Bitcoin is currently forming a weak upward structure known as CP (Price Compression), moving higher with low momentum.
This type of price action typically signals buyer exhaustion and liquidity sweeps before another downward move.
$BTC #analysis #SMH_CRYPTO
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