BTC Technical Breakdown
๐ BTC gave a breakout from the falling channel (4H TF)
๐ But now it's retesting the breakout trendline around 107.9kโ108.2k
๐ Price is hovering on the edge โ weak candles, no bullish follow-through
๐ Volume is dropping โ suggesting lack of buyer interest
๐ฎ Whatโs Next?
Scenario 1 โ Retest Holds (Bullish Case):
โ Strong bounce expected
๐ฏ Targets: 109.5k / 111k / 112.5k
Scenario 2 โ Retest Fails (Bearish Trap):
โ Breakdown below 107.8k = fakeout confirmed
๐ป Targets: 106.5k / 105.2k / 103.5k
#BTC
๐ BTC gave a breakout from the falling channel (4H TF)
๐ But now it's retesting the breakout trendline around 107.9kโ108.2k
๐ Price is hovering on the edge โ weak candles, no bullish follow-through
๐ Volume is dropping โ suggesting lack of buyer interest
๐ฎ Whatโs Next?
Scenario 1 โ Retest Holds (Bullish Case):
โ Strong bounce expected
๐ฏ Targets: 109.5k / 111k / 112.5k
Scenario 2 โ Retest Fails (Bearish Trap):
โ Breakdown below 107.8k = fakeout confirmed
๐ป Targets: 106.5k / 105.2k / 103.5k
#BTC
