There is a positive divergence on the four-hour chart, I expect an increase.
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Crypto Emad
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🧨 Will $BTC fall from the channel? Critical analysis before a potential collapse!
📉 On the 4-hour timeframe, BTCUSDT is moving within a strict descending channel, reflecting ongoing negative momentum.
📌 Resistance at $115,000 awaits retest, while the critical support at $110,500 faces the risk of collapse.
🎯 If this level breaks, we may see a drop towards $107,500 then $105,000 — the lower bound of the channel!
⚠️ The current technical setup indicates a continuation of the downtrend unless we witness a sudden breakthrough of the upper resistance.
📊 Is this just a correction? Or the beginning of a deeper collapse?
Follow channel #CryptoEmad to receive real-time technical analyses before any major market movement!
💬 Share your opinion in the comments, and hit like if you found the analysis helpful!
#BitcoinCrash #CryptoAnalysis #BTCUpdate #BearishTrend
📉 On the 4-hour timeframe, BTCUSDT is moving within a strict descending channel, reflecting ongoing negative momentum.
📌 Resistance at $115,000 awaits retest, while the critical support at $110,500 faces the risk of collapse.
🎯 If this level breaks, we may see a drop towards $107,500 then $105,000 — the lower bound of the channel!
⚠️ The current technical setup indicates a continuation of the downtrend unless we witness a sudden breakthrough of the upper resistance.
📊 Is this just a correction? Or the beginning of a deeper collapse?
Follow channel #CryptoEmad to receive real-time technical analyses before any major market movement!
💬 Share your opinion in the comments, and hit like if you found the analysis helpful!
#BitcoinCrash #CryptoAnalysis #BTCUpdate #BearishTrend
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.