$BTC USDT is trading around 78,900 USDT after failing to hold the level above 80K. On the 1-hour (H1) chart, a Head & Shoulders pattern has formed, and the price is currently retesting the neckline-located between 78,800 and 79,300-from below.
If BTC faces continued rejection in this zone, ! lean towards a return of selling pressure, potentially driving the price down to 76,600 and further to the 74,500 USDT area. Breaking and holding above the 79,700-80,000 range would invalidate this bearish scenario. @Hayan69 @Binance Square Official @ابوفـيصل