🚨 BITCOIN REJECTED AT THE HIGHS — DEEPER RETRACEMENT IN FOCUS
$BTC USDT is showing bearish signs on the 1H timeframe after getting rejected near the highs and forming a potential rounding-top structure.
Price has broken below the previous ascending structure and is now trading beneath the key $84,400 seller zone, while holding above the $81,400 buyer zone.
📉 Bearish Scenario • 🔴 Resistance / Seller Zone: $84,400 • 🟢 Key Support / Buyer Zone: $81,400 • 🎯 TP1: $81,400 • 📉 Losing the buyer zone could expose deeper support levels
⚠️ As long as BTC remains below $84,400 and fails to reclaim the broken structure, downside continuation remains the setup to watch.
🟢 Invalidation: A confirmed breakout and close above $84,400 would weaken the bearish structure and could bring further upside back into focus.
👀 Key level to watch: $84,400.
Technical setup only — confirmation is required. DYOR.
#TechnicalAnalysis #TradingSetup #CryptoTrading $BTC
$BTC USDT is showing bearish signs on the 1H timeframe after getting rejected near the highs and forming a potential rounding-top structure.
Price has broken below the previous ascending structure and is now trading beneath the key $84,400 seller zone, while holding above the $81,400 buyer zone.
📉 Bearish Scenario • 🔴 Resistance / Seller Zone: $84,400 • 🟢 Key Support / Buyer Zone: $81,400 • 🎯 TP1: $81,400 • 📉 Losing the buyer zone could expose deeper support levels
⚠️ As long as BTC remains below $84,400 and fails to reclaim the broken structure, downside continuation remains the setup to watch.
🟢 Invalidation: A confirmed breakout and close above $84,400 would weaken the bearish structure and could bring further upside back into focus.
👀 Key level to watch: $84,400.
Technical setup only — confirmation is required. DYOR.
#TechnicalAnalysis #TradingSetup #CryptoTrading $BTC
