Bitcoin (BTCUSD) is currently moving within a well-defined market structure on the higher timeframe, showing clear reactions from major support and resistance zones. The price action indicates a broader bearish trend controlled by a descending trendline, where lower highs are consistently forming, confirming seller dominance in the market.
At the same time, the market is approaching critical liquidity areas where strong reactions are expected. The 87,000 resistance zone remains a key decision point for the next bullish continuation. A strong breakout and daily close above this level could trigger momentum toward higher resistance targets and potentially shift the overall market sentiment.
On the downside, price continues to respect lower support regions, where buyers are attempting to defend structure and form a potential base for reversal. However, until a clear breakout above the trendline and resistance zones occurs, the market remains in corrective/bearish control.
Traders should focus on structure breaks, trendline confirmations, and liquidity grabs for high-probability entries. Patience is required as BTC approaches critical zones that will decide the next major move.
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t.me/+HstI692sUGw0ZmRk
✅ MY FREE SIGNALS CHANNEL
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✅ FOREX BROKER USED
t.me/+pg7FHDH9Zl40MGJk
✅ MY FREE SIGNALS CHANNEL
✅ PERSONAL TELEGRAM
✅ FOREX BROKER USED
t.me/+pg7FHDH9Zl40MGJk
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.