BTC attempted to break above the lower resistance zone and the descending channel, but failed to sustain momentum. ⚠️
📉 If rejection continues from this level, we could see a move towards the lower side of the channel, where multiple support zones await around:
$114,700
$112,000
$110,400
This will be a key area to watch for potential bounce setups or further breakdown confirmation.
🔎 Stay cautious — until BTC reclaims and holds above $116,700–117,300, downside pressure remains in control.
📉 If rejection continues from this level, we could see a move towards the lower side of the channel, where multiple support zones await around:
$114,700
$112,000
$110,400
This will be a key area to watch for potential bounce setups or further breakdown confirmation.
🔎 Stay cautious — until BTC reclaims and holds above $116,700–117,300, downside pressure remains in control.
Operación activa
BTC delivered the move! 📉As highlighted in the last post, rejection at the $116.7K–$117.4K resistance and channel top led to a sharp drop. Today’s chart shows price flushing straight through support levels, validating our bearish alert.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.