Hey Traders!
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver!
Bitcoin has broken down from the ascending triangle and lost key trendline support. 📉
The recent fakeout above resistance has now turned into a strong bearish move.
🔻 Market Structure Update:
• Triangle breakdown confirmed ✅
• Lower highs forming
• Selling pressure increasing
📊 What’s next?
If this breakdown sustains, BTC is likely heading towards the $60K → $56K support zone.
⚠️ Any weak bounce may act as a retest of breakdown zone before further downside.
💡 No bullish confirmation unless price reclaims the lost structure.
What’s your view on this?
Share your thoughts in the comments below 👇
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver!
Bitcoin has broken down from the ascending triangle and lost key trendline support. 📉
The recent fakeout above resistance has now turned into a strong bearish move.
🔻 Market Structure Update:
• Triangle breakdown confirmed ✅
• Lower highs forming
• Selling pressure increasing
📊 What’s next?
If this breakdown sustains, BTC is likely heading towards the $60K → $56K support zone.
⚠️ Any weak bounce may act as a retest of breakdown zone before further downside.
💡 No bullish confirmation unless price reclaims the lost structure.
What’s your view on this?
Share your thoughts in the comments below 👇
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.