The current price action of Bitcoin (BTC/USDT) shows a sustained bearish trend within a well-defined descending channel. Following a temporary bullish correction in the form of a rising channel, the price faced strong resistance around the $107,000–$110,500 supply zone and is now showing signs of a bearish breakout.
📉 Key Technical Observations:
A clear rejection from the upper resistance zone has led to a breakdown below the rising correction channel.
Immediate support zones are identified around $99,600 (TP1) and $94,300 (TP2), where price may potentially stabilize or bounce.
The bearish momentum remains dominant unless a strong reversal above $107,000 occurs.
📌 Scenarios to Watch:
Bearish Scenario: Price could continue falling toward TP1 and possibly TP2 if momentum holds and no strong reversal signals appear.
Bullish Reversal Scenario: A bounce from support levels with higher lows and a break above $107,000 could signal the beginning of a new bullish phase.
🔔 Disclaimer:
This analysis is intended for educational and informational purposes only. It is not financial advice. Please conduct your own research and risk assessment before making any trading decisions.
📉 Key Technical Observations:
A clear rejection from the upper resistance zone has led to a breakdown below the rising correction channel.
Immediate support zones are identified around $99,600 (TP1) and $94,300 (TP2), where price may potentially stabilize or bounce.
The bearish momentum remains dominant unless a strong reversal above $107,000 occurs.
📌 Scenarios to Watch:
Bearish Scenario: Price could continue falling toward TP1 and possibly TP2 if momentum holds and no strong reversal signals appear.
Bullish Reversal Scenario: A bounce from support levels with higher lows and a break above $107,000 could signal the beginning of a new bullish phase.
🔔 Disclaimer:
This analysis is intended for educational and informational purposes only. It is not financial advice. Please conduct your own research and risk assessment before making any trading decisions.
交易結束：目標達成
TP!
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。