BTC Price Action Heating Up – Breakout Pattern Forming!

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Technical Analysis Of BTC/USD

Bitcoin Technical Analysis – 4H Chart

🔻 Downward Trendline Pressure
Bitcoin has been consistently rejected from the downward trendline (highlighted in orange circles), showing strong bearish resistance in recent months.

🔄 Consolidation Near Breakout Zone

Price is currently consolidating just below the key resistance area and trendline. A breakout from this level could trigger a strong bullish move.

📉 Support Levels Holding
The price is forming higher lows and respecting the support zone, indicating buyers are stepping in on dips.

🔼 Breakout Watch
If BTC can decisively break above the red resistance area and the descending trendline, we may see a rapid move toward the target zone around $98,000–$100,000.

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Giao dịch đang hoạt động

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Ghi chú

Trade running in good profit

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trade running 350 pips+ profits

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price at resistance level, we can see more upside bitcoin after breakout resistance area.

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achieved 600 pips+

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congrats price touched 93k$

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