Bitcoin
Short

BTCUSD ANALYSIS

126
🚨 BTCUSD Technical Update! 🚨

Traders, pay close attention! 👀
Here’s what the latest 1H chart is showing us:

🔹 Bitcoin is consolidating around 94,700–94,800
🔹 Potential double top structure forming near the 95,600–95,750 zone — MAJOR resistance ahead!
🔹 If Bitcoin fails to break and sustain above this resistance, we could see a sharp drop towards the first support at 94,383 🔻
🔹 A break below 94,000 could accelerate selling pressure — next downside target near 93,500! 🎯

âš¡ Plan your trades smartly!
⚡ Wait for confirmations — either breakout or rejection from the resistance zone!

🔥 Volatility Incoming! Stay Alert and Manage Risk Wisely! 🔥

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.