BTC/USDT Techincal analysis...Bearish outlook
MY analysis presents a well-structured bearish outlook for BTC/USDT. The descending wedge and lower highs signal weakening bullish momentum, and a break below the ascending trendline could lead to further downside pressure.
A few key considerations:
Support & Demand Zones: If BTC breaks below the trendline, the $80,000 - $81,000 zone could act as strong demand. Below that, watch for $77,000 - $78,000 as the next potential support.
Volume & Momentum Indicators: Declining volume on bounces and a bearish MACD/RSI divergence would further confirm weakness.
Liquidity & Market Sentiment: Are there large buy orders in the 80K region that could trigger a reversal?
A bullish breakout above 90K would invalidate the bearish setup and could lead to a retest of recent highs.
Are you also considering any macroeconomic factors or news catalysts that might impact BTC’s movement?
Please like and leave a comment here and you can check the fundamental analysis: btc_tradingview
A few key considerations:
Support & Demand Zones: If BTC breaks below the trendline, the $80,000 - $81,000 zone could act as strong demand. Below that, watch for $77,000 - $78,000 as the next potential support.
Volume & Momentum Indicators: Declining volume on bounces and a bearish MACD/RSI divergence would further confirm weakness.
Liquidity & Market Sentiment: Are there large buy orders in the 80K region that could trigger a reversal?
A bullish breakout above 90K would invalidate the bearish setup and could lead to a retest of recent highs.
Are you also considering any macroeconomic factors or news catalysts that might impact BTC’s movement?
Please like and leave a comment here and you can check the fundamental analysis: btc_tradingview
Trade active
active trade from 86.200Note
bitcoin bearish start runing 60 pips keep hold in sell posotion
Note
📈 bitcoin Trade Update 📈
✅ sell Entry: 86.200
🎯 Take Profit:84.500.,170 pips✅ (Successfully Reached!)
profit running start
keep hold in sell position
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📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.