Bitcoin

BTC (1 HR) MEGAPHONE STRUCTURE

108
March 29, 2025 - The Bitcoin price on the smaller time frame is looking precarious. A drop below 83K will break the structure of the megaphone....a bearish signal w/ an imminent price drop likely. However, a relatively small spring back off the red down sloping demand line give the bulls a small slither of hope for a rebound. Safe to say, I will not be making any shorts or longs with this price action......

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.