๐๐ BTC/USD โ Calm Before the Storm? ๐๐
Bitcoin (BTC/USD) remains in a downtrend, forming LL - LH structures. Currently, itโs making a short-term bullish correction, approaching a key resistance zone. ๐ However, a strong sell-off could be just around the corner! ๐ฅ
๐ Expected Scenario:
๐น Price moves towards the SPLINE1, forming a channel โก
๐น Big players may start taking profits, triggering bearish momentum ๐จ
โ ๏ธ The market always surprises! Wait for confirmation signals before jumping in too early. Stay sharp! ๐ง
#BTCUSD #Bitcoin #CryptoTrading #Bearish #PriceAction ๐๐ฅ
Bitcoin (BTC/USD) remains in a downtrend, forming LL - LH structures. Currently, itโs making a short-term bullish correction, approaching a key resistance zone. ๐ However, a strong sell-off could be just around the corner! ๐ฅ
๐ Expected Scenario:
๐น Price moves towards the SPLINE1, forming a channel โก
๐น Big players may start taking profits, triggering bearish momentum ๐จ
โ ๏ธ The market always surprises! Wait for confirmation signals before jumping in too early. Stay sharp! ๐ง
#BTCUSD #Bitcoin #CryptoTrading #Bearish #PriceAction ๐๐ฅ
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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.