Bitcoin
Short
Updated

Bitcoin at Critical Supply Zone – Breakout or Reversal?

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This Bitcoin (BTC/USD) price chart on the 1-hour timeframe highlights key supply and demand zones, along with a breakout scenario. The price is currently testing the supply zone, where a potential reversal is anticipated. If a breakout occurs, the price could move downward, targeting $80,500 and $79,500 as potential levels. A trend line supports previous bullish momentum, but a shift in market structure could trigger a decline


Note:
This is not a trading signal, just my personal analysis based on current market trends.
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