Bitcoin is nearing its ascending trendline support, a pivotal level for trend continuation. The next move will depend on whether BTC holds or breaks this zone.
📊 Market Structure Update
BTC is testing a well-defined trendline that has acted as support in previous moves.
A reaction here could dictate the next major price shift.
🔎 What’s Next?
A strong bounce could signal continuation, while a breakdown may lead to deeper retracement.
Watch for volume confirmation and reaction at this level.
With BTC at this key inflection point, how are you positioning?
📊 Market Structure Update
BTC is testing a well-defined trendline that has acted as support in previous moves.
A reaction here could dictate the next major price shift.
🔎 What’s Next?
A strong bounce could signal continuation, while a breakdown may lead to deeper retracement.
Watch for volume confirmation and reaction at this level.
With BTC at this key inflection point, how are you positioning?
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Join me on Telegram: t.me/coin_mastermind
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.
I share more in my court
Join me on X: x.com/Coin_Mastermind
Join me on Telegram: t.me/coin_mastermind
Join me on X: x.com/Coin_Mastermind
Join me on Telegram: t.me/coin_mastermind
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.