💎 $BTC Analysis [1H] 🔴

#BTC is currently battling a multi-day descending trendline on the 1H timeframe after a sustained bearish correction. The recent sweep of the $66,000 level found immediate demand, leading to a compression phase just below the primary diagonal resistance. As long as price consolidates and flips the $68,000 level into support, a relief rally toward the $72,000 supply zone is the high-probability play. A rejection here followed by a clean break below $66,000 would invalidate the setup.

🔑 Key Levels:

🧱 Resistance: 68000, 72000

🍏 Support: 66000, 62000

#Crypto #Trading $BTC

Not financial advice. DYOR.