#BTCUSDT #BTC đ BTCUSDT Market Analysis (1H Timeframe)
Bitcoin is currently showing a bearish structure on the 1-hour chart. Price is making lower highs and lower lows, which means sellers are still stronger in the short term.
đ RSI is near the 40 level, showing weak momentum but not oversold yet. This means price can still move down before a possible reversal.
đ” Price is now approaching a support (demand) zone. This area is important because buyers may enter here.
đĄ Trade idea for beginners: Wait for confirmation before entering a trade.
If price shows strong bullish candles from the support zone â consider an UP trade. If price breaks the support zone with strong bearish candles â consider a DOWN trade.
â ïž Always manage risk and avoid trading without confirmation.
Patience + Discipline = Better trading decisions đ