$BTC has broken out of its channel pattern and is now trading above it — a potentially bullish signal. However, momentum is still unclear, and price action remains indecisive. A pullback toward the $65,000 level is still possible before any strong directional move.
$ETH moving back and forth of the key area, and now flips below the support, turning it into resistance. Now the chances are, price can pish further lower towards the $1680 - $1715 as support zone.
Entry Range $66,600 – $66,700 (Current price area or on a slight retest of the broken trendline) Take Profit (TP) $65,150 (Just above the major horizontal support) Stop Loss (SL) $67,400 (Above the recent swing high and the descending trendline)
📊 Charts are circulating on Twitter showing the completion of a Double Top pattern, with expectations that Bitcoin could decline to the $41,500 level. $BTC ⚠️ This scenario reflects a bearish technical outlook and remains only a potential analysis that may change with any new information entering the market.
$BTC is compressing near a key resistance zone. Liquidity is building. Funding rates are stable. Altcoins are cooling down. This usually means ONE thing 👇 A volatility expansion is coming. If BTC breaks above resistance → Expect momentum traders to jump in. If it rejects → Short-term correction possible. Smart traders don’t predict. They prepare. Are you positioned or waiting? 🔥 #Bitcoin #Crypto #BinanceSquare write ToEarn #BTC
Bitcoin is struggling to break above the resistance area. The price is nearing the support trendline, which needs to hold; otherwise, we may see another downward wave.
Bitcoin has reached the crucial support of $62,000 - $65,000 (in fact it is even smaller $64k - $65k).
Breakdown of this support will send us to $50,000 zone almost immediately.
As long as the support stays strong, we continue flat inside the $64,000 - $71,000 range. Meanwhile, some altcoins look relatively strong or at least… not that bad.
Good morning traders! Perfect execution on $BTC ✅ We swept liquidity from the low at $67,272 exactly as planned. I’ve closed my short position and locked in profits. Now waiting for price to form a range in this zone. Next plan: watch for a clear reversal pattern to enter long, targeting $74,000. Currently flat — no open positions. Staying patient.