Bitcoin / TetherUS
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BTC Testing Major Resistance >>> Rejection Likely?

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Hi guys!

Did you see my last analysis about Btc? Let's break it down more!

Bitcoin is now testing a major resistance zone around $106.8K, where a descending trendline has already pushed the price down several times.

This area could act as a reversal point again. If BTC fails to break above, we might see a move down toward $102.2K — a strong support level from earlier this month.

Right now, the market is showing signs of weakness near resistance, so this could be a good spot to watch for a short setup — unless bulls step in with strong volume and break out cleanly.

attention to these levels:


  • Resistance: $106.8K (trendline + supply zone)
  • Support target: $102.2K
  • Outlook: Bearish unless breakout confirmed
交易結束:達到停損點
However, the reaction to the blue area could happen,n but the breakout was strong!

快照
註釋
After the breakout, it was the analysis that hit the target!

Bitcoin Breaks Out: Bullish Momentum Builds Above Key Levels

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