BTC is maintaining a clear bearish trend on the higher timeframes. Price keeps forming lower highs and lower lows, confirming seller momentum. As long as BTC stays below 103,800 any bounce is likely just a pullback into supply before continuing downward.
Resistance / Supply
103,800
106,700
111,100
Support / Targets
99,800 broken
96,000
94,000 to 92,000 liquidity zone
Direction
Bearish toward the lower liquidity areas unless price reclaims the structure.
Resistance / Supply
103,800
106,700
111,100
Support / Targets
99,800 broken
96,000
94,000 to 92,000 liquidity zone
Direction
Bearish toward the lower liquidity areas unless price reclaims the structure.
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.
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.