BTCUSDT.P BTC is trying to break above this trendline, however it's facing rejection, and a rejection plus a candle close means more downside expected!
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BTCUSDT.P BTC is trying to break above this trendline, however it's facing rejection, and a rejection plus a candle close means more downside expected!
BTCUSDT Bitcoin is testing key support levels. Watch for a hold at around 91,660 for a potential buying opportunity. A break below could lead to further declines towards 85,320.
⚡ BTCUSDT 4H ANALYSIS – RISING WEDGE WARNING ⚡
🪙 BTCUSDT | 4 Hour Chart
📌 Current Price: ~$86,760
💡 What We See on the Chart
Bitcoin is currently moving inside a rising wedge, which is a pattern that usually leads to a breakdown if buyers lose strength.
Right now BTC is trading above all major EMAs, which shows short-term bullish momentum. But we must stay alert because rising wedges often trap traders right before a sharp move.
The chart clearly shows BTC pushing up from the demand zone around $84,700, and buyers defending that level strongly. But price is now hitting resistance near the wedge top and showing signs of slowing down.
Until BTC breaks cleanly above the wedge with strong volume, upside will remain limited.
If the wedge breaks down, the next move is usually fast and deep.
📊 Key Technical Insights
🔹 Pattern: Rising Wedge
This is typically a bearish pattern. Price climbs inside a narrowing structure until buyers become weak and sellers step in.
A breakdown from this wedge often leads to a strong dump.
🔹 EMAs
BTC is currently above EMA 9, 21, 50 and 100 on the 4H.
This shows temporary strength, but remember, rising wedges often break down even when EMAs are bullish short-term.
🔹 Support Zone:
$84,700 to $85,500
If BTC breaks the wedge and closes below this zone, expect heavy selling pressure.
🔹 Resistance Zone:
$88,900 to $92,900
This region holds major liquidity and previous rejection levels.
🧠 My View as a Trader
BTC is trying to recover but the rising wedge warns us to stay careful.
This structure often breaks down, especially when price touches key EMAs and loses momentum.
If BTC fails to break above $89,000 to $89,800, we could see sellers step in again.
A breakdown below the wedge trendline will open the door for a deeper pullback toward $83,000 then $81,500 liquidity.
But as long as BTC holds above $84,700, the short-term recovery can continue.
Trade smart, not emotional.
This is a zone where patience pays.
✅ Summary for VIPs
• Pattern is a rising wedge which is usually bearish
• BTC is above all EMAs, showing short-term strength
• Break below wedge = sharp dump likely
• Key support: $84,700
• Key resistance: $88,900 to $92,900
• Watch for fakeouts as liquidity hunts are common
Stay ready, stay alert, stay smart 🔥
🪙 BTCUSDT | 4 Hour Chart
📌 Current Price: ~$86,760
💡 What We See on the Chart
Bitcoin is currently moving inside a rising wedge, which is a pattern that usually leads to a breakdown if buyers lose strength.
Right now BTC is trading above all major EMAs, which shows short-term bullish momentum. But we must stay alert because rising wedges often trap traders right before a sharp move.
The chart clearly shows BTC pushing up from the demand zone around $84,700, and buyers defending that level strongly. But price is now hitting resistance near the wedge top and showing signs of slowing down.
Until BTC breaks cleanly above the wedge with strong volume, upside will remain limited.
If the wedge breaks down, the next move is usually fast and deep.
📊 Key Technical Insights
🔹 Pattern: Rising Wedge
This is typically a bearish pattern. Price climbs inside a narrowing structure until buyers become weak and sellers step in.
A breakdown from this wedge often leads to a strong dump.
🔹 EMAs
BTC is currently above EMA 9, 21, 50 and 100 on the 4H.
This shows temporary strength, but remember, rising wedges often break down even when EMAs are bullish short-term.
🔹 Support Zone:
$84,700 to $85,500
If BTC breaks the wedge and closes below this zone, expect heavy selling pressure.
🔹 Resistance Zone:
$88,900 to $92,900
This region holds major liquidity and previous rejection levels.
🧠 My View as a Trader
BTC is trying to recover but the rising wedge warns us to stay careful.
This structure often breaks down, especially when price touches key EMAs and loses momentum.
If BTC fails to break above $89,000 to $89,800, we could see sellers step in again.
A breakdown below the wedge trendline will open the door for a deeper pullback toward $83,000 then $81,500 liquidity.
But as long as BTC holds above $84,700, the short-term recovery can continue.
Trade smart, not emotional.
This is a zone where patience pays.
✅ Summary for VIPs
• Pattern is a rising wedge which is usually bearish
• BTC is above all EMAs, showing short-term strength
• Break below wedge = sharp dump likely
• Key support: $84,700
• Key resistance: $88,900 to $92,900
• Watch for fakeouts as liquidity hunts are common
Stay ready, stay alert, stay smart 🔥
BTCUSDT $90k in next 24 hours is coming. Get ready
BTCUSDT btc ready to pump to ATH 🚀👍📊 BITCOIN WEEKLY CHART UPDATE
BTC is holding just above the 100 EMA, currently around the $85,000–$87,000 region, even after a strong bearish crossover on the MACD.
🔸 RSI is now deeply oversold near 32, which shows exhaustion from the selling pressure and could signal a short-term relief bounce if this level holds.
🔸 A weekly candle close above the 100 EMA will be key. It could trigger a bounce toward lower time frame resistances, but this move would likely remain a short-term reaction, not a full reversal yet.
🔸 The main resistance zone remains around $100,000, where the 50 EMA sits. Until BTC reclaims this level with strong volume, the overall bias stays bearish. Any rally into that zone can still be considered a pullback within a larger correction.
In summary, BTC is at an important inflection point.
Hold above $85K–$87K = possible relief bounce.
Fail to hold = further downside pressure.
BTC is holding just above the 100 EMA, currently around the $85,000–$87,000 region, even after a strong bearish crossover on the MACD.
🔸 RSI is now deeply oversold near 32, which shows exhaustion from the selling pressure and could signal a short-term relief bounce if this level holds.
🔸 A weekly candle close above the 100 EMA will be key. It could trigger a bounce toward lower time frame resistances, but this move would likely remain a short-term reaction, not a full reversal yet.
🔸 The main resistance zone remains around $100,000, where the 50 EMA sits. Until BTC reclaims this level with strong volume, the overall bias stays bearish. Any rally into that zone can still be considered a pullback within a larger correction.
In summary, BTC is at an important inflection point.
Hold above $85K–$87K = possible relief bounce.
Fail to hold = further downside pressure.
BTCUSDT good entry for short
BTCUSDT MARKET UPDATE:BTC is perfectly breaking the ascending triangle and now testing the key resistance level near 87-89k. A break above this level will confirm bullish momentum to the next key level at 94-97k.
Market is waking up. Stay Focused and Sharp
BTCUSDT Hi everyone, when you see a lot of bears here, it can actually be a bottom signal. The bottom could be around 80K or even 74K. Please avoid trading futures — just buy, HODL, and be patient.
BTCUSDT.P Signs of Bearish Divergence on the hourly time frame - This may come down to revisit 82k soon