Bitcoin
Short
Updated

BTC/USD 1H CHART PATTERN

464
BTC/USD is currently facing strong resistance around the $84,000 level. If the price fails to break and hold above this zone, it may signal weakening bullish momentum. A stabilization below $84,000 increases the likelihood of a downward move, with the next target around $77,000. This level could act as key support, and a drop toward it may indicate a short-term bearish trend. However, if BTC manages to break above $84,000 with strong volume, it could resume its upward momentum. Until then, price action below resistance suggests caution, as bearish pressure may start building in the coming sessions.
Trade active
Bitcoin touch 84000 from 81000
Now Sell target active
Note
Keep hold in position
Trade closed: target reached
close bitcoin trade
Note
close

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.