#cryptotradingpro #Signal🚥.

📈 Bitcoin (BTC/USD) Technical Analysis - 4H Chart

📅 Market Status (06/07/2025):

Bitcoin is showing a clear bearish momentum after a significant drop.

🔑Key Takeaways:

1️⃣Overall Trend: After a period of growth in late May, BTC entered a clear downtrend, breaking through several important support levels.

2️⃣Recent Movements: On June 5, the price experienced a sharp decline, breaking the lower boundary of the descending channel. This indicates increased bearish pressure.

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🎚️Resistance Levels:

1️⃣The $104,500 - $105,500 area (previous support and broken trend lines) now acts as strong resistance. Any rise to this area is likely to meet resistance.

2️⃣The broken orange ascending trend line has also turned into resistance.

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📍Support Levels:

1️⃣The nearest key support is at $100,426 (recent low of June 6). A break below this level could open the way for further significant declines, possibly to the psychological $100,000 mark.

2️⃣Channel Breakdown: The price has broken out of the descending channel (red lines), signaling an acceleration of the downtrend or a failure of the previous pattern.

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📉 What this means for the trader:

🐻Bearish Sentiment: Bearish sentiment prevails. Further selling pressure should be expected.

📈📉Trading Opportunities:

1️⃣Short positions: Consider opening short positions on rebounds to the resistance level ($104,500 - $105,500) or on a confirmation of the $100,426 support level.

2️⃣Long positions: Currently high-risk. Will require clear reversal signals and price consolidation above key resistance levels.

3️⃣Risk Management: Be cautious due to high volatility. Set stop losses and carefully manage position sizes.