$BTC 🚨: Next Move Analysis & Potential Trade Opportunity! 🚀
Bitcoin is currently consolidating within a "Descending Triangle" pattern. Previously we saw a nice bounce when the price touched the lower boundary of this pattern, specifically between $101,400 to $100,380, propelling it towards resistance. 💪
However, $BTC recently faced rejection from the pattern's trendline, leading to a dump. We're now heading back towards that crucial support zone at $101,400 to $100,380. 📉
Currently trading above $103,000, we anticipate more downside. For a confirmed bullish reversal and a solid long entry, keep an eye out for a retest of this support zone again at $101,400 to $100,380. This could be your golden opportunity! 💰
Our Targets 🎯:
* $105,300
* $106,800
* $108,000
That's my current read on the #BTC chart! 📈 Keep a close eye on it and trade wisely! 🧐