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Profitable traders in both situation
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📊 BTC/USDT Quick Update – What’s Coming Next? 🕐 Timeframe: 4H | 🔻 Pattern: Descending Channel 📉 Structure Overview: Bitcoin is still trading inside a descending channel, which means it’s in a controlled downtrend. Price recently bounced sharply from the demand zone (99.5K–101.5K) and now testing the channel’s upper resistance zone (106K–107K). 🧠 Next Move? Two Scenarios: 1️⃣ Breakout Above 107K → If BTC breaks and closes above the channel, especially with strong volume, → It could trigger a bullish breakout, pushing price towards 110K+ 🚀 Short-term rally likely if breakout sustains. 2️⃣ Rejection from 106K–107K → If price gets rejected from this upper trendline, → We may see another drop back to the 103K–101.5K support zone ⚠️ This will be a short-term bearish move, especially if BTC fails to hold 104K after rejection. * 🔼 Resistance: 106,000 – 107,000 * 🔽 Support: 100,000 – 101,500 🛑 No Trade Zone Until Confirmation Avoid entering trades in between Either wait for a clean breakout or clear rejection candle from resistance 📢 Market Reaction Expected Soon – Stay alert for a breakout or strong sell candle #Binace #BTC

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4 Types Of Confirmation #crypto #Binance #btc

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Learn & Smile 😃 #crypto #BTC #Binance

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