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JUST IN: ๐บ๐ธ President Trump says Fed Chair Jerome Powell "is a very stupid person."
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๐ BTC/USDT Quick Update โ Whatโs Coming Next? ๐ Timeframe: 4H | ๐ป Pattern: Descending Channel ๐ Structure Overview: Bitcoin is still trading inside a descending channel, which means itโs in a controlled downtrend. Price recently bounced sharply from the demand zone (99.5Kโ101.5K) and now testing the channelโs upper resistance zone (106Kโ107K). ๐ง Next Move? Two Scenarios: 1๏ธโฃ Breakout Above 107K โ If BTC breaks and closes above the channel, especially with strong volume, โ It could trigger a bullish breakout, pushing price towards 110K+ ๐ Short-term rally likely if breakout sustains. 2๏ธโฃ Rejection from 106Kโ107K โ If price gets rejected from this upper trendline, โ We may see another drop back to the 103Kโ101.5K support zone โ ๏ธ This will be a short-term bearish move, especially if BTC fails to hold 104K after rejection. * ๐ผ Resistance: 106,000 โ 107,000 * ๐ฝ Support: 100,000 โ 101,500 ๐ No Trade Zone Until Confirmation Avoid entering trades in between Either wait for a clean breakout or clear rejection candle from resistance ๐ข Market Reaction Expected Soon โ Stay alert for a breakout or strong sell candle #Binace #BTC
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Agree?? Yes โค๏ธ No ๐ฅบ #BTC #crypto
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Profitable traders in both situation #crypto #Binance #BTC
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4 Types Of Confirmation #crypto #Binance #btc
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Learn & Smile ๐ #crypto #BTC #Binance
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