#BTCBelow80K BTC 4H Chart Trade Setup:

Spotted an interesting structure forming on the 4H chart for $BTCUSDT:

• Bearish Black Swan Pattern completed at Point D around 82.5K, followed by a sharp drop to 78.8K.

• Double Top confirmed near the same resistance zone, signaling a strong rejection and potential trend reversal.

• Trend Analysis:

• 50 bars: -7° (Sideways)

• 100 bars: -11° (Downtrend)

• 150 & 200 bars: Still sideways but turning bearish

• Descending Resistance Line remains unbroken, with a strong sell-off from the 88K region (-11.67%).

Current Price: 78,803.4 USDT

Short-Term Bias: Bearish unless price reclaims above 80.5K and confirms.

Key Levels:

• Resistance: 82.5K – 88K

• Support: 77K – 76K (possible bounce zone)

Trade Idea:

Watch for either:

1. A relief bounce from current levels (78K zone), targeting 80.5K

2. Breakdown below 77K could accelerate towards 75K or lower.

Risk management is key — always use stop-loss orders$BTC