🚨 Bitcoin Breakdown Ahead – Here’s What the Charts Are Screaming 📉
This is my personal take, straight from the charts and trading desk: Bitcoin is showing serious weakness, and I believe a sharp correction is likely. The warning signs aren’t subtle—they’re loud and clear. Here’s what I’m seeing across key timeframes:
🕯️ Candlestick Structure Across All Timeframes:
🔸 Weekly Chart:
We’re printing a clean Evening Star pattern right at major macro resistance. This is a textbook bearish reversal signal. Momentum is fading, and in setups like this, it rarely ends in sideways chop—it usually breaks lower.
🔸 Daily Chart:
This isn’t healthy consolidation—it’s stalling. We’re getting clusters of doji and spinning tops at the highs, and now a bearish engulfing candle is closing the deal. Buyers are running out of steam.
🔸 4H / 1H Charts:
Bearish divergence is popping up everywhere—price creeping up while RSI and MACD are turning down. Add in declining volume on green candles and heavy sell volume on reds? That’s distribution, not accumulation.
📊 Volume Doesn’t Lie:
Volume confirms it all. Green candles are thinning out, while red candles are thick and frequent.
