Technical analysis by Mr_Expert7- about Symbol BTC on 4/30/2025

Here's the analysis of the BTCUSD (Bitcoin to USD) chart from Bitstamp, using a 45-minute Line Break [3] chart:---Key Observations:1. Chart Type:This is a Line Break [3] chart, which filters out small price fluctuations.It only forms a new line when price breaks the high or low of the previous three lines, offering a clearer trend view.2. Current Price Levels:Price: Around 93,848 USDSell Price: 94,537 USDBuy Price: 94,543 USD3. Structure & Zones:Resistance Zone (orange shaded): Around 94,556 to 95,324 USD.Support Zone (yellow shaded): Around 84,000 to 88,000 USD.Price recently rejected the resistance area and is showing a downward movement.4. Bearish Breakdown Indicated:The blue arrow suggests a potential drop to the lower support zone.The horizontal blue line at around 94,556 could have acted as previous support, now turned resistance.---Trading Insight:Bias: Bearish unless price reclaims and holds above 95,324 USD.Entry Idea: Short below 93,800–94,000 USDTarget: 88,000–84,000 USD zoneStop-loss: Above 95,300 USDWould you like me to help you create a full trade setup or backtest a similar pattern?