Technical analysis by AngleHunter about Symbol BTC on 6/4/2025

This chart illustrates a potential Head and Shoulders pattern, signaling a possible trend reversal on the 1H Bitcoin/USD timeframe. The price is currently compressing within a falling wedge, and the right shoulder has recently completed.Key highlights:Head & Shoulders pattern: Suggests a bearish reversal if neckline breaks.Price inside falling wedge: Could act as a short-term consolidation structure before a breakout.Demand zones:102,965 – 102,602107,000 – 101,73797,350 – 97,083Scenarios:Bullish breakout of the wedge may invalidate the head & shoulders and trigger upside continuation.Bearish breakdown below neckline and demand zones could open deeper retracements.This setup offers a clear "wait-for-confirmation" strategy before entering long or short, based on price reaction at key levels.If this Head & Shoulders plays out... oh boy 😏We’re diving straight into those demand zones.Next stops?🔻 102,600🔻 101,700🔻 97,000 (ultimate trap zone)But hey — break the wedge to the upside and bulls might flip the script.Let’s see who wins 🔥📉📈#Bitcoin #BTC #HeadAndShoulders #CryptoAnalysis