Technical analysis by behdark about Symbol BTC on 3 hour ago

This analysis is an update of the analysis you see in the "Related publications" section Read the analysis carefully Given the loss of the trendline, Bitcoin stalling, and decreasing momentum, the previous Bitcoin analysis needed to be updated. If Bitcoin fails to make a valid breakout above the yellow line at $116,520 and does not sustain above it, a bearish scenario will emerge, and the price will drop significantly A bullish outlook toward the supply zone shown on the chart above is only valid if Bitcoin executes a confirmed breakout above $116,520. So stay alert and follow the chart closely. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You