u/CRYPPTOMOJO_TV

BTC short-term update !!
▲ 9 r/technicalanalysis+1 crossposts

BTC short-term update !!

$BTC

Price is currently compressing inside a triangle structure just below a key resistance zone. You can see multiple rejections from this area, showing sellers are active here, but at the same time, higher lows indicate buyers are still stepping in.

There is a clear liquidity cluster resting above this resistance, which often acts as a magnet for price. Markets tend to move toward these zones before any major reaction.

If price breaks out of this compression to the upside, a move into that liquidity zone becomes highly likely. However, rejection from resistance again could keep the price ranging or push it lower in the short term.

u/CRYPPTOMOJO_TV — 7 hours ago
🔥 Hot ▲ 104 r/technicalanalysis+1 crossposts

BTC UPDATE !

$BTC

Clean rejection right from the trendline resistance, and you can clearly see the weakness in price after the tap. Momentum is fading here, and buyers don’t look strong enough to push it higher.

This could be the start of the downside move we’ve been waiting for. Let’s see how price reacts from here.

What are your thoughts on this setup?

u/CRYPPTOMOJO_TV — 1 day ago

BTC Rejection Zone Hit 👀

$BTC Rejection Zone Hit 👀

Price has pushed into a major confluence zone, descending trendline, and dynamic resistance.

The move up looks corrective inside a rising channel, not a strong breakout.This area is clearly acting as resistance, and the price is already showing hesitation here.

Structure remains bearish overall

Expecting rejection from this zone with a move back toward $72K–$68K.

Not a place to chase longs, downside looks more likely from here.

Comment your views below 👇

DYOR, NFA

#Bitcoin

u/CRYPPTOMOJO_TV — 3 days ago

BTC Update – Simple View

BTC Update – Simple View

Guys, BTC is still trading below this descending trendline, and that’s the key level right now.

Last time, we saw a distribution phase of around 69 days, and after that, the price broke support and dropped. Right now, we are seeing a similar structure again, and it has already been around 71 days of distribution, but we still haven’t seen any clear breakout or breakdown.

Until we break and hold above this trendline, I’m still bearish on BTC.

Commit your views below 👇

u/CRYPPTOMOJO_TV — 4 days ago