BTCUSD - 1H another fall

On the BTC/USD 1-hour chart, Bitcoin faces resistance around $70,200 and may pull back to hunt stops below the recent low of $68,300. This suggests a potential short-term decline before any further upward movement.

Note

As predicted, Bitcoin in the 1-hour timeframe reached the resistance zone outlined in my previous analysis. After touching this critical zone, it followed the anticipated pattern and is now showing signs of a decline.

Note

🎉 Congratulations, everyone! 🎉 Our analysis for Bitcoin (BTC/USD) has played out beautifully! As predicted, BTC reached the resistance zone around $70,300 and has started its decline, breaking out of the ascending channel. 📉 🥳 Great job following the plan and stay tuned for more accurate calls like this! 🚀

Sober_Trading

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Sober_Trading

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