๐ฅ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฎ๐ ๐ฎ ๐ ๐ฎ๐ธ๐ฒ-๐ผ๐ฟ-๐๐ฟ๐ฒ๐ฎ๐ธ ๐ฃ๐ผ๐ถ๐ป๐: ๐๐ ๐๐ต๐ฒ ๐ก๐ฒ๐ ๐ ๐๐ถ๐ด ๐ ๐ผ๐๐ฒ ๐๐ผ๐ฎ๐ฑ๐ถ๐ป๐ด? โBitcoin is once again testing a critical structure on the chart, and price action is signaling that a major move is approaching. After attempting to break above a strong horizontal supply zone, BTC faced rejection and is now trading back inside the Ichimoku Cloud on the 6-hour timeframe. โ โThis cloud zone is currently acting as dynamic support, helping price stabilize despite the recent pullback. Combined with the ascending triangle pattern forming below, Bitcoin is clearly compressingโbuilding pressure for a decisive breakout or breakdown. โ โThe key area to watch remains the horizontal supply zone. A clean breakout above it would confirm bullish continuation, potentially unlocking the next major leg upward. On the other hand, a breakdown below the triangleโs rising support trendline would signal bearish control and open room for deeper correction. โ โFor now, traders should stay patient and wait for a clear confirmation. Momentum is building, and whichever way Bitcoin breaks next will likely set the tone for the coming days. โ โ$BTC #FedRateCutComing
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
โBold (sans):
๐ฅ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฎ๐ ๐ฎ ๐ ๐ฎ๐ธ๐ฒ-๐ผ๐ฟ-๐๐ฟ๐ฒ๐ฎ๐ธ ๐ฃ๐ผ๐ถ๐ป๐: ๐๐ ๐๐ต๐ฒ ๐ก๐ฒ๐ ๐ ๐๐ถ๐ด ๐ ๐ผ๐๐ฒ ๐๐ผ๐ฎ๐ฑ๐ถ๐ป๐ด?
โBitcoin is once again testing a critical structure on the chart, and price action is signaling that a major move is approaching. After attempting to break above a strong horizontal supply zone, BTC faced rejection and is now trading back inside the Ichimoku Cloud on the 6-hour timeframe.
โ
โThis cloud zone is currently acting as dynamic support, helping price stabilize despite the recent pullback. Combined with the ascending triangle pattern forming below, Bitcoin is clearly compressingโbuilding pressure for a decisive breakout or breakdown.
โ
โThe key area to watch remains the horizontal supply zone. A clean breakout above it would confirm bullish continuation, potentially unlocking the next major leg upward. On the other hand, a breakdown below the triangleโs rising support trendline would signal bearish control and open room for deeper correction.
โ
โFor now, traders should stay patient and wait for a clear confirmation. Momentum is building, and whichever way Bitcoin breaks next will likely set the tone for the coming days.
โ
โ$BTC
#FedRateCutComing