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Bitcoin Urgent market Update about Rejection

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Bitcoin Perpetual futures, quoted,settled & margined in Tether (DELTA:BTCUSDT.P)  
CryptoPatel  
DELTA:BTCUSDT.P   Bitcoin Perpetual futures, quoted,settled & margined in Tether
Trend Analysis Harmonic Patterns Chart Patterns BTC BTCUSDT Bitcoin (Cryptocurrency) breakout bullflags binance memecoins solana Contains image
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BTC/USDT Urgent Analysis

➡️ Current Situation:
BTC has faced rejection at a higher high (HH) and is testing the resistance trendline (TL).

➡️ Bearish Scenario:
There’s a possibility that BTC may retest the $57,000 range.

➡️ Key Levels to Watch:

- $64,500: Crucial level! Breaking above this indicates a bullish move towards $100K.
- $65,540: Place your stop loss here if you have open short positions (avoid high leverage).
- $67,300: The last HH level. If BTC breaks this, the HH/HL pattern is invalidated, signaling a bullish rally towards $100K.

Stay alert and manage your positions carefully!
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