Bitcoin/TetherShort
Bitcoin 2H SMC Chart Analysis: Bearish Outlook
Bitcoin 2H Chart Analysis: Bearish Outlook
Currently, Bitcoin is forming a Lower Low (LL) and Lower High (LH) pattern, signaling a potential bearish trend in the short-term. Key support levels to watch are around $88,000 and $85,000.
📉 Next Targets: $88,000 → $85,000
🚫 Critical Level: A 2H close above $101,000 would invalidate this bearish outlook.
Note: If Bitcoin holds below $100,000, expect a possible decline to $85,000.
Remember, always set your stop losses to protect your funds in case the trend shifts.
Currently, Bitcoin is forming a Lower Low (LL) and Lower High (LH) pattern, signaling a potential bearish trend in the short-term. Key support levels to watch are around $88,000 and $85,000.
📉 Next Targets: $88,000 → $85,000
🚫 Critical Level: A 2H close above $101,000 would invalidate this bearish outlook.
Note: If Bitcoin holds below $100,000, expect a possible decline to $85,000.
Remember, always set your stop losses to protect your funds in case the trend shifts.
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