FenzoFx—Bitcoin sold off early in the week, now trading near $112,670.00. A high-volume 4-hour candle tapped the bullish FVG and ended with a wick, suggesting partial profit-taking by bears.
The short-term trend remains bearish due to displacement below $115,132.00 and active bearish FVGs. BTC/USD may consolidate near resistance before resuming its downtrend. If price rises toward the low-volume node near $115,132.00 and holds bearish momentum, it could target the equal lows at $107,507.00.
The bearish outlook is invalidated if BTC/USD closes above the breaker block at $116,194.00.
The short-term trend remains bearish due to displacement below $115,132.00 and active bearish FVGs. BTC/USD may consolidate near resistance before resuming its downtrend. If price rises toward the low-volume node near $115,132.00 and holds bearish momentum, it could target the equal lows at $107,507.00.
The bearish outlook is invalidated if BTC/USD closes above the breaker block at $116,194.00.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.