Bitcoin Coiling for a Breakout – Big Move Incoming!Bitcoin / TetherUSBINANCE:BTCUSDTFrankAgboBitcoin is currently compressing under a **descending trendline**, signaling a potential **explosive breakout move**. --- ### 🧠 **Market Structure** * Trend: **Bearish → Consolidation** * Price action: **Tight range forming** * Key signal: **Lower highs + compression** --- ### 📍 **Key Levels** * Resistance: **75,900** * Major resistance: **84,000** * Support: **69,300** * Strong support: **62,600** --- ### 🚀 **Bullish Scenario** If price **breaks above the trendline**: * First move → **75,900** * Continuation → **84,000** This aligns with a **breakout expansion setup** (as shown on your chart). --- ### 📉 **Bearish Scenario** If price **fails to break and rejects**: * Drop toward **69,300** * Possible continuation to **62,600 liquidity zone** --- ### ⚖️ **Trade Idea** * Entry: **Breakout or pullback entry** * SL: **Below 62,600** * TP: **75,900 → 84,000** --- ### 💡 **Conclusion** This is a **compression phase before expansion**: ➡️ Break = strong bullish momentum ➡️ Reject = continuation lower Smart money waits for confirmation — not guesses.