TradeCityPro | Bitcoin Daily Analysis #287Bitcoin / TetherUSBINANCE:BTCUSDTtradecitypro👋 Welcome to TradeCity Pro! Let’s move on to Bitcoin analysis, the market is currently moving down today. ⏳ 1-Hour Timeframe As expected, yesterday Bitcoin couldn’t continue its bullish move and failed to hold above 77,369. ✔️ After the fake breakout of 77,369, RSI was also rejected from the 70 level, and Bitcoin started a bearish move with strong momentum. ⭐️ Right now, price has reached a very important zone between 74,995 and 75,487 and has reacted to it. 🔭 After reaching this area, volume has dropped significantly, and a short-term range has formed. If this range breaks, the next bearish leg could begin. ✍️ In that case, we can consider a short position on the break of 75,487. However, 74,995 is also a key level that price has reacted to before, so a break of 74,995 would be a more reliable short trigger. 📊 A move of RSI into the oversold zone would be a strong signal for incoming bearish momentum. In the previous two legs, RSI didn’t reach oversold, so if it does this time, we could see a sharp downward move ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.