BTCUSD – Trendline Analysis (4H)

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BTCUSD – Trendline Analysis (4H)Bitcoin/USDCAPITALCOM:BTCUSDAvo-TradesBTCUSD – Trendline Analysis (4H) Bitcoin is currently testing a major descending trendline that has acted as dynamic resistance multiple times. Price is sitting at a decision point, meaning the next confirmed move could determine the short-term trend. 🟢 Bullish Scenario A confirmed breakout and close above the green descending trendline would signal that sellers are losing control. Buy Trigger: Clean candle close above the trendline. Confirmation: Retest of the broken trendline as support strengthens the bullish case. Potential Target: Previous swing highs around 66,000–67,000, with higher levels possible if momentum continues. 🔴 Bearish Scenario If Bitcoin rejects the green trendline and forms bearish price action, it suggests the downtrend remains intact. Sell Trigger: Rejection from the trendline followed by bearish confirmation. Confirmation: Lower highs and increased selling pressure below resistance. Potential Target: Recent support levels around 62,500–61,500, with further downside if support fails. 📌 Summary ✅ Break above the green trendline = Buy Signal ❌ Rejection from the green trendline = Sell Signal Wait for confirmation—let the market choose the direction before entering a trade.