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BTC : 1H Chart Analysis A potential bearish setup is forming

Adaora Favour Nwankwo

Updated at: 7 hours ago

{"content":"BTC : 1H Chart Analysis A potential bearish setup is forming! BTC just retested the 60m FVG zone after a sharp drop from 111.9K. Price is currently reacting near the 0.786 Fib level (~107.8K). If BTC fails to reclaim the 109.3K–109.9K resistance zone (FVG + 0.382–0.5 Fib), a continuation to the downside is highly likely. 🎯 Bearish Targets: 🔹 106,259 🔹 104,462 🔹 102,843 🔹 101,796 The RSI Pullback signal shows weakening bullish momentum – confirming this short setup. Boss","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/24/e6c828fb4c374cc3adfcf9ca586a64ef.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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