BTC is testing a crucial level as it approaches its long-term descending trendline following an extended consolidation period. The price action shows compressed movement near resistance with consistent volume support. A solid daily close above this descending trendline would signal a meaningful structural shift from bearish to bullish bias, potentially unlocking upside momentum. Watch the volume profile closely—sustained volume on breakout confirmation would strengthen the reversal narrative significantly.

BTC0,28%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
LayerZeroJunkievip
· 12h ago
Breaking the level feels great for a moment, but bottom-fishing can be deadly... Let's see if we can really break through this line.
View OriginalReply0
PensionDestroyervip
· 12h ago
Breaking above the level is money, and if it gets smashed down again, it happens all over again.
View OriginalReply0
Lonely_Validatorvip
· 12h ago
Breakout or false breakout, that's the question.
View OriginalReply0
AirdropHunter007vip
· 12h ago
Breaking through the level and moving upward is the key. Come on, generate more trading volume.
View OriginalReply0
MetaMuskRatvip
· 12h ago
Did it break out? Feels like it's going to fluctuate again and again.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt