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Symmetrical Triangle Nearing Resolution: Breakout or Breakdown?

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BTC/USD H4 Analysis – Symmetrical Triangle Nearing Resolution: Breakout or Breakdown?
📊 Technical Outlook – 4H Timeframe
Bitcoin is currently consolidating within a clear symmetrical triangle, with price tightening ahead of a potential major breakout. The chart shows price testing the upper boundary of the triangle, supported by MA13 and MA34 from below.

Key resistance zones: 86,594 and the extended target zone at 88,753. A successful breakout above this region could trigger a strong rally toward 90,000+.

Key support levels: 81,397 – 78,725 – 75,102, acting as critical retracement zones in case of downside rejection.

The structure suggests two primary scenarios:

Bullish breakout to 86,594 → 88,753, followed by a pullback and continuation higher.

False breakout or breakdown, leading to a sell-off toward 78,725 and possibly down to 75,102 if market sentiment deteriorates.

🌍 Macro Context & Market Sentiment
Investor sentiment remains fragile, impacted by ongoing geopolitical risks and the Fed’s cautious stance on monetary policy.

Altcoins are underperforming, signaling that capital rotation remains limited – often a precursor to short-term correction or distribution in BTC.

Volume is fading as price coils inside the triangle, typically a precursor to a sharp move in either direction.

🧠 Trading Strategy Ideas
Watch closely for price action near 86,594 – 88,753. If rejection or wick rejections occur, short-term pullback trades may be viable.

A breakdown below the triangle support (~84,000 area) could open up downside targets at 81,397 and 78,725.

A clean breakout with volume confirmation? Look for retest buys around 86k with continuation potential.

⚠️ Caution Advised
BTC is in a “calm-before-the-storm” zone. This is not the time to chase moves or overleverage. Let the market confirm direction and trade based on structure, not emotion.

💬 Are you leaning bullish or bearish on BTC’s next move? Will we see 90k or a drop back to 75k? Share your thoughts below! 👇👇👇

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