BTC/USDT: Fake-out Rejected — Bulls Retest and Reclaim Control..

Hello everyone,
This BTC/USDT chart reflects a powerful structural shift in market momentum. Initially, Bitcoin showed a fake bearish breakout below a key support zone. However, the move lacked follow-through, and buyers quickly stepped in to invalidate the breakdown.
Bulls then broke above a major resistance level, flipping it into support. Price pushed to a new local high before retracing to retest the breakout zone, which held firm. Interestingly, BTC also retested two previous support areas, confirming strong buyer interest and absorption of selling pressure.
Now, with demand zones respected and price pushing upward again, BTC is showing signs of a bullish continuation. This setup highlights a common price action sequence: fakeout → breakout → support retest → continuation.
📘 This chart is for educational and analytical purposes only and does not constitute financial advice.
This BTC/USDT chart reflects a powerful structural shift in market momentum. Initially, Bitcoin showed a fake bearish breakout below a key support zone. However, the move lacked follow-through, and buyers quickly stepped in to invalidate the breakdown.
Bulls then broke above a major resistance level, flipping it into support. Price pushed to a new local high before retracing to retest the breakout zone, which held firm. Interestingly, BTC also retested two previous support areas, confirming strong buyer interest and absorption of selling pressure.
Now, with demand zones respected and price pushing upward again, BTC is showing signs of a bullish continuation. This setup highlights a common price action sequence: fakeout → breakout → support retest → continuation.
📘 This chart is for educational and analytical purposes only and does not constitute financial advice.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.