Is Bitcoin Facing a Fall?

Is Bitcoin Facing a Fall?

BTCUSDT

When examining the 4-hour chart of BTCUSDT, it is observed that price movements are continuing within a triangle formation. It is evaluated that unless the cryptocurrency surpasses the level of 27671 to the upside, it could potentially break below the level of 27319 and retreat towards 26614, ultimately reaching as low as 25910.

SOLUSDT

When examining the 4-hour chart of SOLUSDT, it is observed that price movements are continuing within a Cup and Handle formation. It is evaluated that unless the cryptocurrency breaks below the level of 20.29, it could potentially surpass the level of 21.46 and target the level of 22.54 to further aim for 24.42.

REEFUSDT

When examining the 4-hour chart of REEFUSDT, it is observed that price movements are continuing within a narrowing triangle pattern. It is evaluated that if the cryptocurrency maintains price movements above the level of 0.002232, it could potentially target the level of 0.002372. However, if the price breaks below the level of 0.002183, it may experience a retracement towards the level of 0.002014.

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