Bitcoin Coils for Hacking – Big Next Step! for BINANCE:BTCUSDT by FrankAgbo — TradingView


Bitcoin is currently pressured below the **downtrend line**, indicating a potential **explosive breakout move**.

### 🧠 **Market Structure**

* Trend: ** Bearish ← Consolidation **
* Price Action: ** Narrow range formation **
*Main signal: **low highs + compression**

### 📍 **Main Levels**

* Resistance: **75,900**
*Main resistance: **84,000**
*Support: **69,300**
* Strong support: **62,600**

### 🚀 **Bullish scenario**

If the price breaks the **trend line**:

*First step → **75,900**
*continuation → **84,000**

This is in line with the **Breakout Expansion Setup** (as shown in your chart).

### 📉 **Bearish scenario**

If the price ** fails to breakout and is rejected **:

* Decrease towards **69,300**
* Possibility of continuing in ** 62,600 liquidity area **

### ⚖️ **Business idea**

*Entry: **Breakout or pullback entry**
*Stop Level: **Less than 62,600**
*TP: **75,900 → 84,000**

### 💡 **Conclusion**

This is the **compression stage before expansion**:

➡️ Breakout = strong upward momentum
➡️ Rejection = continued decline

The smart money is waiting for confirmation – not speculation.



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