The first image shows a Bitcoin (BTC) chart with technical analysis, predicting a potential price drop. The chart highlights a bearish trend with the formation of an ascending channel that breaks downward, indicating a possible bearish flag pattern. The green and red zones indicate potential target prices and risk levels, suggesting a downward trajectory.
The second image provides a snapshot of BTC/USDT trading data, showing a current price of $60,017.71 with a 2.44% increase. Despite the recent rise, the chart shows volatility and a potential reversal. The indicators such as EMA, Bollinger Bands, and SAR dots signal an overbought condition and possible upcoming correction.
Combining both analyses, it suggests that BTC may face a price correction. The bearish pattern from the first chart aligns with the overbought signals from the second, indicating a potential dump in BTC's price soon. Traders should be cautious and consider these indicators when making trading decisions.
