๐จ #Bitcoin 2H Chart Analysis: Bearish Outlook
Currently, Bitcoin is forming a Lower Low (LL) and Lower High (LH) pattern, signaling a potential bearish trend in the short-term. Key support levels to watch are around $88,000 and $85,000.
๐ Next Targets: $88,000 โ $85,000
๐ซ Critical Level: A 2H close above $101,000 would invalidate this bearish outlook.
Note: If Bitcoin holds below $100,000, expect a possible decline to $85,000. Remember, always set your stop losses to protect your funds in case the trend shifts.
