BTC : 1H Chart Analysis A potential bearish setup is forming
CryptoPotato
Updated at: 3 hours ago
{"content":"BTC : 1H Chart Analysis
A potential bearish setup is forming!
BTC just retested the 60m FVG zone after a sharp drop from 111.9K.
Price is currently reacting near the 0.786 Fib level (~107.8K).
If BTC fails to reclaim the 109.3K–109.9K resistance zone (FVG + 0.382–0.5 Fib), a continuation to the downside is highly likely.
🎯 Bearish Targets:
🔹 106,259
🔹 104,462
🔹 102,843
🔹 101,796
The RSI Pullback signal shows weakening bullish momentum – confirming this short setup.
Boss","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/24/e6c828fb4c374cc3adfcf9ca586a64ef.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}