Bitcoin analysis shows bears still in control but these liquidation price levels coming...

Bitcoin analysis shows bears still in control but these liquidation price levels coming...

In this bitcoin analysis on the Binance BTCUSDT 4 hourly chart on Binance, we delve into the current bearish trend in Bitcoin prices and explore the conditions necessary for a bullish reversal. This update focuses on the significant pitchfork patterns and key price levels that could dictate the next moves in the Bitcoin market.

📉 Unpacking the (still) Bearish Signals: How the Pitchfork Pattern Influences Bitcoin Price Predictions

The Santa rally some were expecting seems to be on vacation this year. Let’s look at this bitcoin chart together:

BTCUSDT 4hr chart showing price action bearish & magnets

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