This chart is flashing a serious warning signal.
The weekly chart of
$BTC clearly shows that the market is currently in a high-risk zone. This is not the time to be aggressive.
What the chart is telling us:
š» A strong bearish Head & Shoulders pattern has been confirmed
š» The major uptrend support line has broken
š» Price could easily move toward the $50,000 ā $54,000 support zone
š This is not fear-mongering ā itās a technical warning.
The weekly chart is literally screaming DANGER.
Why the outlook remains bearish:
1ļøā£ Head & Shoulders Breakdown
This is a classic reversal pattern that usually signals a shift from a bullish trend to a bearish phase.
2ļøā£ Trendline Breakdown
The key support trendline (neckline) has been decisively broken, confirming that bullish momentum is gone and further downside is likely.
3ļøā£ Downside Target
Based on the current structure, price is moving toward the lower boundary of the long-term channel.
The next major support sits around $50K ā $54K. Expect high volatility and continued selling pressure until this zone is tested.
ā ļø Entering new positions right now is extremely risky.
Market structure suggests more downside before any real stability returns.
Donāt let lower prices tempt you into risking your capital too early.
š¬ Do you hold any coins with similarly weak or ugly charts?
Share them in the comments so everyone can stay alert.
š My Approach:
For now, I prefer HOLDING and slowly stacking
$BTC , preferably on Binance, with patience and proper risk management.
#BTC #Bitcoin #CryptoWarning #RiskManagement #MarketAlert