BTCUSD's lower high formation aligns with a potential short-term

📊 Analyzing **BTCUSD** across multiple timeframes:
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.

📉 BTCUSD is currently trading around **$97,706** and showing signs of a potential pullback.
A correction towards the support level at **$95,000 - $93,500** seems likely based on current price action.

🔻 Key Levels to Watch:
🔹 **Immediate Support:** $95,000 - $93,500 zone.
🔹 **Resistance Levels:** Watch for rejection around $98,500 - $99,000.

🔒 Stop Loss can be placed above $99,500 to minimize risk.

🔍 We are using trend analysis, Fibonacci levels, and volume confirmation to identify this setup.

Pine Script®

1. **Bearish View:** Expecting a drop towards $95,000 if current levels fail.
   
2. **Bullish View:** Only a breakout above $99,000 can invalidate this view.
   

⚠️ Always confirm price action before entering. Risk management is key! 🚨

⚠️ **Note:** If BTCUSD breaks below $93,500, further decline may accelerate. ⚠️

🔔 **Be sure to follow the updated ideas for real-time insights!** 🔔

⏰ **Analysis Time:** BTCUSD across multiple timeframes.

⚖️ **Do not forget to set a Stop Loss** for risk management! Protect your capital! 🔒