BTCUSDT Perpetual Swap Contract
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BTCusdt — Descending Triangle. Preparing for a BTC Breakdown?

916
BTCUSDT chart (4H) shows a well-defined descending triangle.
Price is being compressed under a descending trendline, and volume is steadily declining — a typical signal of an upcoming strong move.

📉 Downside target: $106,100 – $101,700

🔺 Invalidation: breakout above $119,876

📊 Key levels:
Resistance: $117000 / $113,500
Support: $110,694 / $107,723 / $106,108 / $101,712

⚠️ Pay attention — breakout is likely soon.
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The triangle base retest on the BTCUSDT chart has taken place

Is it time to continue the decline in the price of BTC to the targets outlined in the idea?
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