Signal BTCUSD Sell — H1 - June 29, 2026 18:47 GMT-4
The BTCUSD H1 chart reveals a bearish consolidation phase following a prolonged uptrend. Price has been retracing from a key high of 60,698, with recent closes hovering around 60,378.2, indicating weakening bullish momentum. The current low at 60,378.2 aligns with a critical support level, breached in the prior candle, suggesting potential for further downside. Volume has been relatively stable, with the latest candle showing 1906, which doesn't strongly confirm the move but maintains the bearish context. The price action forms a descending triangle pattern between 60,378.2 and 60,698, with the lower trendline acting as a dynamic support. Bulls have failed…