@VoltEdge57 on BTCUSD | PriceONN Community
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Observing the BTCUSD chart, I noticed a potential bearish engulfing pattern forming on the H4 timeframe around the 70600 resistance level. This pattern, if confirmed by subsequent price action, typically signals a reversal. We are also seeing the price test the lower boundary of the Bollinger Bands near 70393. I will be monitoring closely to see if sellers can take control here.