Bitcoin Rebounds, Oil Rejected, Netflix Strong, CAD/CHF Near Key Support

This multi-asset technical analysis highlights key market movements across Bitcoin (BTC/USDT), WTI crude oil, Netflix stock, and the CAD/CHF forex pair. Each asset is currently at a critical level—some testing major support zones, others breaking key resistance. In this outlook, we examine trend continuations, potential reversals, and breakout signals to help traders stay ahead of the curve.

Multi-Asset Technical Analysis: Bitcoin (BTC/USDT)

Price is moving within a broad descending channel. The recent sharp rebound from the lower boundary suggests a potential short-term bullish impulse. Currently, BTC is testing a key horizontal resistance level around 106,566 USDT. A breakout above this level may open the path toward the channel’s upper boundary near 109,000–110,000 USDT. However, this move still occurs within a broader bearish structure, and unless that upper channel is broken decisively, the overall trend remains downward.

Multi-Asset Technical Analysis: WTI Crude Oil

WTI has strongly rejected the upper bound of a long-standing descending channel. This rejection, accompanied by increasing sell volume, suggests bearish pressure. The price is now approaching mid-channel support around the $64–$65 level. If this support fails, the lower channel boundary around $54 could become the next downside target. The recent spike and rejection resemble a bull trap, reinforcing bearish continuation bias.

Netflix Stock Forecast: Bullish Momentum Continues

Netflix maintains a strong bullish structure, consistently forming higher highs and higher lows. The price just broke out from the recent horizontal resistance around 1,250 USD, confirming another bullish leg. If momentum sustains, price discovery may continue beyond 1,300 USD. The move is supported by steady volume and continuation within an ascending price channel.

CAD/CHF Forex Pair: Support Test in Progress

CAD/CHF remains within a clear downtrend and is retesting its multi-month horizontal support around 0.5829 CHF. Price action shows repeated rejections from lower highs and consistent downward pressure. A breakdown below this support would likely accelerate the decline, targeting previous lows. However, until a decisive breakdown, this zone may offer a potential short-term bounce.