BTC/USDT – Technical Analysis Update
📊 Current Price: ~$93,000
📈 Recent Move: Strong bounce from $79,000, surging $17,000 in just a few hours.
Key Technical Levels & Market Structure
🔸 Resistance Zone: $95,000 – This level acts as a critical supply zone. A strong rejection here may trigger short-term corrections.
🔸 Breakout Confirmation (BOS - Break of Structure): A decisive close above $99,600 with volume could confirm bullish continuation towards new highs.
🔸 Support & Downside Risk:
If BTC fails to hold above $95,000, a pullback towards $75,000-$70,000 remains a possibility.
EMAs & Trendline Support: Watch for dynamic support from 50 EMA & ascending trendline in case of retracement.
Market Outlook:
- BTC remains in a bullish structure, but volatility is high.
- RSI & Volume Analysis: Overbought conditions on lower timeframes suggest possible consolidation before the next leg up.
⚠️ Risk Management: Always trade with stop-loss and avoid overleveraging in this volatile market.
📡 Stay tuned for real-time insights!
Note: NFA & DYOR
📊 Current Price: ~$93,000
📈 Recent Move: Strong bounce from $79,000, surging $17,000 in just a few hours.
Key Technical Levels & Market Structure
🔸 Resistance Zone: $95,000 – This level acts as a critical supply zone. A strong rejection here may trigger short-term corrections.
🔸 Breakout Confirmation (BOS - Break of Structure): A decisive close above $99,600 with volume could confirm bullish continuation towards new highs.
🔸 Support & Downside Risk:
If BTC fails to hold above $95,000, a pullback towards $75,000-$70,000 remains a possibility.
EMAs & Trendline Support: Watch for dynamic support from 50 EMA & ascending trendline in case of retracement.
Market Outlook:
- BTC remains in a bullish structure, but volatility is high.
- RSI & Volume Analysis: Overbought conditions on lower timeframes suggest possible consolidation before the next leg up.
⚠️ Risk Management: Always trade with stop-loss and avoid overleveraging in this volatile market.
📡 Stay tuned for real-time insights!
Note: NFA & DYOR
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.