Bitcoin (BTC/USD) Technical Analysis
Key Support and Resistance Levels
- Resistance Area: $100,000 - $108,000 (Final Target)
- First Target Resistance: $89,280
- Strong Buying Area: $65,000 - $73,000
Market Outlook
Bitcoin is currently trading around $83,332, facing resistance near $89,280. A potential retracement towards the $73,365 - $65,061 zone could provide a strong buying opportunity for bulls.
Bullish Scenario
- If price rebounds from the strong buying area, BTC could rally towards $89,280 (first target).
- A successful breakout above this level may push BTC towards the $100K - $108K resistance zone.
Bearish Scenario
- Failure to hold above the buying zone (
65K) could lead to a deeper correction, invalidating the bullish structure.
Conclusion
Bitcoin remains in a critical zone. Traders should watch for potential price action at key levels before confirming the next major move. 🚀
If you enjoy, press the like button.
Key Support and Resistance Levels
- Resistance Area: $100,000 - $108,000 (Final Target)
- First Target Resistance: $89,280
- Strong Buying Area: $65,000 - $73,000
Market Outlook
Bitcoin is currently trading around $83,332, facing resistance near $89,280. A potential retracement towards the $73,365 - $65,061 zone could provide a strong buying opportunity for bulls.
Bullish Scenario
- If price rebounds from the strong buying area, BTC could rally towards $89,280 (first target).
- A successful breakout above this level may push BTC towards the $100K - $108K resistance zone.
Bearish Scenario
- Failure to hold above the buying zone (
65K) could lead to a deeper correction, invalidating the bullish structure. Conclusion
Bitcoin remains in a critical zone. Traders should watch for potential price action at key levels before confirming the next major move. 🚀
If you enjoy, press the like button.
Trade attivo
Nota
trade executed From 74K$, it's support area already explained . Nota
Trade running 1100 pips+ ...Trade chiuso: obiettivo raggiunto
Pubblicazioni correlate
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.
Pubblicazioni correlate
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.