Bitcoin (BTCUSD) continues to respect its demand zone around 110K–109.4K, where buyers have stepped in once again to defend the short-term structure. This area has acted as a reliable reaction point multiple times, confirming that smart money is active around this region.
Price recently dipped into the green zone and showed a quick rebound, forming a possible higher low structure. As long as BTC stays above this zone, the short-term bias remains bullish with immediate targets near 112.3K.
If the momentum continues to build, we might see another impulsive leg to the upside. However, any sustained close below 109.4K would invalidate this setup.
Remember: structure defines direction, not emotions.
Rahul’s Tip:
The best trades often form when most traders panic. Let the market test patience, not your conviction.
Disclaimer: This analysis is for educational purposes only and is not financial advice. Always trade with risk management.
Price recently dipped into the green zone and showed a quick rebound, forming a possible higher low structure. As long as BTC stays above this zone, the short-term bias remains bullish with immediate targets near 112.3K.
If the momentum continues to build, we might see another impulsive leg to the upside. However, any sustained close below 109.4K would invalidate this setup.
Remember: structure defines direction, not emotions.
Rahul’s Tip:
The best trades often form when most traders panic. Let the market test patience, not your conviction.
Disclaimer: This analysis is for educational purposes only and is not financial advice. Always trade with risk management.
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Premium Signals: 77% accuracy in Intraday & Positional trades for Stocks, Nifty, Bank Nifty, Gold, Silver & Crypto. Take demo & decide — most traders don’t leave after joining.
Free Demo: wa.me/919560602464
Free Telegram: spf.bio/c1lkb
Free Demo: wa.me/919560602464
Free Telegram: spf.bio/c1lkb
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
