Bitcoin-$100K Breakout or Pullback Ahead?
Bitcoin remains in a tight consolidation phase after rebounding from key support.
Support at $93,700 Holding: BTC has successfully defended the ascending trendline and 200 EMA, showing strong buyer interest around this level.
Range-bound movement: The price continues to hover between the ATH resistance and the lower support, forming a key accumulation zone.
Breakout Watch: A daily close above the $100,000 resistance could lead to a breakout, while a failure to hold support may trigger a correction.
Traders should keep an eye on BTC’s next move, as volatility could increase soon.
Support at $93,700 Holding: BTC has successfully defended the ascending trendline and 200 EMA, showing strong buyer interest around this level.
Range-bound movement: The price continues to hover between the ATH resistance and the lower support, forming a key accumulation zone.
Breakout Watch: A daily close above the $100,000 resistance could lead to a breakout, while a failure to hold support may trigger a correction.
Traders should keep an eye on BTC’s next move, as volatility could increase soon.
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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.