Bitcoin continues to trade within the descending channel on the 4H chart.
Price has now broken below the 110,400 – 109,150 support area and is testing lower liquidity around 108,200.
🔹 Bearish outlook:
If the breakdown holds, the next targets lie around 107,000 – 105,500, where deeper liquidity zones may provide support.
🔹 Bullish opportunity:
A quick recovery above 109,150 and a retest could trigger a bounce toward 111,500 – 112,300 as short-term relief.
Currently, momentum favors the downside, but traders should watch how price reacts at the 108,200 – 107,000 zone for potential reversal or continuation signals.
Price has now broken below the 110,400 – 109,150 support area and is testing lower liquidity around 108,200.
🔹 Bearish outlook:
If the breakdown holds, the next targets lie around 107,000 – 105,500, where deeper liquidity zones may provide support.
🔹 Bullish opportunity:
A quick recovery above 109,150 and a retest could trigger a bounce toward 111,500 – 112,300 as short-term relief.
Currently, momentum favors the downside, but traders should watch how price reacts at the 108,200 – 107,000 zone for potential reversal or continuation signals.
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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.