Bitcoin Holds Strong: $100K Breakout or Pullback Ahead?

15 feb

#Bitcoin Update

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.
DYOR, NFA
#BTC #Crypto

4 giorni fa

Trade attivo

#BTC Market Update

#Bitcoin remains in range-bound consolidation, signalling an accumulation phase.

BTC continues to respect the ascending trendline and 200 EMA, showing strong demand at this level.

Price Stuck in a Tight Trading Range: BTC is oscillating between strong resistance near 105K—107K and solid support at 93K—95K, forming a well-defined accumulation zone.
Market participants are waiting for confirmation before a decisive move.

As Bitcoin approaches a critical decision point, volatility could spike soon. Traders should stay cautious and monitor price action closely.
#Crypto

4 giorni fa

Trade chiuso: obiettivo raggiunto

#BTC Quick Update🚨

Bitcoin has broken below the ascending trendline and is now testing key support near $94,000.

100 EMA support at $94,000 is crucial—losing this level may trigger further downside.
The bulls need a strong bounce above $96,000 to regain momentum.

A breakdown could lead to $91,500–$92,000, while a recovery above 96K would invalidate the bearish move.
So keep an eye on the daily close.

Stay cautious & watch for confirmation.
#Bitcoin

3 giorni fa

Nota

#BTC Market Update – Breakdown Confirmed?
Bitcoin has broken below key support, signaling a potential shift in momentum.


> Break Below $93,700: BTC has lost its previous range support and dropped below the 200 EMA, increasing bearish pressure.

> Retesting $88,000 Support Zone: Price is now approaching a critical demand zone that previously acted as strong support.

> Bearish Continuation or Reclaim? A daily close below $88,000 could trigger further downside towards $84,000–$81,000, while a quick reclaim of $93,700 would invalidate this breakdown.

Traders should stay cautious and monitor price action closely as Bitcoin decides its next move.