📉 Bitcoin (BTC/USDT) Technical Analysis | Key Resistance Test – What's Next?
As shown in the 15-minute chart, Bitcoin is currently testing a short-term resistance zone that has previously acted as a strong rejection area. The market is now approaching a decision point that could define the next short-term move.
🟢 Bullish Scenario: Breakout and Momentum Continuation
If BTC successfully breaks above the current resistance with a strong bullish candle, we could see a continuation of the upward move. In this case, the next key targets are:
🔺 Descending trendline (pink) – a significant dynamic resistance level
🔺 $105,940 – a key resistance zone with previous price reactions
A breakout above these levels could trigger a fresh wave of buying pressure.
đź”» Bearish Scenario: Rejection and Pullback
However, if BTC gets rejected from this resistance once again, bearish momentum may resume. Key support levels to watch on the downside include:
🔻 $103,585 – short-term support with historical significance
🔻 $102,605 – stronger support and recent local bottom
Failure to hold these levels could lead to a deeper retracement or consolidation.
đź“Ś Summary
Bitcoin is at a critical inflection point. A breakout could trigger a bullish continuation, while a rejection may lead to a short-term correction. Keep an eye on candle confirmations and volume before making any moves.
đź“ŤIf you find this analysis helpful, make sure to follow me for more real-time updates and trade setups. Let's grow together as traders. đź””
As shown in the 15-minute chart, Bitcoin is currently testing a short-term resistance zone that has previously acted as a strong rejection area. The market is now approaching a decision point that could define the next short-term move.
🟢 Bullish Scenario: Breakout and Momentum Continuation
If BTC successfully breaks above the current resistance with a strong bullish candle, we could see a continuation of the upward move. In this case, the next key targets are:
🔺 Descending trendline (pink) – a significant dynamic resistance level
🔺 $105,940 – a key resistance zone with previous price reactions
A breakout above these levels could trigger a fresh wave of buying pressure.
đź”» Bearish Scenario: Rejection and Pullback
However, if BTC gets rejected from this resistance once again, bearish momentum may resume. Key support levels to watch on the downside include:
🔻 $103,585 – short-term support with historical significance
🔻 $102,605 – stronger support and recent local bottom
Failure to hold these levels could lead to a deeper retracement or consolidation.
đź“Ś Summary
Bitcoin is at a critical inflection point. A breakout could trigger a bullish continuation, while a rejection may lead to a short-term correction. Keep an eye on candle confirmations and volume before making any moves.
đź“ŤIf you find this analysis helpful, make sure to follow me for more real-time updates and trade setups. Let's grow together as traders. đź””
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Declinazione di responsabilitĂ
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.