Bitcoin is gradually rising within its channel.
The trading volume remains low, so there's still a risk of a bearish move. However, Bitcoin is in a bullish trend for now, and that trend hasn't been broken yet.
If the volume picks up, BTC could climb to 90,430, then 94,410, and possibly even extend to 98,500.
Note: Be cautious—if the price falls below the channel, it could quickly start a bearish trend. The current market conditions also suggest this is a possibility.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The trading volume remains low, so there's still a risk of a bearish move. However, Bitcoin is in a bullish trend for now, and that trend hasn't been broken yet.
If the volume picks up, BTC could climb to 90,430, then 94,410, and possibly even extend to 98,500.
Note: Be cautious—if the price falls below the channel, it could quickly start a bearish trend. The current market conditions also suggest this is a possibility.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Nota
BTC - Be careful because BTC didn't show bullish volume during the previous hours and the price is about the break down from the channel.
IF that happens, the picture will completely change to bearish, as I explained above. If the price breaks down of the channel and holds there today the bearish scenario will become valid.
Just be careful as it is a very complex moment for BTC
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Pubblicazioni correlate
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.