Bitcoin: Short-Term Bullish Recovery on the Table
Bitcoin is showing early signs of a potential short-term bullish reversal as price continues to respect the descending channel. The latest bounce from the channel’s lower boundary suggests growing buyer interest, and a breakout above the upper trendline could trigger a stronger recovery.
If BTC manages to break and retest the channel resistance, the next targets sit at:
Key Bullish Targets
$99,600
$103,800
As long as the price holds above the channel, the short-term bullish scenario remains valid. A clean breakout would confirm upside continuation.
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❤️
Bitcoin is showing early signs of a potential short-term bullish reversal as price continues to respect the descending channel. The latest bounce from the channel’s lower boundary suggests growing buyer interest, and a breakout above the upper trendline could trigger a stronger recovery.
If BTC manages to break and retest the channel resistance, the next targets sit at:
Key Bullish Targets
$99,600
$103,800
As long as the price holds above the channel, the short-term bullish scenario remains valid. A clean breakout would confirm upside continuation.
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❤️
Ordine annullato
Price declined and didn't activate the bullish pattern as I explainedStay away
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.