BTC/USD – Breakout Watch: Is $112K the Next Stop?
By: PIPS_WARRIOR07 | 1D Chart | BITSTAMP
Overview:
Bitcoin has shown strong bullish reaction from the $77K demand zone and is now testing a key resistance between
88K and $91K. A confirmed breakout above this zone could lead price toward the $112K level.
Key Levels:
Support Zone: $76K – $78.5K (strong demand base)
Resistance Zone:88K – $91K (potential breakout point)
Target Zone: $112K – $112.5K (if breakout confirms)
Trendline: Descending trendline recently broken — bullish signal
Bullish Scenario:
If price breaks and holds above resistance, we may see continuation toward higher highs. Support below remains strong and intact.
This is not financial advice just an educational proposal.
#Bitcoin #BTCUSD #CryptoSetup #BreakoutTrade #TradingViewIdeas #PriceAction
By: PIPS_WARRIOR07 | 1D Chart | BITSTAMP
Overview:
Bitcoin has shown strong bullish reaction from the $77K demand zone and is now testing a key resistance between
88K and $91K. A confirmed breakout above this zone could lead price toward the $112K level.Key Levels:
Support Zone: $76K – $78.5K (strong demand base)
Resistance Zone:
88K – $91K (potential breakout point)Target Zone: $112K – $112.5K (if breakout confirms)
Trendline: Descending trendline recently broken — bullish signal
Bullish Scenario:
If price breaks and holds above resistance, we may see continuation toward higher highs. Support below remains strong and intact.
This is not financial advice just an educational proposal.
#Bitcoin #BTCUSD #CryptoSetup #BreakoutTrade #TradingViewIdeas #PriceAction
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.