BTC/USD Trading Outlook:
Key Resistance Levels: $95,000 and $97,000
Channel Support Level: $92,000
Support Zone: $86,000
Market Scenarios:
Bearish Scenario:
If BTC fails to break above the resistance at $95,000–$97,000 and drops below the $92,000 channel support, it could trigger a sell-off.
Sell Targets:
Target 1: $90,000
Target 2: $88,000
Watch for further support around $86,000.
Bullish Scenario:
If BTC holds above $92,000 and breaks through the $95,000–$97,000 resistance zone, it may resume its upward trend.
Buy Target: $97,000 (with potential to extend higher if momentum continues)
Key Resistance Levels: $95,000 and $97,000
Channel Support Level: $92,000
Support Zone: $86,000
Market Scenarios:
Bearish Scenario:
If BTC fails to break above the resistance at $95,000–$97,000 and drops below the $92,000 channel support, it could trigger a sell-off.
Sell Targets:
Target 1: $90,000
Target 2: $88,000
Watch for further support around $86,000.
Bullish Scenario:
If BTC holds above $92,000 and breaks through the $95,000–$97,000 resistance zone, it may resume its upward trend.
Buy Target: $97,000 (with potential to extend higher if momentum continues)
Trade active
TRADE ACTIVE
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.