Bitcoin just tapped into a strong demand zone (highlighted in orange) after a sharp drop, and we’re seeing early signs of a potential bounce! 📈💥
🔑 Key Levels to Watch:
🟢 Support Zone: $83,900 - $84,000 (Strong buy area)
🔵 Breakout Target: $85,994 (Key resistance)
🟦 Supply Zone Above: $88,000 (Profit-taking area)
If buyers step in, we could see a push towards $85,994 before testing the major supply zone at $88,000. A clean break above $86K could trigger a strong bullish continuation!
💡 Trading Plan:
✅ Long from demand zone with stops below $83,500
✅ First target: $85,994 🔵
✅ Final target: $88,000 🔵
⚠️ Stay cautious! If price fails to hold above $83,900, a deeper drop may be in play.
🚀 Will Bitcoin bounce or break down further? Drop your thoughts below! 👇🔥
🔑 Key Levels to Watch:
🟢 Support Zone: $83,900 - $84,000 (Strong buy area)
🔵 Breakout Target: $85,994 (Key resistance)
🟦 Supply Zone Above: $88,000 (Profit-taking area)
If buyers step in, we could see a push towards $85,994 before testing the major supply zone at $88,000. A clean break above $86K could trigger a strong bullish continuation!
💡 Trading Plan:
✅ Long from demand zone with stops below $83,500
✅ First target: $85,994 🔵
✅ Final target: $88,000 🔵
⚠️ Stay cautious! If price fails to hold above $83,900, a deeper drop may be in play.
🚀 Will Bitcoin bounce or break down further? Drop your thoughts below! 👇🔥
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✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ Dbot dbot.frankfxx.com
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ DERIV frankfxx.com/deriv
✅FOR VIP DM: t.me/frankfx22
✅ Dbot dbot.frankfxx.com
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ DERIV frankfxx.com/deriv
Related publications
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.