BitcoinLong
BITCOIN (BTCUSD): Will We Test ATH Soon?
Following a strong upward trend in Bitcoin this week, the price reached the resistance line of a rising parallel channel and began to retrace.
I see a classic support cluster forming within a horizontal range and the support line of the channel on a 4-hour timeframe.
Currently, the market is testing this zone.
I predict that there will be a bullish rebound leading to further upward movement, possibly reaching 106,000 and potentially even testing the all-time high.
Conversely, if the price managed to break and close below the confluence zone, that would be a strong bearish signal.
I see a classic support cluster forming within a horizontal range and the support line of the channel on a 4-hour timeframe.
Currently, the market is testing this zone.
I predict that there will be a bullish rebound leading to further upward movement, possibly reaching 106,000 and potentially even testing the all-time high.
Conversely, if the price managed to break and close below the confluence zone, that would be a strong bearish signal.
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For paid signal👇👇 t.me/linofx1999
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