Bitcoin (BTC/USD) is showing signs of a strong bullish reversal off a major demand zone at $98,000.**
If price holds above this level and confirms with continued bullish candles, the likely trajectory is toward the resistance zone around $110,000–$111,200.
The forecast structure suggests a clean trend recovery pattern. However, manage risk tightly — as a breakdown below the demand zone could flip the narrative to bearish.
If price holds above this level and confirms with continued bullish candles, the likely trajectory is toward the resistance zone around $110,000–$111,200.
The forecast structure suggests a clean trend recovery pattern. However, manage risk tightly — as a breakdown below the demand zone could flip the narrative to bearish.
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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.