"BTC/USD has recently encountered a strong pullback, creating an opportunity for a potential reversal. A clear support level around $85,000 is in play, and price action suggests a strong recovery could follow from this zone. With the market structure indicating an upward trend post-correction, I expect BTC to test higher levels, potentially targeting $100,000 and beyond.
Key Support: $85,000
Target Zones: $95,000 and $100,000
Confirmation: Look for a bullish reversal pattern around the $85,000 support level.
Keep an eye on the price action for confirmation, and trade safely. Remember, these setups can evolve, so stay flexible."
Key Support: $85,000
Target Zones: $95,000 and $100,000
Confirmation: Look for a bullish reversal pattern around the $85,000 support level.
Keep an eye on the price action for confirmation, and trade safely. Remember, these setups can evolve, so stay flexible."
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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.