Bitcoin has broken below its ascending trendline on the 4H chart, signaling a potential shift in momentum. 📉
Current Price: $103,322
Immediate Support Levels: $101,539 | $97,205
Target Zone: ~$97K if bearish momentum continues
Resistance: $105,101 | $108,941
If the momentum is sustained above $105,101, we can see a rally to the immediate resistance of $ 112,000.
Stay tuned for detailed updates !!
Watch for confirmation below $101.5K — a sustained drop could open the gates to further downside. Trade safe! 🚨
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #TradingView #ScramblerG
Current Price: $103,322
Immediate Support Levels: $101,539 | $97,205
Target Zone: ~$97K if bearish momentum continues
Resistance: $105,101 | $108,941
If the momentum is sustained above $105,101, we can see a rally to the immediate resistance of $ 112,000.
Stay tuned for detailed updates !!
Watch for confirmation below $101.5K — a sustained drop could open the gates to further downside. Trade safe! 🚨
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #TradingView #ScramblerG
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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.