Hello Traders! đź‘‹
What are your thoughts on BITCOIN?
Bitcoin at a Crossroads
Bitcoin has reached a key support zone after its recent decline and is now in recovery mode. We expect this upward movement to continue until it reaches the identified resistance level, targeting the $95,000 range.
At this point, two potential scenarios are in play, as shown in the chart:
1–Bullish Scenario: If Bitcoin successfully breaks the $95,000 resistance, the path for further upside will be clear, and higher targets could be reached.
2–Bearish Scenario: If the price fails to break this key resistance, a correction and decline toward lower support levels may follow.
The next move for Bitcoin depends on how it reacts at the resistance level.
What are your thoughts on the upcoming price action?
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on BITCOIN?
Bitcoin at a Crossroads
Bitcoin has reached a key support zone after its recent decline and is now in recovery mode. We expect this upward movement to continue until it reaches the identified resistance level, targeting the $95,000 range.
At this point, two potential scenarios are in play, as shown in the chart:
1–Bullish Scenario: If Bitcoin successfully breaks the $95,000 resistance, the path for further upside will be clear, and higher targets could be reached.
2–Bearish Scenario: If the price fails to break this key resistance, a correction and decline toward lower support levels may follow.
The next move for Bitcoin depends on how it reacts at the resistance level.
What are your thoughts on the upcoming price action?
Don’t forget to like and share your thoughts in the comments! ❤️
âś…MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
âś…INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
âś…INSTAGRAM:
instagram.com/marketanalaysis
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.
âś…MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
âś…INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
âś…INSTAGRAM:
instagram.com/marketanalaysis
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.