Bitcoin BTC Break Above This Zone
Bitcoin (BTC) against with a bearish outlook. From our analysis:
Resistance Zone: The price has encountered resistance near the 97K level. If BTC struggles to break above this zone, it may experience a pullback or reversal.
Support Zone: The key support zone lies between 90K and 88K. A breach of this support could trigger a deeper correction.
If the price fails to break through the resistance and drops below the support zone, it could confirm a bearish trend. Monitoring the price action in these critical zones will be important for further confirmation of the trend.
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Resistance Zone: The price has encountered resistance near the 97K level. If BTC struggles to break above this zone, it may experience a pullback or reversal.
Support Zone: The key support zone lies between 90K and 88K. A breach of this support could trigger a deeper correction.
If the price fails to break through the resistance and drops below the support zone, it could confirm a bearish trend. Monitoring the price action in these critical zones will be important for further confirmation of the trend.
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Trade closed: target reached
Trade from 95k to 89k 600 Pips Done
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t.me/+SFFwl7TAPDhkZDA0
Contact For Learning
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Related publications
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.