BTCUSDT on the 3h chart is accelerating from a breakout above $104,000 after several consolidation phases. Price is approaching $109,000 resistance. A breakout above this could trigger a run toward $112K+.Trade active
BTCUSDT is in a continuation phase after reclaiming trendline support and completing a tight consolidation. The current formation favors a move toward 115,000 and possibly higher. The stair-step structure of higher lows and sharp rebounds signals strength. Any pullback above 102,000 is likely to be bought quickly.
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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.