Bitcoin Price Analysis: Possible Scenarios Ahead
Updated
hello guys.
Current Price Movement: Bitcoin has experienced a strong upward movement, nearing the resistance zone around $82,000–$83,000. It is trading near the upper boundary of a rising channel.
Support and Resistance Levels:
Resistance: $82,000–$83,000 (near-term), $84,000–$85,000 (upper target).
Support: $80,000–$81,000 (short-term), $73,000 (lower channel boundary).
Trend: Overall bullish momentum remains, but a pullback is possible before the next leg up.
Current Price Movement: Bitcoin has experienced a strong upward movement, nearing the resistance zone around $82,000–$83,000. It is trading near the upper boundary of a rising channel.
- Scenario 1: A potential bullish continuation where Bitcoin could break above the $83,000 level, pushing towards $84,000–$85,000.
- Scenario 2: A possible pullback before a continuation, with Bitcoin retesting support levels around $80,000–$81,000 before attempting another move up.
Support and Resistance Levels:
Resistance: $82,000–$83,000 (near-term), $84,000–$85,000 (upper target).
Support: $80,000–$81,000 (short-term), $73,000 (lower channel boundary).
Trend: Overall bullish momentum remains, but a pullback is possible before the next leg up.
Note
a Quasimodo happened
Note
a Quasimodo happened
a correction could happen from here!
#btc #btcusdt
Trade closed: target reached
the pointed area touched
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👉 my exchange: bit.ly/LbankMeli
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👉 my Autotarder: bit.ly/btse
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telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
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