📊 Bitcoin Update - Quick Analysis
On the 15-minute chart, Bitcoin is moving between two key horizontal zones and two dynamic trendlines:
✅ The green zone marks a price gap — a great spot to look for buying opportunities.
❌ The red zone acts as a supply area and could slow down or reverse the price.
🔎 A green trendline on the lower timeframe is supporting bullish momentum.
🚨 Meanwhile, the red trendline on the daily timeframe is a major resistance area.
If Bitcoin can break above this red trendline, the bullish scenario will become much more likely! 🚀
Stay tuned! 📈
On the 15-minute chart, Bitcoin is moving between two key horizontal zones and two dynamic trendlines:
✅ The green zone marks a price gap — a great spot to look for buying opportunities.
❌ The red zone acts as a supply area and could slow down or reverse the price.
🔎 A green trendline on the lower timeframe is supporting bullish momentum.
🚨 Meanwhile, the red trendline on the daily timeframe is a major resistance area.
If Bitcoin can break above this red trendline, the bullish scenario will become much more likely! 🚀
Stay tuned! 📈
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.
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.