BTC is approaching a strong resistance zone at $106,000 after a recent uptrend.
The price is near the upper boundary of the green zone ($102,000–$106,000), suggesting overbought conditions.
Bearish signals: declining volume, overbought zone, and resistance at $106,000. Watch for a rejection at this level for confirmation.
The price is near the upper boundary of the green zone ($102,000–$106,000), suggesting overbought conditions.
Bearish signals: declining volume, overbought zone, and resistance at $106,000. Watch for a rejection at this level for confirmation.
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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.