Bitcoin is gradually rising within its channel.
The trading volume remains low, so there's still a risk of a bearish move. However, Bitcoin is in a bullish trend for now, and that trend hasn't been broken yet.
If the volume picks up, BTC could climb to 90,430, then 94,410, and possibly even extend to 98,500.
Note: Be cautious—if the price falls below the channel, it could quickly start a bearish trend. The current market conditions also suggest this is a possibility.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The trading volume remains low, so there's still a risk of a bearish move. However, Bitcoin is in a bullish trend for now, and that trend hasn't been broken yet.
If the volume picks up, BTC could climb to 90,430, then 94,410, and possibly even extend to 98,500.
Note: Be cautious—if the price falls below the channel, it could quickly start a bearish trend. The current market conditions also suggest this is a possibility.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Note
BTC - Be careful because BTC didn't show bullish volume during the previous hours and the price is about the break down from the channel.
IF that happens, the picture will completely change to bearish, as I explained above. If the price breaks down of the channel and holds there today the bearish scenario will become valid.
Just be careful as it is a very complex moment for BTC
Note
Bitcon was transformed by confirming a clear bearish pattern that I warned yesterday. This is the news scenario
Note
Reached the bearish target as the transformation was showing
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.