Bitcoin has reached the green support zone, and buyers are pushing the price upward. If BTC is to grow, it should follow the green path shown in the chart, allowing traders to enter with more confidence. The analysis sets a rejection boundary at 56,500 USDT on the daily timeframe; falling below this level invalidates the bullish scenario.
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.
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.