Hello Traders! In today’s post, we’re looking at Bitcoin (BTC) on the 15-minute chart. The price is currently showing a potential reversal setup, with the market consolidating around 78,000. The recent price action suggests that Bitcoin could either push higher or face further downside depending on how it reacts to this level.
The MACD is showing some Bullish crossver on chart, may be we can see some positive reversal momentum from here, but watch for the price action to confirm whether a reversal is likely. If Bitcoin does not take our stop loss, we could see a move toward 79,892. Stay sharp, and as always, manage your risk effectively!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
If you Found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
The MACD is showing some Bullish crossver on chart, may be we can see some positive reversal momentum from here, but watch for the price action to confirm whether a reversal is likely. If Bitcoin does not take our stop loss, we could see a move toward 79,892. Stay sharp, and as always, manage your risk effectively!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
If you Found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
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Rahul Pal (TradingView Moderator)
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
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Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
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.
Rahul Pal (TradingView Moderator)
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
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.