💰 Bitcoin Technical Outlook – Bullish Reversal in Play?
The chart suggests BTC/USDT is forming an inverse head & shoulders pattern, a classic bullish reversal signal.
Key Levels to Watch:
♻️ Support: ~$96,000 - Holding above this is crucial for upside continuation.
♻️ Resistance: $99,445, $106,869, and $108,750 - These levels need to break for further bullish confirmation.
⏳ Target: If BTC breaks $108,750, the next leg up could reach $123,633! 🚀
A breakout above $99K could trigger momentum towards $108K. If BTC follows the projected path, we could see a strong rally ahead. Keep an eye on volume and confirmation! 📈🔥
The chart suggests BTC/USDT is forming an inverse head & shoulders pattern, a classic bullish reversal signal.
Key Levels to Watch:
♻️ Support: ~$96,000 - Holding above this is crucial for upside continuation.
♻️ Resistance: $99,445, $106,869, and $108,750 - These levels need to break for further bullish confirmation.
⏳ Target: If BTC breaks $108,750, the next leg up could reach $123,633! 🚀
A breakout above $99K could trigger momentum towards $108K. If BTC follows the projected path, we could see a strong rally ahead. Keep an eye on volume and confirmation! 📈🔥
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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.
Subscribe to my Telegram Channel 👉 :
t.me/addlist/6KfgF2PU4jQ3YmUx
Subscribe to my X 👉 : x.com/VIPROSETR
t.me/addlist/6KfgF2PU4jQ3YmUx
Subscribe to my X 👉 : x.com/VIPROSETR
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.