Get started
BTCUSD Perpetual ContractBTCUSD Perpetual ContractBTCUSD Perpetual Contract

BTCUSD Perpetual Contract

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BTCUSD.P trade ideas

Bitcoin - This Month Will Decide Everything!Bitcoin ( CRYPTO:BTCUSD ) is still rather bullish: Click chart above to see the detailed analysis👆🏻 In December of 2024, we saw a little pause during the overall bullish crypto bullrun, which was actually quite expected after the recent rally of about +500%. This could still turn into a false breakout, but since everything looks rather bullish, new all time highs are much more likely. Levels to watch: $70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
20
BTC/USD Bullish Setup | Order Flow Breakout Targeting $118,000+📈 Bitcoin (BTC/USD) is showing strong bullish momentum after breaking key resistance levels. After a period of accumulation and sideways movement, BTC has shown clear signs of fresh buying pressure, supported by a clean Order Flow setup . We are targeting a move towards $118,000 as we see continuation in the current bullish trend. Key Levels: ATH Resistance at $109,350$ (All-Time High). Order Flow Confirmation near $105,000 - $106,000. Entry Zone: The green demand zones are marked as strong areas to enter long positions. Price Target: We are aiming for a continuation towards $118,000 , which aligns with both the market structure and order flow. 🔍 Analysis: Multiple Order Flow setups have formed around the $105,000-$106,000 region, confirming that buyers are in control. The price is breaking above key resistance zones, and the current consolidation suggests a strong potential for price continuation. Support Areas: The green zones on the chart represent potential areas where price could dip to before continuing upward. Entry Strategy: Look for price action confirmation in these demand zones, with a focus on bullish candlestick formations and strong volume. 💬 Drop your thoughts and analysis in the comments below! Let's discuss where Bitcoin is headed next! 🔔 Follow for more insights on Bitcoin & Altcoin setups."
CRYPTO:BTCUSDLong
by MasterTrendFx
3
BTCUSDTRADING IDEA UPTREND 1H TIME FRAMEBTC/USD Trading Idea - Uptrend (1H Timeframe) 🚀 Entry Point: $101,900.00 🎯 Target Level: $109,500.00 📉 Stop Loss: Below EMA 50 Analysis: The BTC/USD pair is in an uptrend on the 1-hour timeframe. Entry is set near a key support zone aligned with the EMA 50, which acts as dynamic support. Risk management is essential; the stop loss is strategically placed below the EMA 50 to minimize potential losses while riding the trend. Indicators: EMA 50: Monitored as a dynamic support level to confirm the uptrend. 📊 Plan: Monitor price action for a bounce near the EMA 50 before entering at $101,900. Hold the position to the target of $109,500 while securing profits by trailing the stop loss. 📈 Risk/Reward Ratio: Favorable. Always trade responsibly!
CRYPTO:BTCUSDLong
by ExpertTrader041
"Climbing the Grid: BTC Edition" In this chart, the trendlines are drawn to represent key areas of support and resistance based on price action over time. Here’s how to explain them in simple terms: 1. **Green Trendlines (Support)**: - These lines are drawn underneath the candlesticks. They show areas where the price found support and moved higher after touching or approaching the line. - The lower green horizontal line at **89,061.47** represents a strong historical support level, meaning the price previously stopped falling and reversed upward from this area. 2. **Red Trendlines (Resistance)**: - These lines are drawn above the candlesticks. They represent levels where the price struggled to go higher and reversed downward. - The upward-sloping red trendline represents a resistance trend where the price is being pushed lower whenever it approaches the line. 3. **Blue Trendline (Broader Trend)**: - This trendline connects major swing lows over a longer timeframe, showing the general upward momentum of the market. - It's more of a macro-level line, indicating the long-term bullish direction. 4. **White Trendlines (Neutral or Structural)**: - These lines form part of the structure, connecting minor pivot points or angles within the trend. - They give additional context but may not hold as strong as the green and red lines. 5. **Breakout Point (Highlighted with an Arrow)**: - The red arrow points to an area where the price attempted to break through a resistance level and succeeded, confirming a breakout. - After breaking past, the price is now approaching **105,346.97**, which could act as a new resistance or continuation level. In essence: - **Support lines**: Where the price bounces up. - **Resistance lines**: Where the price gets rejected. - The interactions between these lines help predict where the price might go next. - Bull Flag scenario is likely to unfold
COINBASE:BTCUSD
by The_ForexX_Mindset
8
BTC analysisI’m going to do a quick analysis of Bitcoin for fun and to compare my ideas with what actually plays out on the charts. First, I’m looking at this cup and handle formation, which I think is pretty textbook as you can see above. It's been forming since November 2021, and if it plays out as expected, it suggests a minimum price target of around $130k. That would imply there’s still some momentum left in this bull run. additionally if you draw a fib retracement from the top of the cup handle to our current ath (108k) it lines up to around 130k as seen below. obviously theres going to be pullbacks though so below is a chart showing some rising wedge action we aslo have goin on starting around the same time frames. As you can see, we've already bounced off the upper trendline and are now consolidating just below it. Ideally, bullish momentum will continue, and we won't experience a significant pullback. The chart below highlights some key resistance levels to keep an eye on moving forward. Fibonacci retracement levels suggest that our first significant resistance lies just below $88K. Honestly, barring a black swan event or a sharp sell-off, it’s hard to imagine Bitcoin dropping below this level in the near term. There are too many bullish catalysts at play, such as SAB 122 enabling banks to manage crypto, an increasingly crypto-friendly government, and the potential for crypto reserves. The upcoming FOMC meeting at the end of January could take a hawkish tone, potentially pulling the price back into the FWB:88K – GETTEX:89K range. Notably, this level has only been briefly tested once since late November. In the event of a black swan, we could see a retest of the $70K level. Such a move would likely flush out leverage trades and cause many retail investors to exit. This scenario might create an opportunity for banks and institutions to secure unreal entry points before crypto adoption goes mainstream. Looking at the chart below, $70K aligns closely with the previous all-time high, which was never backtested, as well as the lower trendline of the rising wedge. If this level breaks, it would likely signal the onset of a bear market. However, with numerous bullish catalysts on the horizon and the strong likelihood of mainstream adoption, I don't believe we'll revisit this level. There are simply too many prospective buyers waiting on the sidelines.
BITSTAMP:BTCUSDLong
by yankie_doodle
BITCOIN CAN MOVE TO GIVEN TARGET AREABitcoin's price action continues to capture attention as it edges closer to a significant target on the charts. Traders and investors are closely monitoring its movement, analyzing key support and resistance levels to predict the next possible breakout or retracement. With market sentiment and trading volumes playing crucial roles, the question remains: will Bitcoin achieve its target, or will it face a correction? Stay updated and ready for potential opportunities as the momentum unfolds!
BITSTAMP:BTCUSDLong
by SadarExplore
Unveiling Crypto Market Insights - What's next for BitcoinGM Market Enthusiasts! We’re excited to be back and posting! In today’s update, we’ll dive into Bitcoin’s recent price action and discuss what might be next for the world’s leading cryptocurrency. Price Action After trading within a range from March to October, Bitcoin began a strong uptrend, climbing steadily for over 10 weeks without any meaningful corrections. The first notable correction occurred in the second half of December, with Bitcoin retracing just under 20% from its local top of $108K, reached on December 17th. Currently, price action appears to have established key levels of support around 90k and resistance around $108k. On January 20th, Bitcoin tested resistance once again, briefly reaching a new all-time high (ATH) of $109.4K on Bitstamp, but failed to close above $108K. Will Bitcoin trade within this range of $90K–$108K? Could it break through resistance and continue price discovery? Or are we looking at the potential for a larger correction? We’d love to hear your thoughts! Share your predictions and analysis in the comments below.
BITSTAMP:BTCUSD
by Bitstamp
Bitcoin AnalysisHello fellow traders what do you think about Bitcoin, share thoughts in comments below. I have drawn this chart and it depicts analysis of Bitcoin. The chart highlights the following key features: 1. Range-Bound Momentum: The price is moving within a horizontal range, marked by a green rectangle. The upper boundary is labeled as resistance, and the lower boundary is labeled as support. 2. Resistance Level: The horizontal red line at approximately $109,016 marks the resistance level where the price struggles to break higher. 3. Support Level: The horizontal green line at approximately $98,729 represents the support level where the price tends to bounce back up. 4. Entry Point: A potential entry point is indicated near the middle of the range, aligned with the price of $104,879. 5. Targets: TP1 (Take Profit 1) : Positioned above the support zone at approximately $100,720. This serves as the first profit-taking point. Target: Positioned lower near $98,729, suggesting a bearish outlook if the price breaks support. 6. Bearish Projection : A downward yellow arrow signals the expectation of a potential breakdown from the current range. A purple arrow further emphasizes this bearish target. 7. Trend Context : The price was previously in an uptrend (illustrated by the orange ascending lines), but the chart shows the momentum has shifted into consolidation. This chart analysis focuses on price action within the range, emphasizing potential breakout or breakdown scenarios for trading decisions. Key levels; Bitcoin Sell from current area. 105000 Tp 1 at: 103640 Target at: 101400 SL at 107540 Kindly support me guys. And this is for educational purposes.
BINANCE:BTCUSDShort
by Jacks_Trading_Service
Bearish Bitcoin Move Looms Ahead of FOMC VolatilityThis week is expected to bring heightened volatility to the Bitcoin market due to the Federal Open Market Committee (FOMC) meeting, which typically impacts financial markets significantly. Bitcoin is currently trading at 101,958.3 USD, down 0.57% in the session, and is within a key zone of interest, 102k–96k, which could act as a magnet for price movements due to the significant liquidity below these levels. A short position has been placed at 108,353.0 USD, targeting lower levels within the identified range, with a stop loss positioned at 114,193.4 USD to manage risk effectively in case of a bullish breakout. Multiple take-profit levels have been identified, with the first target at 103,214.5 USD, the second at 102,726.4 USD, and the final target at 92,004.8 USD. The setup is designed to capitalize on the potential downward move while maintaining a controlled risk. Peak profit for this trade is currently noted at 0.71%, with further room for expansion if the price descends into the broader range. Significant liquidation zones are clustered below the 102k level, which may lead to sharp moves downward if triggered. With FOMC week ahead, market participants should expect unpredictable price swings, requiring disciplined execution and adherence to risk management. The bias remains bearish for Bitcoin in the short term, given the current market structure and the presence of strong selling pressure near the identified zones. This short trade setup aligns with the technical and fundamental conditions anticipated for the week, and traders are advised to monitor key levels closely and adjust their positions as necessary to adapt to evolving market conditions.
BINANCE:BTCUSD.PShort
by wolfchemist
BTCUSD Set To Grow! BUY! My dear followers, This is my opinion on the BTCUSD next move: The asset is approaching an important pivot point 10437 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 10510 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
BITSTAMP:BTCUSDLong
by AnabelSignals
1
BTC CONSOLIDATINGBitcoin's daily chart shows that after hitting a new all-time high of $109,358 two days ago, the price has struggled to hold above the key resistance level of $106,099. Despite briefly trading above it, Bitcoin has not managed a daily candle close above this level, reinforcing it as a key resistance to watch. On the downside, Bitcoin has consistently held the $99,860 support level over the past several days. This level remains critical for maintaining the bullish structure. Below this, the next significant support aligns with the 50-day moving average, currently sitting around $98,600, which provides another layer of potential buying interest. For bullish momentum to resume, a daily close above $106,099 is essential. Such a move could reinitiate a challenge of the recent all-time high at $109,358. Conversely, losing $99,860 would signal a potential shift toward a test of the 50-day moving average at $98,600.
COINBASE:BTCUSD
by ScottMelker
BTCUSD:BULLS READY TO TAKE THE CHARGE.ALERT: This analysis is not a trading advice but is for study purpose just. hello my all fellow traders! what do you think about BTCUSD todays trend. trade on your own risk. BTCUSD Current price:10500 BTCUSD tested the lower area of 97600 but it used this zone as support for BTCUSD due to which BTCUSD pumped up. now BTCUSD is back to its bullish trend. Now its next target will be, SUPPORTING AREA:97500 DEMAND ZONE: 104000_109000 kindly support, like and follow me for more Latest updates.
BITSTAMP:BTCUSDLong
by Mr_King_professional
Bitcoin at a Crossroads Will $104K Support Hold the Line ?Bitcoin/USDT market, where price action is confined within a symmetrical triangle pattern. This pattern reflects a period of consolidation and market indecision, as buyers and sellers are evenly matched, leading to a narrowing price range. The eventual breakout from such a formation is often significant, as it indicates the market's chosen direction. A notable observation on the chart is the fakeout above the upper trendline. The price briefly moved past this resistance but failed to hold, retreating back into the triangle. This suggests weak bullish momentum or strong resistance, possibly trapping early buyers and increasing volatility as these positions are unwound. Bitcoin's movement has also impacted altcoins. The retreat within the triangle appears to have triggered another round of declines in altcoin prices. Given Bitcoin's dominance in the crypto market, its stability and direction often dictate broader market trends. A decisive move by Bitcoin is critical for a potential recovery in altcoins. The $104,000 level serves as a crucial support area in the current scenario. A breakdown below this support could lead to intensified selling pressure, with the next potential targets around $102,000 and $100,000. On the other hand, if this level holds, it could act as a foundation for another attempt to break above the triangle's resistance. This would restore market confidence and likely initiate a rally. There are two potential outcomes. A bullish breakout above the triangle, supported by strong volume, could spark upward momentum and drive altcoin prices higher. The measured move target for such a breakout would typically equal the height of the triangle projected upward. Alternatively, if Bitcoin fails to hold $104,000, the bearish scenario would see a breakdown below the lower trendline, resulting in a deeper correction. Volume analysis is essential in this context. A genuine breakout is often accompanied by significant trading volume, while low-volume moves are more likely to reverse or fail. Traders should remain cautious, especially as the price approaches the apex of the triangle, where volatility tends to spike. Bitcoin's price action is also influenced by external factors such as market sentiment, news events, and broader macroeconomic conditions. Considering these elements alongside the chart structure is essential for a comprehensive analysis. Traders should wait for a confirmed breakout above or below the triangle before taking directional positions, with stop-losses in place to manage risk effectively.
BINANCE:BTCUSD.P
by wolfchemist
BTC/USD Symmetrical MovementOverview: Bitcoin (BTC/USD) is showing symmetrical movement between two significant zones, with resistance at 108,000 and support near 92,000. The price currently trades near the upper resistance level, hinting at potential reversal or breakout scenarios. Key Levels: Resistance Zone: 108,000 – A key barrier where sellers have consistently stepped in. Support Zone: 92,000 – A strong demand area that has acted as a floor in recent price action. Possible Scenarios: Bearish Rejection: If BTC faces rejection at the resistance zone, we could see a pullback toward the support area around 92,000. A breach of this support may extend the bearish move further. Bullish Breakout: If BTC breaks and holds above the 108,000 resistance, the price could aim for higher levels, confirming a bullish continuation. Range-bound Trading: Consolidation between 108,000 and 92,000 is another possibility, providing scalping opportunities within the range.
BITSTAMP:BTCUSD
by Charts_M7M
Bitcoin Has Overbought Bearish DivergenceThe 4-hour Bitcoin line chart is displaying a textbook example of bearish divergence, one of the most reliable signals for potential trend reversals. This divergence is evident as price formed a higher high, while the RSI simultaneously printed a lower high. The RSI was previously overbought, another classic component that enhances the validity of this signal. This is my favorite local top signal. Using the line chart for spotting divergence provides a cleaner view, removing noise from intrabar fluctuations. This method highlights the contrast between the weakening momentum (as shown by the declining RSI) and the continued upward push in price. The divergence suggests that bullish momentum has waned and increases the likelihood of a short-term pullback or consolidation phase. Traders should exercise caution here, as divergence doesn't guarantee immediate reversal but rather signals a potential shift in momentum. Watching for a break of recent local support or further weakening RSI will be key in confirming this bearish divergence as a precursor to further downside movement.
COINBASE:BTCUSD
by ScottMelker
Hi chances on reversalMorning folks, So, by introducing $Trump Token, old Donny has put the start of global US Dollar devaluation. And Melania probably will add today... All our short-term targets are done - weekly grabbers and H&S failure has worked fine, BTC has challenged the top of 108K. We consider this action as hype and emotional. Mostly due euphoria around D. Trump inauguration. Due to oversold on Monthly and Daily time frames, chances on reversal are significant. So we intend to watch for DRPO "Sell" pattern on weekly chart. Still, Donny could tell us a lot today, and madness could continue a little bit. We do not exclude that BTC could try to reach nearest upside extension around 113.5K before reversal starts. We do not call right now for taking short positions, let's see what will be on Thu, prefer to wait for patterns and signs for reversal first. But we call to consider long positions close or, at least tight stops around them. Take care.
COINBASE:BTCUSDShort
by Sive-Morten
Wen Sell BTC ? | Bitcoin Price Action Scenarios for 2025Alexa play the Mingle Game Song “Round and Round” you may watch Squid Game2 and enjoy it but 2025 is exactly the same for crypto market! at some point whales will stop the song and the butchery begins so while you enjoying Moons day you must get ready for Dooms day 2024 was a pivotal year for crypto, setting the stage for what many are calling the "Golden Age of Crypto." While this new era may be upon us, we anticipate that crypto prices will likely peak within the next 12 months, following an exciting rally. However, after reaching this peak, another significant price decline seems inevitable though likely less severe than previous cycles, especially for major cryptocurrencies. If you're unfamiliar with crypto's history, it tends to move in 4year cycles: 3 years of bullish momentum followed by 1 year of a bearish downturn. This pattern has been remarkably consistent so far. The chart you see illustrates this trend, with green lines marking Bitcoin's cycle peaks and red lines indicating the lows. Interestingly, the duration between peaks and troughs has been almost identical across the last three cycles. The time between consecutive peaks is also fairly consistent, though we only have two complete cycles of data to analyze. Based on historical averages, we could expect a peak around October 2025 and a bottom around November 2026. Will it play out exactly like this? Probably not! maybe YES!! markets rarely align so neatly. Plus, these cycles won't last forever; this could very well be the final one. Still, I believe the crypto market will likely top out sometime in 2025 or early 2026, regardless of the bullish catalysts (Trump, crypto ETFs, strategic Bitcoin reserves) In this idea, we gonna talk about : - Potential scenarios for how this cycle might unfold in 2025 - Expected pullbacks during the year - Sell strategy for this cycle The key takeaway is to stay flexible and not fixate on any specific prediction. Understand the possibilities and prepare for unexpected pullbacks or market tops. Knowledge is power, and this idea aims to empower you in what could be one of the most critical years ever for crypto investors. Short Term Expectations & Probabilities Q1 2025: “Death & Taxes” there is a chance for market pullback in early January This outlook is partly based on global liquidity trends and partly on historical performance. For instance, in the 2016-17 bull market, following Trump’s November 2016 victory, Bitcoin saw a December rally before experiencing a steep 38% correction starting January 4th. Let’s Revisit the Last Cycle: Bitcoin Price Action in 2020-21 look at how Bitcoin performed during the 2020-21 bull market. In this cycle, Biden won the election, and crypto markets surged through November and December. However, a significant pullback of 32% began on January 7th—eerily similar to the pattern from the previous cycle. The Role of Seasonality in Markets Markets, at their core, are driven by human behavior. Even with bots and AI handling many trades, these systems operate under human instruction and decision-making. Seasonality often influences market trends, particularly at the start of the year, when pullbacks are common. One key reason? Profit taking for tax efficiency. January Pullbacks In both the 2016 and 2020 cycles, crypto investors had a great year, making January an ideal time to lock in profits. Why not sell in December instead? Selling on December 31st means paying taxes on capital gains by March of the following year in the US By waiting until January 1st, investors effectively defer their tax payments to the next year, giving them an additional 12 months to reinvest their gains before taxes are due. In the crypto space dominated by individual investors with significant gains this tax strategy often amplifies January pullbacks. March Pullbacks Historical data also shows noticeable pullbacks in March: - March 8, 2017 - March 14, 2021 Why? This is when many investors sell to pay their tax bills in the U.S. Some may have sold earlier (e.g., in January) and are now liquidating assets to pay their "loan" from the government. Others may simply need to cash out to meet tax obligations. Even if not all investors are selling for taxes, the narrative surrounding tax-driven March pullbacks tends to perpetuate itself, effectively "meming" these declines into reality. While pullbacks can occur at any time, history suggests that January and March are more likely to see declines for these reasons. May Pullbacks: “Sell in May and Go Away” Looking at broader market trends, it’s worth noting that U.S. stock indexes have historically performed better between November and April compared to May through October. This pattern has held true since the 1970s and often applies to crypto as well. Bitcoin’s Seasonal Struggles: Summer Slump When examining Bitcoin’s average monthly performance since 2010, its four worst-performing months are consistently June, July, August, and September. For a clearer picture, take a look at Bitcoin’s price chart from 2020 to today. Ouch! This aligns with the old investment adage: Sell in May and go away. Judging by Bitcoin’s historical performance, it’s hard to argue with the results. Why Does This Happen? The theory behind this trend may sound a bit absurd, but it’s worth exploring. After May, summer rolls around, and the ultra-wealthy—the bankers, fund managers, and other key players managing the world’s capital tend to take vacations. In the U.S., they head to the Hamptons. In the U.K., it’s Spain, Italy, or Greece. With these power players lounging on their beachfront properties, away from their desks and screens, market activity slows down. Fewer trades mean reduced liquidity, effectively putting the markets on pause. It’s as if the financial elite collectively agree to press “pause” in May and resume the game in October. Even in Bullish Markets! This seasonal trend can impact markets even during strong bull runs. For example, in 2017, Bitcoin soared from under $1,000 in January to $20,000 by December. However, a pullback started on May 25th. Although prices rallied briefly in August, by mid-September Bitcoin had returned to its May peak price. It wasn’t until October that things went parabolic, leading to an explosive 10x move by year’s end. This historical pattern emphasizes the importance of staying cautious during the summer months. While markets may see some rallies, the overall trend has been consistently weak during this period. The 2021 Cycle: Front Running the Summer Slump A similar pattern played out in 2021, though it appeared that some investors tried to front-run the summer dip. Bitcoin’s price began declining on April 17, earlier than usual. After a brief rally, mid-May saw a dramatic 50% drop. While prices recovered somewhat over the summer, the real momentum didn’t kick in until October. Again, this doesn’t guarantee how the first half of 2025 will unfold, but it’s worth considering these historical trends as possibilities. H2 2025: “History Doesn’t Repeat, But It Often Rhymes When looking at the second half of the year, historical patterns don’t offer as much detail except for one key insight: Q4 tends to be a standout quarter for crypto during the “number go up” years of the cycle. The phrase “sell in May and go away” could easily extend to “until October” for crypto investors, as this strategy has historically performed well. In past cycles, the final quarter of the 4-year cycle (which 2025 would be if the pattern holds) has often marked the peak. This is typically followed by a sharp downturn: - 2013: Top in November - 2017: Top in December - 2021: Top in November If history is any guide, 2025 could follow a similar trajectory, with Q4 delivering explosive price action potentially leading to a cycle top and a subsequent correction. Expert Predictions for Bitcoin in 2025 The founder of Pantera, whose Bitcoin fund boasts a staggering 130,000% return, forecasts that August 2025 will mark the peak of this cycle. He aligns with the broader sentiment that 2025 will be a bull market, followed by a downturn in 2026. He also believes it’s entirely plausible for Bitcoin’s price to increase tenfold over the next 5–10 years Meanwhile, James Butterfill, head of research at CoinShares, predicts Bitcoin’s price will range between $80,000 and $150,000 in 2025. He notes that the lower end of the range may reflect market corrections if Trump fails to deliver on pro crypto policies, while the upper target could be supported by a favorable U.S. regulatory environment Looking beyond 2025, Butterfill envisions Bitcoin’s market value rising from its current 10% of the gold market to 25%, potentially driving the price to $250,000. However, he cautions that reaching this milestone within 2025 may prove super challenging. If you dig up my old BTC charts, you’ll see I was screaming bullish while everyone else was crying in the corner at $ 16k. But now? BTC doesn’t even phase me anymore. 2025 is Altcoin time! It’s gem szn, and I’m here for the treasure hunt
BITSTAMP:BTCUSDLong
by moonypto
6
Bitcoin's Bullish Again Bitcoin's price movement, indicating a potential bullish reversal from the support area near $96,882. The price has formed a base at this level and is showing signs of upward momentum. A buy entry is suggested above $102,494, targeting the resistance levels at $ 108,000 (TP1) and $113,000 (TP2). The green shaded zones represent resistance areas, where price action may face selling pressure. A breakout above these levels could confirm bullish strength. Conversely, if the price breaks below the support area, further downside could occur. This setup reflects a balance between technical support and resistance, favoring long positions if the momentum persists. NOTE: This Analysis For educational purposes only not a trading advice Must support me and share your openion in comment section thanks trade safe
BITSTAMP:BTCUSDLong
by AMELIA_Fx