BITCOIN Reaches Critical Level - Will Bitcoin Sell Off?

há 7 dias

BTCUSD is reached a significant resistance zone, aligning with past price rejections and a strong supply area. This region has historically triggered strong selling pressure, making it a key level to watch.

If price struggles to break higher and forms bearish signals—such as rejection wicks, a bearish engulfing candle, or a shift in order flow—a pullback toward $102,500 could follow. This would confirm sellers stepping in to defend the level.

However, if BTC manages a strong breakout and holds above resistance, bullish momentum could extend further, invalidating the short setup.

Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management!

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Best of luck , TrendDiva

há 7 dias

Trade ativo

há 7 dias

Trade fechado: objetivo atingido

Target reached