Bitcoin-$100K Breakout or Pullback Ahead?
Bitcoin remains in a tight consolidation phase after rebounding from key support.
Support at $93,700 Holding: BTC has successfully defended the ascending trendline and 200 EMA, showing strong buyer interest around this level.
Range-bound movement: The price continues to hover between the ATH resistance and the lower support, forming a key accumulation zone.
Breakout Watch: A daily close above the $100,000 resistance could lead to a breakout, while a failure to hold support may trigger a correction.
Traders should keep an eye on BTC’s next move, as volatility could increase soon.
Support at $93,700 Holding: BTC has successfully defended the ascending trendline and 200 EMA, showing strong buyer interest around this level.
Range-bound movement: The price continues to hover between the ATH resistance and the lower support, forming a key accumulation zone.
Breakout Watch: A daily close above the $100,000 resistance could lead to a breakout, while a failure to hold support may trigger a correction.
Traders should keep an eye on BTC’s next move, as volatility could increase soon.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.