BTC Price once again failed to break the 112K resistance and is now consolidating around the 110K level. A breakdown below 110K support could trigger further sell-side pressure If confirmed, the next key downside target lies at 106K, which remains a strong support zone within the current downtrend cycle.
Fundamental Outlook:
Despite the short-term bearish technical setup, the broader fundamental background remains positive. If support levels hold, the market may stabilize and potentially resume an upward move in line with the longer-term bullish narrative.
You may find more details in the chart.
Trade wisely best of Luck Buddies.
Ps; Support with like and comments for better analysis Thanks for Supporting.
Fundamental Outlook:
Despite the short-term bearish technical setup, the broader fundamental background remains positive. If support levels hold, the market may stabilize and potentially resume an upward move in line with the longer-term bullish narrative.
You may find more details in the chart.
Trade wisely best of Luck Buddies.
Ps; Support with like and comments for better analysis Thanks for Supporting.
Trade ativo
Nota
Join My telegram Channel
t.me/FOREX_GOLD_SIGNALS_11
Free Forex Signals
t.me/Jamessignals11
t.me/FOREX_GOLD_SIGNALS_11
Free Forex Signals
t.me/Jamessignals11
Publicações relacionadas
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.
Join My telegram Channel
t.me/FOREX_GOLD_SIGNALS_11
Free Forex Signals
t.me/Jamessignals11
t.me/FOREX_GOLD_SIGNALS_11
Free Forex Signals
t.me/Jamessignals11
Publicações relacionadas
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.