BTC Analysis: Key Levels and Trends to Watch
Current Price 
BTC
Bitcoin is trading near $97,430, down 4.88% from its recent high of $102,783, signaling resistance at higher levels.
Support & Resistance:
Support:
$60,491 (key demand zone).
Resistance:
$107,261 (critical upper resistance).
Volume:
Decreasing volume in recent months indicates reduced momentum, with $60,491 as the strongest volume-supported level.
Scenarios:
Bullish: Breaking $107,261 could push Bitcoin toward $120,000.
Bearish: Losing $87,500 may lead to a drop to $60,491.
#Bitcoin
’s macro trend remains bullish as long as $60,491 holds. Monitor $87,500 as a key level for downside protection, with targets in the $104,000-$107,000 range for the short term.
BTCBitcoin is trading near $97,430, down 4.88% from its recent high of $102,783, signaling resistance at higher levels.
Support & Resistance:
Support:
$60,491 (key demand zone).
Resistance:
$107,261 (critical upper resistance).
Volume:
Decreasing volume in recent months indicates reduced momentum, with $60,491 as the strongest volume-supported level.
Scenarios:
Bullish: Breaking $107,261 could push Bitcoin toward $120,000.
Bearish: Losing $87,500 may lead to a drop to $60,491.
#Bitcoin
’s macro trend remains bullish as long as $60,491 holds. Monitor $87,500 as a key level for downside protection, with targets in the $104,000-$107,000 range for the short term.
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Trader | Investor | Creator |
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.