Bitcoin hanging on support!
Bitcoin testing the 200 EMA on the 4-hour timeframe as support. If it holds, we might see a bounce toward 100K. A break below could lead to further downside, with support around 92K. Keep an eye on volume for confirmation of the next move.
Key Levels to Watch:
Immediate support: $96,325 (EMA 200).
Resistance: $97,777 (recent swing high).
Next support below EMA 200: $92,000.
Key Levels to Watch:
Immediate support: $96,325 (EMA 200).
Resistance: $97,777 (recent swing high).
Next support below EMA 200: $92,000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.