BitcoinShort
Bitcoin (BTC/USD) 1H Chart Analysis
💹 Bitcoin (BTC/USD) 1H Chart Analysis
The price is testing a critical supply zone between 101,743.30 and 102,596.54, signaling potential resistance.
Key Observations:
🔸 Resistance Zone: A breakout above 102,596.54 could signal further bullish momentum.
🔸 Support Zones: Watch for key levels at 98,855.00 and the strong demand zone near 91,755.54.
📉 If the price faces rejection here, we may see a retracement toward lower levels.
📈 If bullish momentum continues, we could target new highs!
What’s your BTC strategy—bullish or bearish? Let’s discuss! 🚀
#Bitcoin #BTCUSD #CryptoTrading #PriceAction #TechnicalAnalysis #TradingView #CryptoAnalysis
The price is testing a critical supply zone between 101,743.30 and 102,596.54, signaling potential resistance.
Key Observations:
🔸 Resistance Zone: A breakout above 102,596.54 could signal further bullish momentum.
🔸 Support Zones: Watch for key levels at 98,855.00 and the strong demand zone near 91,755.54.
📉 If the price faces rejection here, we may see a retracement toward lower levels.
📈 If bullish momentum continues, we could target new highs!
What’s your BTC strategy—bullish or bearish? Let’s discuss! 🚀
#Bitcoin #BTCUSD #CryptoTrading #PriceAction #TechnicalAnalysis #TradingView #CryptoAnalysis
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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.
fxforever
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.