Bitcoin / TetherUS
Updated

Bitcoin is hunting for liquidity, What's next?

581
📊 After attempting to break 100K, Bitcoin faced another rejection.

What’s happening now?

The SMA shows that Bitcoin is still in a short-term downtrend, struggling to gain momentum.
Right now, it’s hovering around $96,400 – $96,500, trying to stabilize.

The key support to watch is $94,400 – $94,600—if it holds, we could see a bounce. If not, things might get shaky.

On the upside, Bitcoin needs to break 100K first before making a real move toward 103K and beyond.

For now, all eyes are on the 94K support.
Will BTCUSDT hold or dip lower? What do you think?
Trade active
Note
Idea updated:
Bitcoin's Current Playbook

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.