# Price Trends: Bitcoin is trading above key exponential moving averages (EMAs) on daily charts (20-day: $108,285; 50-day: $105,843; 100-day: $101,952; 200-day: $95,985), signaling sustained bullish momentum.
# Support and Resistance:Support: $110,000–$111,909 is a critical support zone. A drop below could test $105,000 or $101,000.
# Resistance: $125,724–$126,000 is the next hurdle. A breakout above could target $145,000–$150,000
Chart for your reference
~~ Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
# Support and Resistance:Support: $110,000–$111,909 is a critical support zone. A drop below could test $105,000 or $101,000.
# Resistance: $125,724–$126,000 is the next hurdle. A breakout above could target $145,000–$150,000
Chart for your reference
~~ Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
renderwithme
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.
renderwithme
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.