Bitcoin is currently consolidating inside a symmetrical triangle on the 1H timeframe, preparing for a strong move in either direction!
Key Levels to Watch:
📌 Breakout Target: $105,939 (+18%) 🚀
📌 Breakdown Target: $73,429 (-18%) ⚠️
📌 Resistance Zone: $92,000 (important breakout level)
📌 Support Zone: $84,000 (potential breakdown zone)
Technical Analysis:
🔹 BTC is forming a symmetrical triangle, which typically leads to a strong breakout or breakdown.
🔹 A breakout above $92,000 could send Bitcoin towards $105,939.
🔹 A breakdown below $84,000 could push BTC towards $73,429.
🔹 Confirmation with volume is key before entering a trade!
Trade Plan:
✅ Bullish Scenario: Buy above $92,000, target $105,939
❌ Bearish Scenario: Short below $84,000, target $73,429
🎯 Wait for a confirmed breakout or breakdown before entering a position.
Bitcoin is at a critical decision point—which way will it go? Let me know your thoughts in the comments! 🚀👇
Key Levels to Watch:
📌 Breakout Target: $105,939 (+18%) 🚀
📌 Breakdown Target: $73,429 (-18%) ⚠️
📌 Resistance Zone: $92,000 (important breakout level)
📌 Support Zone: $84,000 (potential breakdown zone)
Technical Analysis:
🔹 BTC is forming a symmetrical triangle, which typically leads to a strong breakout or breakdown.
🔹 A breakout above $92,000 could send Bitcoin towards $105,939.
🔹 A breakdown below $84,000 could push BTC towards $73,429.
🔹 Confirmation with volume is key before entering a trade!
Trade Plan:
✅ Bullish Scenario: Buy above $92,000, target $105,939
❌ Bearish Scenario: Short below $84,000, target $73,429
🎯 Wait for a confirmed breakout or breakdown before entering a position.
Bitcoin is at a critical decision point—which way will it go? Let me know your thoughts in the comments! 🚀👇
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.