BTC is trading within a well-defined ascending channel, with the price currently at $97,400, after breakout and retest of weekly high resistance around $95,800. The channel’s upper boundary projects a potential target of $104,000 if BTC continues to move upward over the week!
Key resistance levels to watch are $98,000 and $100,000, while support lies at $96,200 and the channel’s lower boundary at $95,000.
A breakout above $100,000 could ignite a rally toward $104,000, but if BTC fails to hold support at $96,000, we might see a dip back to $94,400-93,000.
Key Levels to Watch:
Will BTC soar to new heights, or are we in for a pullback? Let’s hear your thoughts below!
Key resistance levels to watch are $98,000 and $100,000, while support lies at $96,200 and the channel’s lower boundary at $95,000.
A breakout above $100,000 could ignite a rally toward $104,000, but if BTC fails to hold support at $96,000, we might see a dip back to $94,400-93,000.
Key Levels to Watch:
Resistance: $100,000, $98,000
Support: $96,000, $94,000
Breakout Target: $104,000+
Breakdown Risk: $93,000
Will BTC soar to new heights, or are we in for a pullback? Let’s hear your thoughts below!
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.