Bitcoin has recently completed a break of structure within its internal framework, positioning its current price range between $85,000 and $93,300. Following this significant surge, a retracement is anticipated, with the closest retracement zone identified between $90,500 and $88,900, which aligns with Bitcoin’s equilibrium level.
🔑 Key Observations:
1️⃣ Above $88,900: As long as the price stays above this level, Bitcoin is expected to maintain its upward momentum. ⭐️⚡️
2️⃣ Below $88,900: A break below this threshold could trigger a move toward the nearest support zone at $86,000, marked in blue on the chart.
The bullish scenario for potential higher prices is illustrated in white on the chart, while the corrective scenario, indicating a possible downward movement, is shown in yellow.
Stay alert to these key levels and trends to optimize your trading strategy.
Follow for regular updates! ✅
🔑 Key Observations:
1️⃣ Above $88,900: As long as the price stays above this level, Bitcoin is expected to maintain its upward momentum. ⭐️⚡️
2️⃣ Below $88,900: A break below this threshold could trigger a move toward the nearest support zone at $86,000, marked in blue on the chart.
The bullish scenario for potential higher prices is illustrated in white on the chart, while the corrective scenario, indicating a possible downward movement, is shown in yellow.
Stay alert to these key levels and trends to optimize your trading strategy.
Follow for regular updates! ✅
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.