BitcoinTelah dikemas kini What else stands in the way of BTC reaching $120,000?
What else stands in the way of BTC reaching $120,000?
Looking at the daily timeframe, the asset has bounced off the $92,000 support level seen a few weeks ago.
The $100,000 level was recently breached, allowing for a gradual rise towards the $110,000 level and possibly even higher.
The RSI suggests that momentum remains bullish and the market could soon rebound towards the $120,000 level.
4-Hour Chart
The recent low price action can be clearly seen on the 4-hour chart. BTC has been stuck between the $108,000 and $108,000 levels for the past ten days or so.
This has led to a lot of uncertainty regarding the recent market action.
However, the overall market structure remains bullish and a breakout above the $108,000 resistance level is more likely than a bearish reversal.
Looking at the daily timeframe, the asset has bounced off the $92,000 support level seen a few weeks ago.
The $100,000 level was recently breached, allowing for a gradual rise towards the $110,000 level and possibly even higher.
The RSI suggests that momentum remains bullish and the market could soon rebound towards the $120,000 level.
4-Hour Chart
The recent low price action can be clearly seen on the 4-hour chart. BTC has been stuck between the $108,000 and $108,000 levels for the past ten days or so.
This has led to a lot of uncertainty regarding the recent market action.
However, the overall market structure remains bullish and a breakout above the $108,000 resistance level is more likely than a bearish reversal.
Dagangan aktif
Dagangan ditutup: sasaran tercapai
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.