Bitcoin / TetherUSPanjang
Bitcoin’s Price Squeeze—What’s Next?
Bitcoin (BTC) is currently consolidating within a marked accumulation zone after facing resistance near its all-time high (ATH). The price is fluctuating within a broad range of approximately $17,800, indicating a phase of indecision between buyers and sellers.
The key observation is that a previous resistance trendline has now flipped into support, showing a potential shift in market sentiment. Additionally, the 100-day EMA around $93,458 is providing dynamic support, reinforcing this bullish structure.
The key support zone (highlighted in green) remains critical; as long as BTC holds above this area, the bias leans bullish. A breakout above the accumulation range could trigger a strong upward move, potentially retesting the ATH. Conversely, if BTC loses the support of both the trendline and the 100 EMA, it may lead to a deeper correction toward lower support levels.
The key observation is that a previous resistance trendline has now flipped into support, showing a potential shift in market sentiment. Additionally, the 100-day EMA around $93,458 is providing dynamic support, reinforcing this bullish structure.
The key support zone (highlighted in green) remains critical; as long as BTC holds above this area, the bias leans bullish. A breakout above the accumulation range could trigger a strong upward move, potentially retesting the ATH. Conversely, if BTC loses the support of both the trendline and the 100 EMA, it may lead to a deeper correction toward lower support levels.
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.