Bullish Technical Outlook
BTC is currently consolidating just below a massive psychological resistance zone near $100K This area has become a key range zone, acting as both a barrier and a potential launchpad.
Accumulation patterns suggest that large players are building positions during this sideways structure. Breakout from this zone could trigger buy-side liquidity sweep. We're seeing a bullish flag/pennant forming on the higher time frames (Daily/Weekly), often a continuation signal in strong uptrends.
Momentum: RSI and MACD indicators on higher timeframes are coiled up and ready for a volatility expansion move.
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BTC is currently consolidating just below a massive psychological resistance zone near $100K This area has become a key range zone, acting as both a barrier and a potential launchpad.
Accumulation patterns suggest that large players are building positions during this sideways structure. Breakout from this zone could trigger buy-side liquidity sweep. We're seeing a bullish flag/pennant forming on the higher time frames (Daily/Weekly), often a continuation signal in strong uptrends.
Momentum: RSI and MACD indicators on higher timeframes are coiled up and ready for a volatility expansion move.
If you like this idea if you have on Opinion about this analysis share in comments Thanks for Supporting.
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✅Join my Telegram Channel
t.me/+Ej9-J05H-g1mOGY0
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✅Join my Telegram Channel
t.me/+Ej9-J05H-g1mOGY0
Penerbitan berkaitan
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.