Bitcoin is currently trading within a converging triangle pattern – a setup every trader knows often signals an imminent breakout. The price is sitting between the EMA 34 and EMA 89, consolidating right above the long-term ascending trendline, indicating that buying pressure is still quietly in control.
The 105,000 – 106,000 USDT area is the key resistance zone to watch. If BTC breaks through this level decisively, it could trigger a new bullish wave aiming for 110,000+.
On the news front, market sentiment has turned optimistic again after the SEC Chairman hinted at the possibility of approving more Bitcoin ETFs in the upcoming quarter. This has given a strong psychological boost to the buying side.
The 105,000 – 106,000 USDT area is the key resistance zone to watch. If BTC breaks through this level decisively, it could trigger a new bullish wave aiming for 110,000+.
On the news front, market sentiment has turned optimistic again after the SEC Chairman hinted at the possibility of approving more Bitcoin ETFs in the upcoming quarter. This has given a strong psychological boost to the buying side.
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Top trading opportunities are waiting for you! : t.me/+aljKUwb-ar1jNDg1
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
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.