BTC is testing a key resistance zone after breaking down from an ascending channel.
A descending trendline is acting as resistance, preventing further upside movement.
The rejection from this level increases the probability of a bearish continuation.
A potential breakdown could push BTC toward $93,000, aligning with a strong demand zone.
⚠️ Key Levels:
📌 Resistance: $96,300 – $96,500
📌 Support: $93,000 – $93,300
🔻 If price fails to break above resistance, a downward move is likely. Bears should watch for confirmation before entering short positions.
💬 What’s your take? Will BTC drop, or is another breakout coming? Let me know in the comments! 👇
A descending trendline is acting as resistance, preventing further upside movement.
The rejection from this level increases the probability of a bearish continuation.
A potential breakdown could push BTC toward $93,000, aligning with a strong demand zone.
⚠️ Key Levels:
📌 Resistance: $96,300 – $96,500
📌 Support: $93,000 – $93,300
🔻 If price fails to break above resistance, a downward move is likely. Bears should watch for confirmation before entering short positions.
💬 What’s your take? Will BTC drop, or is another breakout coming? Let me know in the comments! 👇
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.