Hello guys!
Bitcoin has been trading inside a clear range after breaking the previous trendline.
We had a Supply & Demand (S&D) reaction at the range’s beginning, and price is now moving lower after failing to hold above the broken trendline.
Currently, Bitcoin is approaching the demand zone (highlighted in blue). If price respects this area, we could see a bounce. Otherwise, a breakdown could trigger further downside movement along the lower channel.
For now, the bias remains cautious, watching how the price reacts to the 111,000–112,000 USDT zone will be key.
Bitcoin has been trading inside a clear range after breaking the previous trendline.
We had a Supply & Demand (S&D) reaction at the range’s beginning, and price is now moving lower after failing to hold above the broken trendline.
Currently, Bitcoin is approaching the demand zone (highlighted in blue). If price respects this area, we could see a bounce. Otherwise, a breakdown could trigger further downside movement along the lower channel.
For now, the bias remains cautious, watching how the price reacts to the 111,000–112,000 USDT zone will be key.
Dagangan ditutup: sasaran tercapai
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
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My recommended Exchange -> YEX: bit.ly/YEX-M
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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.