My Analysis for #Btcusd is #Bullish & My Targets are 📈 1) $97000 📈 2) $99500 📈 3) $101500 📈 4) $102800
It might retest the support area before hitting the targets but is expected to remain #Bullish
📈Bullish Continuation: Stabilization above $93000 & $91500 will support our bullish targets till resistance zone $101500 to $102800 & crossing the resistance zone of $101500 & $102800 could lead to a demand zone around $106000
📉Bearish Trigger: If BTC drops below $91000 it may shift into a bearish trend targeting $79500 & $73000
Best of luck Everyone 👍 Trade wisely and stay Connected Please Like Follow & Support Me If you Like My Analysis. thanks 🙏
Trade active
BTCUSD Analysis Update ⚠️
On 29th December 2024 my analysis predicted a bullish trend for #BTCUSD with a possibility of retesting the support area before targeting higher levels.
Here's how it played out👇
📉 Support Test:
BTC retested the support area at $91300, as anticipated in my analysis, confirming the expected market behavior.
📈 Bullish Move:
After stabilizing above the support #BTC began its bullish journey reaching $94636 an impressive movement (300 pips) from the support zone. And 330 Pips from support Area to till Now .
Performance Recap:
Each 1K move equals 100 pips.
From $94349 to $91300 &
From $91300 to $94600 the market moved (630 pips)
300 Pips in Sell &
330 Pips in Buy
Keep Supporting for more analysis and targets . Thanks 🙏
Trade closed: target reached
BTCUSD Analysis Update ⚠️
First Targets Achieved: My first target of $97000 & 99500 has archived successfully
BTCUSD rallied further breaking through both targets and touching $99800 marking a significant bullish milestone.
Performance Recap
Total movement from the support level of $91300 to $99800 is 850 pips
Waiting for our next Targets Hitting
Keep Supporting for more analysis and targets thanks 🙏
Note
Btcusd hitting resistance zone , amazing target hitting going on from 91300 to 102500 . trade still active my eyes on supply zone
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.