Since BTC is currently trading around $93,680, it has already broken above this resistance, which now becomes a support level.
This breakout confirms bullish strength, especially if the price holds above $91,900 on the 1H or daily close
Target at $94,400
This level likely aligns with minor fib retracements or previous local highs. A move to this level makes sense in the current trend.
Look for volume confirmation and momentum indicators like RSI or MACD continuing upward to support the breakout.
Target at $95,000
This is a psychological resistance and a potential take-profit level for swing traders.
If BTC closes above $94,400 convincingly, $95,000 becomes the next key level.
Watch for fakeouts or price rejection near $94,000–$95,000 zones.
If BTC drops back below $91,900, it could re-enter consolidation or trigger short-term bearish correction.
This breakout confirms bullish strength, especially if the price holds above $91,900 on the 1H or daily close
Target at $94,400
This level likely aligns with minor fib retracements or previous local highs. A move to this level makes sense in the current trend.
Look for volume confirmation and momentum indicators like RSI or MACD continuing upward to support the breakout.
Target at $95,000
This is a psychological resistance and a potential take-profit level for swing traders.
If BTC closes above $94,400 convincingly, $95,000 becomes the next key level.
Watch for fakeouts or price rejection near $94,000–$95,000 zones.
If BTC drops back below $91,900, it could re-enter consolidation or trigger short-term bearish correction.
Disclaimer
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.
Disclaimer
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.