📍 Current Price: $110,302
Bitcoin is going up again after bouncing near $100K. The chart still shows a strong uptrend.
🔸 Support Zone at $99,763 – $102,044:
This is a strong support area. If Bitcoin drops here again, it’s a good place to buy. Many traders already have buy orders in this zone.
🔸 Breakout Level at $110,324:
If Bitcoin moves above $110,324 and stays above it, it could quickly go up to $115K or even $120K. That would complete the "cup and handle" pattern.
🔸 Target:
✅ First Target: $115,000
✅ Second Target: $120,000
🔸 Risk Level:
If Bitcoin drops below $99,000, the bullish trend might be over.
🔸 Important Event:
CPI (inflation report) is coming on June 11. It could cause sudden price moves. Be ready for fake drops or fast jumps.
🔸 What to Do:
If price goes above $110,324 → look to buy for $115K or $120K.
If price comes down to $99K–$100K → it's a good area to buy again.
If it falls below $99K → stay careful, trend may change.
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.