Bitcoin (BTCUSD) is showing a potential bullish continuation pattern on the 15-minute chart. Price is currently near a rising trendline support, with a possible bounce forming. The projected move suggests a strong upside if the support holds. Key levels to monitor include the recent low around 104,773 and upside target near 107,000. The setup indicates a favorable risk-reward structure. This is a technical analysis perspective and intended for charting reference.
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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.