Scenario 1:
A potential pullback in Bitcoin may extend towards the 93,900 support zone. If this level holds, the price could enter a sideways consolidation phase between 96,000 and 96,500, suggesting a neutral short-term structure.
Scenario 2:
In an alternative scenario, the retracement could deepen towards the 92,750–93,250 support range. A rebound from this region may again lead to lateral price action within the 96,000–96,500 zone, indicating a stabilization phase following the correction.
A potential pullback in Bitcoin may extend towards the 93,900 support zone. If this level holds, the price could enter a sideways consolidation phase between 96,000 and 96,500, suggesting a neutral short-term structure.
Scenario 2:
In an alternative scenario, the retracement could deepen towards the 92,750–93,250 support range. A rebound from this region may again lead to lateral price action within the 96,000–96,500 zone, indicating a stabilization phase following the correction.
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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.