Technical Analysis (Bitcoin - 1H Chart)
BTC/USD has shown strong bullish momentum, breaking above the point of interest (~$88,000-$89,000) and continuing higher. The next key level to watch is the target area at $99,344, which could act as a strong resistance.
If price retraces, the point of interest may serve as a potential support zone for further upside continuation. A break below this level could indicate weakness and shift momentum.
If you enjoy, press the like button.
BTC/USD has shown strong bullish momentum, breaking above the point of interest (~$88,000-$89,000) and continuing higher. The next key level to watch is the target area at $99,344, which could act as a strong resistance.
If price retraces, the point of interest may serve as a potential support zone for further upside continuation. A break below this level could indicate weakness and shift momentum.
If you enjoy, press the like button.
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Related publications
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.