Bitcoin

BTCUSD Chart Analysis 15mints check Captain

This chart is a 15-minute candlestick chart of Bitcoin (BTC) against the US Dollar (USD) from Bitstamp on TradingView.

Key Elements:

1. Candlestick Chart:

Each candlestick represents 15 minutes of price movement.

Green candles indicate price increases, while red candles indicate price decreases.



2. Current Price:

96,049 USD, shown in red on the right.

A small decrease of 76 USD (-0.08%).



3. Support and Resistance Levels:

96,901 USD (Resistance): A key level where price has previously faced selling pressure.

95,662 USD (Support): A level where price has found buying interest before.



4. Market Behavior:

The price is fluctuating within a range between the support (95,662) and resistance (96,901).

A breakout above 96,901 could indicate a bullish move.

A breakdown below 95,662 could indicate further downside.




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