Bitcoin is currently trading within a flat channel on the daily chart, exhibiting a slight downward trend. A clear resistance area is visible at 102,000, which is expected to trigger a reversal, potentially leading to a significant downturn.
Trade Setup:
- Entry Zone: 102,000 - 102,500
- Stop Loss: 103,300
- Take Profit Levels:
TP1: 100,000
TP2: 98,000
TP3: 96,000
Trade Setup:
- Entry Zone: 102,000 - 102,500
- Stop Loss: 103,300
- Take Profit Levels:
TP1: 100,000
TP2: 98,000
TP3: 96,000
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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.