#BTCUSDT | DAILY TIMEFRAME UPDATE
If you check the daily chart of #Bitcoin, you'll notice that #BTC has been ranging between $89,000 and $109,000 for approximately 88 days.
On Tuesday, Bitcoin dipped below the previous weekly low before bouncing back up.
Currently, #BTC is trading at $96,320, and my outlook remains bullish. I expect higher prices in the coming days. 📈
Target Levels:
📌 Short-term: $97,000 - $97,760 - $98,870
📌 Mid-term: $100,120 - $101,700 - $103,000
📌 Long-term: $105,104 - $107,200
Keep in mind that these targets are approximate—Bitcoin may reach them faster than expected, or it could take longer. Patience is key. 🔑
However, if #BTC drops below $88,800, this bullish scenario will be invalidated. ❌
If you check the daily chart of #Bitcoin, you'll notice that #BTC has been ranging between $89,000 and $109,000 for approximately 88 days.
On Tuesday, Bitcoin dipped below the previous weekly low before bouncing back up.
Currently, #BTC is trading at $96,320, and my outlook remains bullish. I expect higher prices in the coming days. 📈
Target Levels:
📌 Short-term: $97,000 - $97,760 - $98,870
📌 Mid-term: $100,120 - $101,700 - $103,000
📌 Long-term: $105,104 - $107,200
Keep in mind that these targets are approximate—Bitcoin may reach them faster than expected, or it could take longer. Patience is key. 🔑
However, if #BTC drops below $88,800, this bullish scenario will be invalidated. ❌
Trade active
#BTCUSDT | 4 HOUR TIMEFRAME UPDATEOur bullish analysis for #BTC was spot on, hitting all three short-term targets and delivering a solid 3.26% gain— without leverage. ⚡️
However, after breaking above the previous weekly high (PWH), BTC experienced a sharp drop and is currently trading around $96,000.
Looking at the 4-hour chart, the market has been ranging between $94K and $99K for the past 13 days.
Now, you might be wondering:
What’s next for BTC? Will it continue this downward move? 🤔
For now, I have no open trades. With the weekend approaching, it's often best to stay on the sidelines and let the market settle. Remember, sometimes the smartest trade is no trade at all.
We’ll look for fresh opportunities next week, and I’ll publish a new Bitcoin analysis on Monday. Stay patient, and trade smart! ❤️
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.
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.