Bitcoin trapped within an important support & resistance.
Updated
Bitcoin's price appears to be stabilizing, prompting some caution as it enters a period of consolidation between two significant levels.
The breakout from this range will likely determine the next major move in the near future. We've identified key resistance and support levels to monitor closely, along with their respective targets outlined on the chart.
The overall structure resembles a potential ascending broadening wedge formation. We're interested to hear your thoughts on this setup and if you share our perspective.
Let's discuss!!!!
The breakout from this range will likely determine the next major move in the near future. We've identified key resistance and support levels to monitor closely, along with their respective targets outlined on the chart.
The overall structure resembles a potential ascending broadening wedge formation. We're interested to hear your thoughts on this setup and if you share our perspective.
Let's discuss!!!!
Trade active
Immediate resistance area remain 68k zone.Trade active
Price just break above 68k, we are bullishTrade active
Important level is acting firm as support now, the pullback towards it is holding firm.
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