Bitcoin is currently showing a strong bullish pattern, with recent price action indicating that the market may have established a new local low in the current range.
As long as BTC holds above this support area, buying pressure is likely to increase, and a push toward higher levels can be expected.
First Target: 120,500
Second Target: 122,000
The structure suggests consolidation near support with upward bias. Breakout above recent resistance may trigger further bullish momentum
As long as BTC holds above this support area, buying pressure is likely to increase, and a push toward higher levels can be expected.
First Target: 120,500
Second Target: 122,000
The structure suggests consolidation near support with upward bias. Breakout above recent resistance may trigger further bullish momentum
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Join My Telegram Channel
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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.