Bitcoin (BTC/USDT) –1 H Timeframe Analysis
Bitcoin (BTC/USDT) is currently testing a blue trendline resistance. If the price successfully breaks out of this trendline with confirmation (e.g., strong volume or bullish candlestick patterns), it could signal a continuation of the uptrend.
The Target
After the breakout, the next target aligns with the red zone, which serves as a key resistance area and potential profit-taking level.
The Target
After the breakout, the next target aligns with the red zone, which serves as a key resistance area and potential profit-taking level.
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WiVERIDERS
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.