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Bitcoin Holds $87,400 Support | Eyes on $96,000 and $100,000
Bitcoin / TetherUS
Bitcoin Holds $87,400 Support | Eyes on $96,000 and $100,000
By MonoCoinSignal
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Nov 27, 2024
7
📊
Bitcoin
has dropped below its 4-hour support and is now moving towards the daily support level at $87,400.
✅ If this support holds, Bitcoin could bounce back and continue its upward movement.
🔑
Key Levels to Watch:
🔵
Support:
$87,400 (A key area where buyers may step in to prevent further decline).
🟠
Resistance:
$96,000 (The first resistance to break for further upward momentum).
🟢
Next Resistance:
$100,000 (A psychological and significant level that could attract sellers).
Fundamental Analysis
Technical Indicators
Trend Analysis
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