Bitcoin (BTC/USD) Technical Outlook
As of now, BTC/USD is trading around the $85,000 mark, maintaining its bullish structure in the short term but showing early signs of potential consolidation or a corrective phase ahead.
Key Levels:
Immediate Resistance: $87,000
Support Zones: $83,000 and $80,000
Trend Structure: Bullish with signs of exhaustion near local highs
Short-Term Projection: We may see a short-term extension to $87,000, which could act as a resistance zone. Price action around this level will be crucial. If BTC fails to break cleanly above, a pullback toward $83,000 is expected. Sustained bearish momentum below this support could drive price further down to $80,000, a key psychological and technical level
As of now, BTC/USD is trading around the $85,000 mark, maintaining its bullish structure in the short term but showing early signs of potential consolidation or a corrective phase ahead.
Key Levels:
Immediate Resistance: $87,000
Support Zones: $83,000 and $80,000
Trend Structure: Bullish with signs of exhaustion near local highs
Short-Term Projection: We may see a short-term extension to $87,000, which could act as a resistance zone. Price action around this level will be crucial. If BTC fails to break cleanly above, a pullback toward $83,000 is expected. Sustained bearish momentum below this support could drive price further down to $80,000, a key psychological and technical level
Trade active
our target fully hit btc touched our final at 87000
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ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/Globalforexmaster11
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/Globalforexmaster11
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.
Time is Money And Trust is Profit💯 No One can beat me in account mangement Trading is my Patience
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/Globalforexmaster11
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/Globalforexmaster11
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.