Bitcoin two potential scenarios If Bitcoin rises above its current level of 95K, it could signal a bullish trend.
Bearish Scenario If the price doesn't rise and starts moving down, it could reach the support level around 93K. In this case, this drop might present a good buying opportunity for a longer-term trade, with the target of taking profits when the price reaches between 98K to 100K.
Look at key price levels and uses them to anticipate Bitcoin's potential price movement.
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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.