BTCUSDT is consolidating within a symmetrical triangle on the 4H timeframe. The is nearing apex, signaling an imminent breakout. Two key scenarios to watch
Bullish Breakout: If BTC breaks above the upper trendline, we could see a move toward the
88K to 92k resistance zone, with a potential test of $100k.
Bearish Breakdown: A breakdown below the bearish trendline may trigger a drop toward $76k and possibly
73K, a major support level.
Bullish Breakout: If BTC breaks above the upper trendline, we could see a move toward the
88K to 92k resistance zone, with a potential test of $100k.Bearish Breakdown: A breakdown below the bearish trendline may trigger a drop toward $76k and possibly
73K, a major support level.
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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.
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.