๐น Analysis: Bitcoin remains in a range and is forming a triangle pattern. A breakout above the resistance level could trigger further upward movement.
๐ข Key Levels:
โ Support: $95,500 (This level could act as a buffer if a pullback occurs)
๐ Resistance: $98,500 (Breaking this level could confirm the bullish move)
๐ฏ Target Levels After Breakout:
๐น First Target: $102,000
๐น Second Target: $106,000
๐ If the breakout is confirmed, a stronger rally can be expected.
๐ข Key Levels:
โ Support: $95,500 (This level could act as a buffer if a pullback occurs)
๐ Resistance: $98,500 (Breaking this level could confirm the bullish move)
๐ฏ Target Levels After Breakout:
๐น First Target: $102,000
๐น Second Target: $106,000
๐ If the breakout is confirmed, a stronger rally can be expected.
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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.