BTC Update:
Bitcoin is currently trading around $108,200, testing the mid-level of the rising channel.
Support zones to watch:
Immediate: $107.1k
Major: $105k–$104.4k
Deeper: $101.4k–$100.7k
Price is respecting the channel boundaries so far — structure remains intact. As long as we hold above $107k, bulls remain in control. Any wick below could be a liquidity hunt before a reversal.
Bitcoin is currently trading around $108,200, testing the mid-level of the rising channel.
Support zones to watch:
Immediate: $107.1k
Major: $105k–$104.4k
Deeper: $101.4k–$100.7k
Price is respecting the channel boundaries so far — structure remains intact. As long as we hold above $107k, bulls remain in control. Any wick below could be a liquidity hunt before a reversal.
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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.