Bitcoin is currently moving within an ascending structure, approaching a trendline that has acted as a reaction zone in recent candles. If price holds above the 87,500 area, the chart suggests the potential for continued upward momentum toward higher intraday levels.
If the market slips below the 86,620 zone, it may indicate a shift toward lower support areas around 85,550–85,340, where the chart previously showed reactions.
This update highlights the key zones to watch based on recent movement and overall short-term structure.
If the market slips below the 86,620 zone, it may indicate a shift toward lower support areas around 85,550–85,340, where the chart previously showed reactions.
This update highlights the key zones to watch based on recent movement and overall short-term structure.
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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.