Bitcoin Consolidates Above Key Support 90K
Bitcoin is currently consolidating after a strong impulsive move higher, with price holding above the key support zone around 90,000.
This area previously acted as resistance and is now being retested as support, which is a constructive sign for the bullish continuation scenario.
A successful hold above this level could trigger the next impulsive leg toward the first resistance zone near 94,900, followed by the higher target around 98,700, which marks a major liquidity area.
Overall, Bitcoin remains in a bullish continuation phase, with consolidation above former resistance suggesting higher prices ahead.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Bitcoin is currently consolidating after a strong impulsive move higher, with price holding above the key support zone around 90,000.
This area previously acted as resistance and is now being retested as support, which is a constructive sign for the bullish continuation scenario.
A successful hold above this level could trigger the next impulsive leg toward the first resistance zone near 94,900, followed by the higher target around 98,700, which marks a major liquidity area.
Overall, Bitcoin remains in a bullish continuation phase, with consolidation above former resistance suggesting higher prices ahead.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
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✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.