Key Bullish Zone:
• If the price can hold above the key bullish zone, it is likely to continue rising for the next day toward the levels of:
• 120,040 USD
• 124,567 USD (this is the all-time high for Bitcoin)
• If the price stays above this level, it indicates Bitcoin is operating in a bullish zone and upward momentum may continue.
Key Bearish Zone:
• If, for any reason, the price fails to hold above the key zone, it will likely drop into a support zone targeting:
• 105,530 USD
• 101,129 USD
Summary:
• Above the key zone: bullish trend, potential for higher targets.
• Below the key zone: bearish pressure, potential for price drop.
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.
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.