#Bitcoin Weakness Alert:
BTC is showing weakness as it struggles around the 115K (50 EMA) level.
🔸 Key Support:
If BTC loses the 115K support and resists below the 50 EMA, downside pressure increases. The next critical level is 110K.
🔸 Upside Target:
Holding above 115K with strength can trigger a move back toward 120K and possibly extend to 125K.
🔸 Risk Level :
A confirmed break below 110K will likely open the path for a dump toward 100K.🚨
🔸 Outlook:
Monitor 115K closely. If price holds above, upside continuation is possible. If broken, expect a deeper correction with 110K as the last major support before 100K.
BTC is showing weakness as it struggles around the 115K (50 EMA) level.🔸 Key Support:
If BTC loses the 115K support and resists below the 50 EMA, downside pressure increases. The next critical level is 110K.
🔸 Upside Target:
Holding above 115K with strength can trigger a move back toward 120K and possibly extend to 125K.
🔸 Risk Level :
A confirmed break below 110K will likely open the path for a dump toward 100K.🚨
🔸 Outlook:
Monitor 115K closely. If price holds above, upside continuation is possible. If broken, expect a deeper correction with 110K as the last major support before 100K.
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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.
Related publications
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.