Description (TradingView-Friendly)
Bitcoin is currently trading between two important zones.
Price is reacting near the lower support area around 88,406, while the upper boundary near 93,782 remains the major resistance.
If the price moves above the upper zone with strong momentum, it could indicate a continuation toward higher levels.
If the market fails to reclaim support and moves downward, it may extend the decline toward the lower region highlighted on the chart.
This idea is for technical observation only and reflects possible scenarios based on structure and levels visible on the chart.
Bitcoin is currently trading between two important zones.
Price is reacting near the lower support area around 88,406, while the upper boundary near 93,782 remains the major resistance.
If the price moves above the upper zone with strong momentum, it could indicate a continuation toward higher levels.
If the market fails to reclaim support and moves downward, it may extend the decline toward the lower region highlighted on the chart.
This idea is for technical observation only and reflects possible scenarios based on structure and levels visible on the chart.
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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.