Bitcoin has just touched the lower boundary of its long-term ascending channel.
If this support holds, the next major target could be the upper channel zone near $190K–$210K.
However, a confirmed breakdown below this trendline would likely mark the beginning of a multi-year downtrend, ending the current bullish structure.
Key Levels:
• Support: $108K–$110K
• Resistance: $190K–$210K
If this support holds, the next major target could be the upper channel zone near $190K–$210K.
However, a confirmed breakdown below this trendline would likely mark the beginning of a multi-year downtrend, ending the current bullish structure.
Key Levels:
• Support: $108K–$110K
• Resistance: $190K–$210K
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.