Bitcoin Breaks Heavy Resistance Zone— But Can It Hold?Bitcoin ( BINANCE:BTCUSDT ) started to rise yesterday as the S&P 500 Index ( FOREXCOM:SPX500 ) opened and it seems like it can break the Heavy Resistance zone($95,950-$88,500 ) this time, but there are still concerns from a technical analysis , so please stay tuned for this analysis .
Bitcoin is moving near the Resistance zone($100,200-$97,700) and has broken through the Heavy Resistance zone($95,950-$88,500) with good momentum .
In terms of Elliott wave theory , it seems that Bitcoin has completed microwave 3 near the Resistance zone($100,200-$97,700) and we should wait for the completion of microwave 4 . The microwave 4 can be considered a pullback to the Heavy Resistance zone($95,950-$88,500 ).
I expect Bitcoin to drop to at least $96,000 and is likely to touch the Support zone($95,760-$95,200) and start rising again, since microwave 3 was with high momentum , it is possible that microwave 5 will even be truncated . The targets I have indicated on the chart can be the target of a long position .
If you are looking for a Bitcoin reversal, you can focus on the Time Reversal Zone(TRZ) . The next major pivot will likely be within this time zone .
It seems reasonable to open a Long position near the Support zone($95,760-$95,200) , and it can give us a good Risk-To-Reward . What do you think?
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My concerns for Bitcoin's continued bullish trend:
Because Bitcoin's correlation with US stock market indices , especially the SPX500 , is higher than in previous weeks, my analysis is that there is a re-correction in the SPX500 index , which could prevent Bitcoin from continuing its upward trend .
The Ascending Broadening Wedge pattern is likely to complete, which could cause Bitcoin to fall further if the lower lines of this pattern are broken.
If tensions between Pakistan and India increase, it could prevent Bitcoin from growing further.
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Also, Today, the Federal Funds Rate is scheduled to be announced.
Let’s take a look at how this decision — along with Powell’s speech — might impact Bitcoin . Be cautious with your positions during the announcement and Powell’s remarks, as markets may become volatile.
Holding the rate steady is a signal of monetary policy stability, which could give risk assets like Bitcoin some breathing room in the short term.
Given recent U.S. economic data, markets are mainly focused on Powell’s tone during the press conference. If he adopts a dovish stance (hinting at potential rate cuts), this could support Bitcoin’s upward momentum.
However, if Powell emphasizes that rates will remain elevated for an extended period, we might see a temporary wave of selling pressure in the market.
Stay alert and manage your risk wisely — high-impact events like this can lead to sharp moves in crypto.
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Cumulative Short Liquidation Leverage: $98,511-$97,774
Cumulative Long Liquidation Leverage: $95,966-$95,550
Note: If Bitcoin falls below $94,400, we can expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoinanalysis
Bitcoin Hits PRZ — Reversal or Breakout?As I expected in my previous idea , Bitcoin ( BINANCE:BTCUSDT ) started to rise from the Support zone($95,760-$95,200) . One of the news that pumped Bitcoin was " Arizona Becomes Second U.S. State to Adopt Bitcoin for State Treasury "
Bitcoin is trading in the Resistance zone($100,200-$97,700) and near the upper lines of the Ascending Broadening Wedge Pattern , Time Reversal Zone(TRZ) and Potential Reversal Zone(PRZ) .
Also, we can see a Regular Divergence(RD-) between Consecutive Peaks.
From an Elliott wave theory , it seems we should wait for corrective waves because the Cumulative Short Liquidation Leverage($100,888-$99,826) is very important and I DO NOT expect it to be broken by a single attack .
Another point we can pay attention to is the existence of two small CME Gaps , the first CME Gap($98,430-$98,380) is likely to be filled.
I expect Bitcoin to drop to at least $98,100 in the coming hours, and if the Support zone($97,900-$97,240 ) is broken, we should expect further declines, so I will label this idea as ''Short' '.
Cumulative Long Liquidation Leverage: $98,500-$97,514
Note: If Bitcoin can break the Potential Reversal Zone(PRZ) with the good volume, we can expect a new All-Time High(ATH).
Do you think Bitcoin is on track for a new All-Time High(ATH)?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
"Bitcoin Analysis" (Update)The price has reached the 0.78 Fibonacci level, and as you can see, there is a low probability that this level will be broken. I expect that, from a technical perspective, the price will form a double top here and then decline to the Fibonacci levels. After reaching the support levels, I anticipate a strong push to GETTEX:98K . Additionally, the tensions from the India-Pakistan conflict could drive the price downward.
Stay Awesome , CobraVanguard
Bitcoin's next targets are 140K and 250K !This analysis is an update of the analysis you see in the "Related publications" section
Are Bitcoin's mid-term targets still valid?
First of all, please review the previous analysis
In our last analysis, we mentioned that if there was any drop, it would likely be towards the resistance line that had been broken, and we identified the pullback zone around the 77K channel.
Now, based on the available data, the pullback has been successful, and Bitcoin's target is to move toward the 130-140K range. A 3D pattern has formed, and the third drive could complete within this range, after which Bitcoin may enter a corrective phase.
But what about the second target | 250K?
Why are we considering this target? There are several reasons:
First, the bullish wave in gold was preventing capital from flowing into cryptocurrencies, especially Bitcoin. Now, gold is reaching the end of its bullish wave, which could lead to significant liquidity flowing into crypto and Bitcoin.
Second, Bitcoin's channel structure remains very bullish. If substantial liquidity enters the market, not only could the 250K target be achieved, but Bitcoin might even reach higher levels.
Bitcoin Still Stuck in Resistance – Eyes on CME Gaps & USDT.D%Bitcoin ( BINANCE:BTCUSDT ) touched $92,830(first target) and started to rise as I expected in the previous idea . Overall, Bitcoin has been moving in a range for about 12 days .
Note : In general, trading in a range market is more difficult than in a trending market . If your performance in a range market is not good, it is better not to trade until the trend is clear (this is just a suggestion).
Bitcoin is currently trading at a Heavy Resistance zone($95,950-$88,500) and has failed to break through it, and it seems like Bitcoin needs more momentum to break through this zone. Do you think Bitcoin will finally break through the Heavy Resistance zone($95,950-$88,500)?
In terms of Elliott Wave theory , it appears that Bitcoin has completed a five-wave impulsive and we should expect Corrective waves .
The analytical conditions of the Bitcoin chart have been a bit ambiguous in the past few days, so it's better to take a look at the USDT.D% ( CRYPTOCAP:USDT.D ) chart to increase the accuracy of Bitcoin analysis .
USDT.D% failed to break the Support zone(5.13%-4.95%) after several attacks. It currently appears to be forming an Ascending Broadening Wedge Pattern . It appears that USDT.D% needs to complete this pattern to break the support zone, and if this pattern fails , we should expect further increases =Bitcoin crash .
I expect Bitcoin to decline to the Support zone($92,910-$91,414) , 21_SMA(Weekly) and Cumulative Long Liquidation Leverage($93,359-$92,296) and probably fill the CME Gap($92,525-$91,415) this time and then start to rise and prepare to break the Heavy Resistance zone($95,950-$88,500) and fill the CME Gap($97,680-$96,455) .
Cumulative Short Liquidation Leverage: $98,989-$97,924
Note: If Bitcoin breaks below the Support zone($92,910-$91,414), we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC NEW UPDATE (4H)This analysis is an update of the analysis you see in the "Related publications" section
Bitcoin has not yet reached our zone, but it has formed a correction of the same degree as the previous ones and has also created a support area. The diametric pattern could potentially shift into a symmetrical one, and Bitcoin may even reach the 100K–105K zone.
We should keep a close eye on the 100K level for now, as it also serves as a psychological resistance.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BTC New Update (8H)This analysis is an update of the analysis you see in the "Related publications" section
In the previous scenario, we considered that Bitcoin was in a diametric where wave E had extended. However, after reviewing the charts and analyzing various scenarios, we decided to revise the wave count as shown in this update, since wave E of the previous diametric scenario became overly extended.
You can see the complete wave count of the chart in this update. The correction in Bitcoin started from the point where we placed the red arrow on the chart. This correction was a diametric and ended where the green arrow is placed.
From the point where the green arrow is shown on the chart, Bitcoin's bullish wave has started, which is either wave A or W.
According to this scenario, the expected rejection zone should be between 98K and 103K.
The lowest-risk area for price rejection is the red box.
A daily candle close above the invalidation level will invalidate this analysis.
Let’s see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin Daily - heading towards resistance with strength
Bitcoin is continuing to head towards that red 236 Fib circle while being Kept below the 2.618 Fib Extension
This could see PA Drop back to the 92K area where it will bump into the Cup shape it has created.
This Cup has strength . It has been tested 3 times previously and on each occasion, PA Bounced well off it
The overhead resistance and the Daily MACD are two reasons why this may happen
As you can see, the Daily MACD is touching its signal line, potentially Bearish but most likely only on a short term basis
But we should be ready incase things continue to turn Bearish, as it did before. See the rise in MACD on the left.
Not the similarity in the Histogram on both occasions.
Today, we have the DXY support group, otherwise known as the FED reserve, announcement on Rates.
This could trigger a move in either direction, depending on the choice.
Expectation is for Rates to remain unchanged
PA has the ability to move in both directions,.
We need to wait and see
BTCUSD – Discount Zone Play | Long Setup Loading📉 BTCUSD – 15-Minute SMC Breakdown | May 3, 2025
Bitcoin is cooking up something spicy inside this discount zone. All the ingredients are there for a bullish reversal — we just need the final confirmation to execute the long.
🧠 SMC Breakdown:
POI Identified: Price has broken into a key OB discount zone (61.8%–79%), tapping 70.5% and chilling near the 79% fib retracement.
Weak High: Noted above at ~96,950 – a liquidity target ready to get swept.
Price Structure: Series of lower highs and lows forming bearish structure, but no momentum break yet. We're in accumulation range.
🎯 Entry Criteria (Potential):
Wait for CHoCH (Change of Character) on lower timeframes (e.g., 1min or 5min) to confirm reversal intent.
Ideal entry = bullish engulfing or BOS from within the 70–79% zone
SL = below 95,900 (clear invalidation level)
TP = Weak High → 96,950+
RR Potential = ~1:5+
📌 Why This Matters:
Price is deep in premium vs. discount logic.
Smart Money loves entries in the 70–79% retracement zones — it’s the sniper's nest.
That Weak High = unfinished business. Expecting bullish expansion if this zone holds.
📊 Pro Tips:
Wait for confirmation, don’t blindly buy in the zone.
Look for signs of absorption or bullish reaction candles.
Always map invalidation level BEFORE entering.
🔥 Final Note:
This is the “load-the-clip” zone for Smart Money. No hype, just structure. If BTC reacts here, we could see a clean 1:5 RR into that Weak High.
💬 What do YOU think happens next?
💾 Save this setup – it’s textbook.
🔁 Share this with your trading squad & don’t miss the next wave.
Bitcoin Daily Bullish CUP pattern but with resistance coming in
Please excuse the number of lines here but this is my working chart and I am short of time but I wanted to share this.
Bitcoin Daily has printed a Bullish CUP and is back on the Rim but we have still to reach the edge of the Cup, which is expected around 15th May, 10 days. When PA entered thhis Cuo, it also ranged sideways for a while.....
Something that PA has to face in the near future is that red 236 fib circle. And PA may be already reacting to that.
Look to the left and see what happened last time we hit a red 236 fib circle.
I think we are in a stronger position this time though but a Drop to the Long term rising trend line is a very real possibility
That is around 92K - > 87K -Not a Major drop and it would actually play into the Bulls hands by resetting the Daily MACD that is already beginning to turn slightly Bearish
This is NOT a reason to PANIC or Sell but is more an opportunity, maybe the last one, to Buy BTC at around this price.
I think a drop back down to the 2.272 Fib extension at 77K is highly unlikely but we should have a plan should this happen.
We do have the DXY support group, sorry, THE FED announcing the Next decision of Rates on 7th and it is very likely that PA will Drop till then, slowly hopefully, resetting the MACD as previously mentioned, and then push through that 236 Fib circle after the continued Freeze on Rates is announced.
We have to wait and see......
BITCOIN Trending Higher - Will Buyers Push Toward $104,550?COINBASE:BTCUSD has broken above a key resistance zone and is now pulling back for a potential retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward the $104,550 level, which serves as a logical target for this setup. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have!
Bitcoin Analysis (4H)Bitcoin has lost its trendline and appears to have accumulated significant sell orders near the top.
The zone between $96K and $100K could act as the main supply area, potentially pushing the price down to at least $88K.
Targets are clearly marked on the chart.
A daily candle closing above the invalidation level would invalidate this outlook.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
"Bitcoin Analysis" (Update)Here's what I can gather from the chart right now:
The Minor Resistance zone has been strongly broken to the upside; we haven't seen good pullbacks to this level yet.
On the other hand, below the broken zone, there's a price gap toward the FVG, as indicated by the arrow.
Also, the pullback to the breakout level at 0.382 has not been completed, and no patterns have formed in that area!
So? When we analyze all the breakout factors, we see a very high chance of a correction.
Now, this correction could start from the confirmation level at 96,364, or with an overextension, it could happen from the 98k zone.
Stay Awesome , CobraVanguard
BITCOIN 3 x Double Top, Dip, Range, Bounce since Jan 2023
The Chart says it all really.
The 3 times PA has gone sideways, it can be seen as a Double Top, Dip and Range.
The Accumulation / Distributions was similar on Both previous occasions ( 2023, 2024 ) and, so far, are also very similar on this occasion in 2025.
But there are some major differences.......
IF these were to be seem as forms of WYCKOFF Ranges, then the longer the Range period, the stronger the move higher after and I find it very clear, that the move higher after the 2023 range was a lot higher than the move higher after the 2024 Range
2023 Range was approx 189 days ( marked on a Weekly chart so up to 7 days inaccuracy )
2024 Range was approx 168 days.
Currently, we are on 147 days. ( I mark this as a significant date as there was a 20 day difference between 2023 ane 2024 and the 147 is 20 days short of the 2024)
However, this is slightly different this time as we Dropped out of original Range box and have Just pushed back higher into original range Box, so, even though we have had a good few weeks, we are still in Range, the Original Range Box
On the original Chart, the dotted line just below PA is the approx line of the 50 Week SMA and we bounced off that Twice in 2024 to push higher and we just bounced off that again to return to original range box.
But as you can see, that was only a Wick down. It may not have been a Full on bounce to take us out of the upper range box and I see Momentum slowing for a while now
This also happened on previous occasions but on a smaller scale.
This can be seen better on the Daily chart, that includes the SMA's
SMA's 50 Red, 100 Blue, 128 Green & 200 Yellow
The first thing to note is how the 200 is about to cross the 100
This is NOT a thing to panic about as the recent push higher will not be reflected in these Averages for a while but it does show the Depth of the Dip we just came out of.
What IS important is how PA is ABOVE the Averages..
But the Candle size are small and we are cooling off on a Daily MACD
We are NOT overbought on this MACD yet and so we could see a turn higher but Longer term, so long as we remain in the upper Range Box, it would be good if this cooled off to Neutral again
For me, I am hoping for a GREEN MAY candle Close and that could very well happen but the candle may not be Large, which leaves PA still in this Range by month end, but maybe in the upper edges of it....around 110K
This would then allow for the possible Small RED June, that would take PA back to lower range. as we saw in 2020 - .THEN we have a nice cooled PA
OR we could just go for it NOW and see what happens as we did in 2017
it is impossible to predict this but we can be ready ..
BUY BOTCOIN - HOLD BITCOIN
Bitcoin Range-Bound in Heavy Resistance – CME Gap Still Open!Bitcoin ( BINANCE:BTCUSDT ), like Gold , has been moving in a Range for the past 5-6 days and is currently in a Heavy Resistance zone($95,950-$88,500) , as it has been in the past few days .
In terms of Elliott Wave theory , Bitcoin appears to be completing a main wave 4 . The main wave 4 structure can take two forms: Double Three Correction(WXY)_Expanding Flat(3-3-5) .
I label this analysis " Short " for the following reasons:
Due to Bitcoin's higher correlation with the S&P 500 Index ( SP:SPX ) these days, I am short on the S&P 500 Index.
China’s president Xi Jinping says Trump lied about them having a phone call ; it is NOT good news for the S&P 500 Index and Bitcoin .
CME Gap($92,525-$91,415) has NOT filled yet, and I think Bitcoin will NOT start the next bullish rally before filling the CME Gap.
I expect Bitcoin to drop to at least $92,830 and then decline to the Support zone($92,000-$91,400) if the Support lines are broken.
Cumulative Short Liquidation Leverage: $96,741-$95,520
Note: If Bitcoin can touch $97,000, we should expect more pumping.
Note: If Bitcoin goes below the 100_SMA(Daily), we should expect a fall.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Brief BITCOIN Weekly synopsis - BULLISH sign everywhere
BLUE DASHED LINE = Current ATH
Bitcoin did Drop below the lower trendline of the ascending channel it has been in since Jan 2023 but it made a sustained recovery since that moment and continues to climb as sentiment returns.
One of the main resons for this, as I have repeatably mentioned, is the Weekly MACD.
This bounced a little Earlier than expected, possibly due to falling out of the channel and the Bulls stepping in to pull it back.
But as you can see, We have yet to cross over the Signal line and so, Yes, the possibility of this being a bull Trap does exist but I am not inclined to believe this.
We have had 4 weeks of recovering Histogram, showing Strength behind the move.
The RSI is also Bullish having just crossed above its own MA ( Moving Average )
This turned Bullish while still around 44, so NOT oversold by any means but still with plenty of Room to climb higher. Again, Signs of a sustained Rise are in play
There are some Stiff lines of resistance above and we will start encountering them from 98K usd ( very soon ) and will remain till around 112K usd
These are IMMINENT
For me, we may not make it first time out but one VERY Bullish thing is that we did bounce of the 50 SMA once again
50 SMA RED - 100 Blur - 200 Yellow
On the chart shown here, that rising trendline is around 112K
The Green area to the right is a projected ATH zon. PA should rise above this to reach cycle ATH
Should PA get rejected off the overhead resistance and fall back lower, the 60 SMA sits around 85K
I would be amazed if that happens BUT anything is possible and we wait to see how Strong MAY is going to be.
Over all, the next 7 Months WILL be memorable.
BITCOIN New Update (4H)This analysis is an update of the analysis you see in the "Related publications" section
The 96k–97k zone is an important area. It is expected that with a touch or hunt of this zone, which we have shown on the chart with an orange circle, Bitcoin will give a correction and altcoins that are ready for correction will also correct.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BTCUSD - best to wait a bit for a possible breakoutIf you are not already long on BTC, I would suggest exercising some patience. As my trendline indicates, we have had a few recent attempts to break higher. We have no idea if we will get that breakout or will price decline again. My approach would be to wait for a daily candle that closes above the trendline.
If that happens, I would place a pending long trade above the high of that breakout candle, stop placement below the recent swing low and 1st target at the round number 100,000.
Depending on the price action, a second target around 107,000 also looks possible.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
bitcoin road map !!!Chart is speaking itself...
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bullish Bitcoin Find ResistanceFenzoFx—Bitcoin remains bullish above the 50-period simple moving average but lost momentum near the $95,995 resistance. It currently trades around $94,650.
A breakout above $95,995 could trigger a move toward $99,560. Conversely, a close below $92,875 may lead to a drop toward $91,720, with further downside potential to $88,830 if selling pressure intensifies.
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$BTC back to $59-62kAs you can see from the chart, BTC is rejecting from the range highs which sets up the next (and final) leg lower before we continue the bull run.
Despite the bounce over the last few weeks, all we've done is retested the area which we broke down from back in February.
Now this sets up a large move lower down to the lower support levels at GETTEX:59K -$62k.
After we tag those levels, we'll continue our next move higher into 2026-2027.
Will BTC Correct Before Breaking $96K? CME Gap Still Open!Bitcoin ( BINANCE:BTCUSDT ) moved as it did in the previous post , I hope it was useful for everyone.
Bitcoin is still moving in the upper areas of the Heavy Resistance zone ($95,000-$88,500) , this type of movement does NOT seem to be enough to break Heavy Resistance zone ($95,000-$88,500) , so I still expect a correction .
The volume of Bitcoin's price rebound to the previous high does NOT seem to be sufficient, and even Regular Divergence(RD-) is evident.
According to Elliott Wave theory , it seems that Bitcoin has completed its 5 impulse waves and we should expect another decline . Of course, there is still a possibility that the main wave 4 will be an Expanding Flat(ABC/3-3-5) . But both scenarios can bring us a decline in Bitcoin price .
I expect Bitcoin will NOT be able to break the Heavy Resistance zone ($95,000-$88,500) before the CME Gap($92,525-$91,415) is filled, This is just my analysis of course, considering the above explanation. What do you think?
Cumulative Short Liquidation Leverage: $96,000-$95,095
Cumulative Long Liquidation Leverage: $93,350-$92,551
Cumulative Long Liquidation Leverage: $90,276-$89,160
Note: If Bitcoin goes over $96,100, we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Walks Into a Robust Resistance AreaFenzoFx—Bitcoin remains bullish above the 50-period simple moving average at around $93,950. A doji candlestick on the daily chart signals potential consolidation or a bearish move.
Resistance spans from $94,990 to $99,420, suggesting a possible reversal. We recommend waiting for Bitcoin’s reaction before planning a strategy.