⚔️Bitcoin has been absorbing pressure above a rising base, with price holding firmly above the ascending blue trendline. Despite the prior selloff, bears are no longer able to push price lower, signaling structural strength building beneath the surface.
Price is now pressing against a key resistance band. This zone is acting as the final barrier between consolidation and continuation. A clean break and hold above this area would shift control decisively back to the bulls and open the door for a move toward the 100K psychological level and beyond.📈
🏹Until then, the bias remains cautiously bullish, with buyers clearly defending dips and preparing for a potential expansion phase.
Is this the calm before Bitcoin’s next leg higher?🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Price is now pressing against a key resistance band. This zone is acting as the final barrier between consolidation and continuation. A clean break and hold above this area would shift control decisively back to the bulls and open the door for a move toward the 100K psychological level and beyond.📈
🏹Until then, the bias remains cautiously bullish, with buyers clearly defending dips and preparing for a potential expansion phase.
Is this the calm before Bitcoin’s next leg higher?🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.