Hello traders, wishing you a great day! Let’s take a look at BTCUSDT together.
If we had to name one asset that is recovering after a storm and starting to attract capital again, Bitcoin is definitely the leading candidate right now. Expectations that the Fed will soon cut interest rates are bringing risk appetite back, the USD is cooling down, and part of the capital flow is returning to crypto – therefore BTC has a solid chance to recover after the sharp drop at the end of November.
On the 12H chart, BTC remains inside a downward channel, but is moving steadily above the short-term support around 85,700, which is marked as Immediate support. The current pullback is mainly a pause to regain momentum after the first rebound, without breaking the latest lows, and is showing signs of forming a higher low.
If price continues to hold above 85,700 and forms an accumulation pattern as projected, the resistance zone 93,900 near the upper boundary of the channel and the Ichimoku cloud will be the next natural target.
Given that macro news is gradually supporting risk assets and technical signals show weakening selling pressure, I personally prefer the scenario where BTC continues to recover toward 93–94k, rather than breaking support immediately.
If we had to name one asset that is recovering after a storm and starting to attract capital again, Bitcoin is definitely the leading candidate right now. Expectations that the Fed will soon cut interest rates are bringing risk appetite back, the USD is cooling down, and part of the capital flow is returning to crypto – therefore BTC has a solid chance to recover after the sharp drop at the end of November.
On the 12H chart, BTC remains inside a downward channel, but is moving steadily above the short-term support around 85,700, which is marked as Immediate support. The current pullback is mainly a pause to regain momentum after the first rebound, without breaking the latest lows, and is showing signs of forming a higher low.
If price continues to hold above 85,700 and forms an accumulation pattern as projected, the resistance zone 93,900 near the upper boundary of the channel and the Ichimoku cloud will be the next natural target.
Given that macro news is gradually supporting risk assets and technical signals show weakening selling pressure, I personally prefer the scenario where BTC continues to recover toward 93–94k, rather than breaking support immediately.
تم فتح الصفقة
LEVEL UP YOUR TRADING
👉t.me/+aoROTvcQl3k4MzA1
Signals & setups to boost your edge
Free trading plans to follow
Real-time market insights
👉t.me/+aoROTvcQl3k4MzA1
Signals & setups to boost your edge
Free trading plans to follow
Real-time market insights
منشورات ذات صلة
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.
LEVEL UP YOUR TRADING
👉t.me/+aoROTvcQl3k4MzA1
Signals & setups to boost your edge
Free trading plans to follow
Real-time market insights
👉t.me/+aoROTvcQl3k4MzA1
Signals & setups to boost your edge
Free trading plans to follow
Real-time market insights
منشورات ذات صلة
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.