Bitcoin made a move early this week, breaking above last week's high — only to face sell pressure after the Fed’s rate cut. While rate cuts usually add liquidity (a positive for risk assets), BTC's technicals still lean bearish.
🔻 Trend Check:
Still forming lower highs and lower lows
No sign yet of a sustained trend reversal
Bulls need a confirmed higher low to shift momentum
📊 Technical Setup:
This bounce may be part of a corrective rally in a rising channel
Key resistance zone: 94K–95K
A clean breakout here could target 105K next
📌 What to Watch:
Price action near 94K–95K
Whether BTC prints a higher low on this pullback
🧠 Caution: Until the trend flips, rallies may be short-lived.
🔻 Trend Check:
Still forming lower highs and lower lows
No sign yet of a sustained trend reversal
Bulls need a confirmed higher low to shift momentum
📊 Technical Setup:
This bounce may be part of a corrective rally in a rising channel
Key resistance zone: 94K–95K
A clean breakout here could target 105K next
📌 What to Watch:
Price action near 94K–95K
Whether BTC prints a higher low on this pullback
🧠 Caution: Until the trend flips, rallies may be short-lived.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.