Potential Sell from 97,000 Area Bitcoin has reached a major supply zone around 97,000 after a strong impulsive rally, now showing signs of rejection and exhaustion on the 15-minute chart. Current Price: ~96,905
Signal: Short / Sell on approach or rejection at 97,000–97,199
Next Target: 94,800 – 94,967 (previous demand block + measured pullback zone)
Invalidation: Sustained close above 97,199.38 (bullish continuation if broken decisively) Reason:
The price has formed a clear rejection candle at the upper supply zone (gray box ~97,199), with momentum showing divergence and overextension after a 2.47% spike. This area has acted as strong resistance previously — high probability for sellers to defend here, especially with the rapid vertical move leaving potential for a healthy pullback to retest lower demand levels. This is purely an educational observation based on current price action and structure — not financial advice. Trade at your own risk. #Bitcoin #BTC #XBT #BearishBitcoin #SellTheRally #CryptoTrading #TradingView #Bitcoin97k
Signal: Short / Sell on approach or rejection at 97,000–97,199
Next Target: 94,800 – 94,967 (previous demand block + measured pullback zone)
Invalidation: Sustained close above 97,199.38 (bullish continuation if broken decisively) Reason:
The price has formed a clear rejection candle at the upper supply zone (gray box ~97,199), with momentum showing divergence and overextension after a 2.47% spike. This area has acted as strong resistance previously — high probability for sellers to defend here, especially with the rapid vertical move leaving potential for a healthy pullback to retest lower demand levels. This is purely an educational observation based on current price action and structure — not financial advice. Trade at your own risk. #Bitcoin #BTC #XBT #BearishBitcoin #SellTheRally #CryptoTrading #TradingView #Bitcoin97k
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t.me/Traderr5757
✅ XAUUSD MARKET UPDATE
t.me/+UamB2uCTUtkzMmQ0
✅ XAUUSD BACKUP CHANNEL
t.me/+mDhkrPtwZ4o1ZTE0
XM BROKER
PARTNER CODE : K4HPT
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✅ ACCOUNT MANAGEMENT
t.me/Traderr5757
✅ XAUUSD MARKET UPDATE
t.me/+UamB2uCTUtkzMmQ0
✅ XAUUSD BACKUP CHANNEL
t.me/+mDhkrPtwZ4o1ZTE0
XM BROKER
PARTNER CODE : K4HPT
t.me/Traderr5757
✅ XAUUSD MARKET UPDATE
t.me/+UamB2uCTUtkzMmQ0
✅ XAUUSD BACKUP CHANNEL
t.me/+mDhkrPtwZ4o1ZTE0
XM BROKER
PARTNER CODE : K4HPT
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.