BTCUSD Analysis
Bitcoin is currently testing the upper boundary of a long-term ascending channel, where price has previously faced rejection several times (as shown by the red arrows).
The market recently completed a strong rally toward 124K, aligning with the 1.618 Fibonacci extension (123,609) — a significant resistance zone that triggered selling pressure.
Key observations:
• Resistance area: Around 124K–125K, aligning with the upper channel line — potential for short-term correction.
• Support zones: The first support lies near 118,100, followed by 115,000–115,500, both acting as Fibonacci retracement zones.
• Possible scenarios:
1. Price may retrace toward 118K–115K to gather liquidity before another push upward.
2. If the market holds above 123K, a breakout toward 132K–133K could be confirmed.
Overall, momentum remains bullish, but the current zone requires caution — a short-term pullback is likely before the next major move.
Bitcoin is currently testing the upper boundary of a long-term ascending channel, where price has previously faced rejection several times (as shown by the red arrows).
The market recently completed a strong rally toward 124K, aligning with the 1.618 Fibonacci extension (123,609) — a significant resistance zone that triggered selling pressure.
Key observations:
• Resistance area: Around 124K–125K, aligning with the upper channel line — potential for short-term correction.
• Support zones: The first support lies near 118,100, followed by 115,000–115,500, both acting as Fibonacci retracement zones.
• Possible scenarios:
1. Price may retrace toward 118K–115K to gather liquidity before another push upward.
2. If the market holds above 123K, a breakout toward 132K–133K could be confirmed.
Overall, momentum remains bullish, but the current zone requires caution — a short-term pullback is likely before the next major move.
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✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
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Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
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.