Hello guys!
Bitcoin has been trading inside a clear range after breaking the previous trendline.
We had a Supply & Demand (S&D) reaction at the range’s beginning, and price is now moving lower after failing to hold above the broken trendline.
Currently, Bitcoin is approaching the demand zone (highlighted in blue). If price respects this area, we could see a bounce. Otherwise, a breakdown could trigger further downside movement along the lower channel.
For now, the bias remains cautious, watching how the price reacts to the 111,000–112,000 USDT zone will be key.
Bitcoin has been trading inside a clear range after breaking the previous trendline.
We had a Supply & Demand (S&D) reaction at the range’s beginning, and price is now moving lower after failing to hold above the broken trendline.
Currently, Bitcoin is approaching the demand zone (highlighted in blue). If price respects this area, we could see a bounce. Otherwise, a breakdown could trigger further downside movement along the lower channel.
For now, the bias remains cautious, watching how the price reacts to the 111,000–112,000 USDT zone will be key.
Operación cerrada: objetivo alcanzado
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🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
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🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.