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.
Trade fermée: cible de profit atteinte
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🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🟢 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
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.