📊 Market Overview:
Bitcoin surged to $108,000 amid renewed risk-on sentiment, a softer US dollar, and slightly declining bond yields. However, weekend trading sees lower liquidity, and some profit-taking has emerged. Traders are also cautious ahead of next week’s Fed-related news.
📉 Technical Analysis:
• Key Resistance: $108,500 – $110,000
• Nearest Support: $106,200 – $105,500
• EMA 09 (1H): Price is above EMA 09, indicating bullish momentum remains.
• Candlesticks & Volume: Doji candle and falling volume in 1H → suggests weakening upside momentum and possible retracement.
📌 Outlook:
Bitcoin may face a short-term pullback if it fails to break above $108,500 and no fresh catalysts emerge. Holding above $106,200 would keep the broader bullish structure intact.
💡 Suggested Trade Setup:
🔻 SELL BTC/USD at: 108,200 – 108,500
🎯 TP: 106,800
❌ SL: 109,300
🔺 BUY BTC/USD at: 106,200 – 105,500
🎯 TP: 107,800
❌ SL: 104,800
Bitcoin surged to $108,000 amid renewed risk-on sentiment, a softer US dollar, and slightly declining bond yields. However, weekend trading sees lower liquidity, and some profit-taking has emerged. Traders are also cautious ahead of next week’s Fed-related news.
📉 Technical Analysis:
• Key Resistance: $108,500 – $110,000
• Nearest Support: $106,200 – $105,500
• EMA 09 (1H): Price is above EMA 09, indicating bullish momentum remains.
• Candlesticks & Volume: Doji candle and falling volume in 1H → suggests weakening upside momentum and possible retracement.
📌 Outlook:
Bitcoin may face a short-term pullback if it fails to break above $108,500 and no fresh catalysts emerge. Holding above $106,200 would keep the broader bullish structure intact.
💡 Suggested Trade Setup:
🔻 SELL BTC/USD at: 108,200 – 108,500
🎯 TP: 106,800
❌ SL: 109,300
🔺 BUY BTC/USD at: 106,200 – 105,500
🎯 TP: 107,800
❌ SL: 104,800
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📊 Forex | Gold | Crypto Market Insights
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.