Here’s what stands out to me: buyers came back strong after the recent rally, and instead of giving up the move, Bitcoin formed a tight bull flag right inside a major resistance zone.
The pullback was shallow and controlled. Sellers had several chances to drive price lower, but they couldn’t gain much ground. That tells me buyers are still willing to hold their positions near the highs.
BTCUSD has now broken above the flag and is pressing into resistance. If buyers can defend the breakout, I see room for the rally to extend through the Fibonacci levels, with 97,300 as my main target.
The pullback was shallow and controlled. Sellers had several chances to drive price lower, but they couldn’t gain much ground. That tells me buyers are still willing to hold their positions near the highs.
BTCUSD has now broken above the flag and is pressing into resistance. If buyers can defend the breakout, I see room for the rally to extend through the Fibonacci levels, with 97,300 as my main target.
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🚀 SMART CRYPTO TRADING STARTS HERE!
BTC • ETH • ALTCOINS
🎯 Daily Signals | Entry • TP • SL
⚡ Real-Time Alerts & Market Insights
💎 VIP Signals & Private Support
🔥 TRADE SMARTER. STAY AHEAD.
👇 JOIN OUR COMMUNITY
t.me/+22Cs-Z14bJg3NDJl
BTC • ETH • ALTCOINS
🎯 Daily Signals | Entry • TP • SL
⚡ Real-Time Alerts & Market Insights
💎 VIP Signals & Private Support
🔥 TRADE SMARTER. STAY AHEAD.
👇 JOIN OUR COMMUNITY
t.me/+22Cs-Z14bJg3NDJl
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.