🚀Bitcoin has returned to one of the most important technical areas on the chart. After rebounding from the recent correction, price is now testing the Golden Zone while also pressing against the descending Dynamic SR. This is a classic decision point where momentum often shifts dramatically.
🏆Previously:
The market has already shown that buyers are willing to step in after every dip, but this time they need to do more than defend support—they need to reclaim resistance. A convincing breakout here would signal that the correction has likely run its course.
📈 Bullish scenario
If Bitcoin breaks above the Golden Zone (65,200 – 65,600) and closes above the descending Dynamic SR, buyers could regain full control of the market. That would expose 66,900 as the next major resistance, and clearing that level could fuel a continuation toward the 68,000 – 68,500 liquidity area.
📉 Bearish scenario
If the breakout fails and sellers reject price once again, Bitcoin may rotate lower toward the 63,000 – 63,300 support region. Losing that demand could open the way for a deeper correction into the 60,000 – 60,500 area before stronger buyers are expected to return.
Right now, Bitcoin isn't just testing a resistance—it's testing market conviction. The next move from this confluence could determine whether the bulls are ready for another expansion or whether the market still needs one more shakeout.
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🥇“The Z impact” trading team is here to help new traders with technical analytics and fundamentals.
⚜️Mostly trading indicators
📞Support: t.me/theZSupport
💎Our website: TradeZimpact.com
💡Our Channel: t.me/TheZimpact
⚜️Mostly trading indicators
📞Support: t.me/theZSupport
💎Our website: TradeZimpact.com
💡Our Channel: t.me/TheZimpact
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.