In the recent price action, Bitcoin has shown a notable reaction to the resistance zone around $71,000 - $72,000, leading to a decline characterized by three distinct downward pushes. The third push, however, demonstrated reduced selling pressure as it failed to make a significantly lower low, indicating potential weakening of the bearish momentum.
Crucially, the last two lows have formed around the previously established order block zone from the last leg up, a key area of interest that typically acts as a support. This area appears to have provided a base for BTC, preventing further declines. Given the current price structure and the formation of lows, there's a strong possibility for Bitcoin to recover and test the previous resistance zones again.
Looking ahead, if BTC continues to maintain support at this order block zone and builds on the bullish structure, we could see a move towards the resistance levels at $69,000 - $71,000. Market participants should watch for bullish signs like consolidation or higher lows forming above the current support to confirm a potential rise. Overall, Bitcoin's ability to hold this support and recover suggests a favorable outlook for upward momentum in the near term.
Crucially, the last two lows have formed around the previously established order block zone from the last leg up, a key area of interest that typically acts as a support. This area appears to have provided a base for BTC, preventing further declines. Given the current price structure and the formation of lows, there's a strong possibility for Bitcoin to recover and test the previous resistance zones again.
Looking ahead, if BTC continues to maintain support at this order block zone and builds on the bullish structure, we could see a move towards the resistance levels at $69,000 - $71,000. Market participants should watch for bullish signs like consolidation or higher lows forming above the current support to confirm a potential rise. Overall, Bitcoin's ability to hold this support and recover suggests a favorable outlook for upward momentum in the near term.
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。