📉 Recent Price Action:
Bitcoin has been in a downtrend, forming lower highs and lower lows. However, a downtrend trendline has been broken, signaling a potential reversal or at least a relief rally.
📌 Key Observations:
Fibonacci Levels: The price recently bounced from the 0.618 Fibonacci retracement level (~$81,051), a strong support zone.
Support Zone (~$82,325 - $83,700): Price is currently testing a previous resistance-turned-support level.
Liquidity Grab & Rebound: If BTC holds above $83,700, we could see a bullish push.
🚀 Potential Bullish Scenario:
If Bitcoin maintains support above $83,700, it could retest $86,500 - $89,500, aligning with key Fibonacci extension levels.
A strong break above $89,500 could push BTC toward the $91,000 - $92,500 supply zone (marked in blue).
⚠️ Bearish Risk:
Losing the $82,325 support could lead to another retest of the $79,000 level.
A rejection at $86,500 - $89,500 could bring consolidation before a clearer trend emerges.
Bitcoin has been in a downtrend, forming lower highs and lower lows. However, a downtrend trendline has been broken, signaling a potential reversal or at least a relief rally.
📌 Key Observations:
Fibonacci Levels: The price recently bounced from the 0.618 Fibonacci retracement level (~$81,051), a strong support zone.
Support Zone (~$82,325 - $83,700): Price is currently testing a previous resistance-turned-support level.
Liquidity Grab & Rebound: If BTC holds above $83,700, we could see a bullish push.
🚀 Potential Bullish Scenario:
If Bitcoin maintains support above $83,700, it could retest $86,500 - $89,500, aligning with key Fibonacci extension levels.
A strong break above $89,500 could push BTC toward the $91,000 - $92,500 supply zone (marked in blue).
⚠️ Bearish Risk:
Losing the $82,325 support could lead to another retest of the $79,000 level.
A rejection at $86,500 - $89,500 could bring consolidation before a clearer trend emerges.
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avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
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📊 AVATrade Ambassador Join & explore:
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
