Bitcoin continues to trade within the descending channel on the 4H chart.
Price has now broken below the 110,400 – 109,150 support area and is testing lower liquidity around 108,200.
🔹 Bearish outlook:
If the breakdown holds, the next targets lie around 107,000 – 105,500, where deeper liquidity zones may provide support.
🔹 Bullish opportunity:
A quick recovery above 109,150 and a retest could trigger a bounce toward 111,500 – 112,300 as short-term relief.
Currently, momentum favors the downside, but traders should watch how price reacts at the 108,200 – 107,000 zone for potential reversal or continuation signals.
Price has now broken below the 110,400 – 109,150 support area and is testing lower liquidity around 108,200.
🔹 Bearish outlook:
If the breakdown holds, the next targets lie around 107,000 – 105,500, where deeper liquidity zones may provide support.
🔹 Bullish opportunity:
A quick recovery above 109,150 and a retest could trigger a bounce toward 111,500 – 112,300 as short-term relief.
Currently, momentum favors the downside, but traders should watch how price reacts at the 108,200 – 107,000 zone for potential reversal or continuation signals.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.