Bitcoin (BTCUSD) – Ascending Triangle Breakout Incoming?
Bitcoin is forming an ascending triangle on the 4-hour chart, signaling a potential breakout. The price is making higher lows, showing strong buying pressure, while resistance remains near $98,000.
🔍 Key Levels to Watch:
📈 Breakout Target: If BTC breaks above $98,000, we could see a move toward $100,763, with further upside potential toward $102,600.
📉 Support Levels: The lower trendline and $97,000 act as key supports. A breakdown could lead to a retest of $92,247.
A decisive move in either direction will set the tone for BTC’s next big move.
💬 What’s your take breakout or rejection? Drop your thoughts below! 👇
🔍 Key Levels to Watch:
📈 Breakout Target: If BTC breaks above $98,000, we could see a move toward $100,763, with further upside potential toward $102,600.
📉 Support Levels: The lower trendline and $97,000 act as key supports. A breakdown could lead to a retest of $92,247.
A decisive move in either direction will set the tone for BTC’s next big move.
💬 What’s your take breakout or rejection? Drop your thoughts below! 👇
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.