Bitcoin-$100K Breakout or Pullback Ahead?
Bitcoin remains in a tight consolidation phase after rebounding from key support.
Support at $93,700 Holding: BTC has successfully defended the ascending trendline and 200 EMA, showing strong buyer interest around this level.
Range-bound movement: The price continues to hover between the ATH resistance and the lower support, forming a key accumulation zone.
Breakout Watch: A daily close above the $100,000 resistance could lead to a breakout, while a failure to hold support may trigger a correction.
Traders should keep an eye on BTC’s next move, as volatility could increase soon.
Support at $93,700 Holding: BTC has successfully defended the ascending trendline and 200 EMA, showing strong buyer interest around this level.
Range-bound movement: The price continues to hover between the ATH resistance and the lower support, forming a key accumulation zone.
Breakout Watch: A daily close above the $100,000 resistance could lead to a breakout, while a failure to hold support may trigger a correction.
Traders should keep an eye on BTC’s next move, as volatility could increase soon.
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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.