Bitcoin / TetherUS PERPETUAL CONTRACTMis à jour Bitcoin Key Support Levels and Potential Reversal Zones
Bitcoin recently approached the anticipated 50k level, nearly fulfilling our previous projection. However, increased selling pressure suggests a potential further decline. The 50k zone now serves as a crucial internal demand area, and its reaction will be pivotal for short-term price direction.
Should the 50k support fail, we've identified a strong external demand area on the chart that's expected to halt any deeper retracement. This zone provides a robust foundation for potential accumulation and trend reversal.
On the upside, an immediate resistance level has been identified as a potential sell-off point. We should monitor this level for possible profit-taking or short entry opportunities.
The current price action indicates a continued bearish bias in the short term, but the identified support levels offer potential for a bullish reversal. We should closely watch for signs of buying pressure or bullish divergences at these key levels.
Overall, Bitcoin's price movement remains within the anticipated range, with critical support and resistance levels clearly defined.
Risk management is crucial given the current market volatility.
Should the 50k support fail, we've identified a strong external demand area on the chart that's expected to halt any deeper retracement. This zone provides a robust foundation for potential accumulation and trend reversal.
On the upside, an immediate resistance level has been identified as a potential sell-off point. We should monitor this level for possible profit-taking or short entry opportunities.
The current price action indicates a continued bearish bias in the short term, but the identified support levels offer potential for a bullish reversal. We should closely watch for signs of buying pressure or bullish divergences at these key levels.
Overall, Bitcoin's price movement remains within the anticipated range, with critical support and resistance levels clearly defined.
Risk management is crucial given the current market volatility.
Transaction en cours
BTC is forming new corrective upside waves as part of wave 4, potentially pushing the market towards the 60k area before another decline.Transaction en cours
Transaction en cours
The downside is done, next move should face 60k-62k areaTransaction en cours
Note
Target to watch for this massive setup is provided on the chart.Trade fermée: cible de profit atteinte
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.