BTC/USD has experienced an impulsive move higher since the 89,030-swing low posted on January 13. Currently, the pair is testing key resistance levels:
Bespoke resistance: Located at 102,261.
161.8% Fibonacci extension: Positioned at 102,424.
A weekly close above 102,735 would confirm bullish momentum, increasing the likelihood of BTC/USD reaching a new all-time high next week.
Key Support: The next major support is not seen until 93,563, highlighting potential downside risks if the resistance holds.
Key Levels to Watch:
Resistance: 102,735 (weekly close for bullish confirmation).
Support: 93,563.
#BTCUSD #Crypto #WeeklyOutlook #TechnicalAnalysis #TradingStrategy
Bespoke resistance: Located at 102,261.
161.8% Fibonacci extension: Positioned at 102,424.
A weekly close above 102,735 would confirm bullish momentum, increasing the likelihood of BTC/USD reaching a new all-time high next week.
Key Support: The next major support is not seen until 93,563, highlighting potential downside risks if the resistance holds.
Key Levels to Watch:
Resistance: 102,735 (weekly close for bullish confirmation).
Support: 93,563.
#BTCUSD #Crypto #WeeklyOutlook #TechnicalAnalysis #TradingStrategy
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.