Bitcoin (BTC/USD) remains in an aggressive uptrend but is showing early signs of hesitation near a major resistance level:
Trendline Intact (for now): Price is still riding an ascending trendline, but today's bearish candle hints at momentum cooling.
Resistance at 108,500: This level has capped multiple rallies; rejection here could signal a short-term top.
MACD Losing Momentum: Though still above zero, MACD histogram is flattening, hinting at a possible fade in bullish momentum.
RSI Near Overbought: RSI is hovering just under 70, not yet divergent but worth monitoring for reversal signals.
Watch for Break or Bounce: A close below the rising trendline (~103,500) could trigger a deeper pullback toward the 50-day SMA near 90,000. Conversely, a breakout above 108,500 could unlock fresh upside toward prior highs.
Price action in the next 2–3 days will be crucial to determine whether bulls maintain control or profit-taking accelerates.
-MW
Trendline Intact (for now): Price is still riding an ascending trendline, but today's bearish candle hints at momentum cooling.
Resistance at 108,500: This level has capped multiple rallies; rejection here could signal a short-term top.
MACD Losing Momentum: Though still above zero, MACD histogram is flattening, hinting at a possible fade in bullish momentum.
RSI Near Overbought: RSI is hovering just under 70, not yet divergent but worth monitoring for reversal signals.
Watch for Break or Bounce: A close below the rising trendline (~103,500) could trigger a deeper pullback toward the 50-day SMA near 90,000. Conversely, a breakout above 108,500 could unlock fresh upside toward prior highs.
Price action in the next 2–3 days will be crucial to determine whether bulls maintain control or profit-taking accelerates.
-MW
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.