The market has unfolded as anticipated, aligning with our projections.
Short-Term Outlook: Expect a relatively narrow trading range this week due to the absence of major news catalysts.
Bullish Perspective: We maintain a bullish stance, targeting a price range of $88,000–$92,000.
Local Bottom Confirmation: Bitcoin appears to have established a local bottom. Notably, it diverged from Ethereum, which recorded lower lows, while Bitcoin resisted forming a new low.
Technical Analysis: Last week, Bitcoin respected a daily bullish order block, resulting in a strong upward move.
Key Support Level: This week, an inverse fair value gap (FVG) on the daily chart around $82,400 is expected to act as a liquidity zone and support, with price likely to tap this level and rebound higher.
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Short-Term Outlook: Expect a relatively narrow trading range this week due to the absence of major news catalysts.
Bullish Perspective: We maintain a bullish stance, targeting a price range of $88,000–$92,000.
Local Bottom Confirmation: Bitcoin appears to have established a local bottom. Notably, it diverged from Ethereum, which recorded lower lows, while Bitcoin resisted forming a new low.
Technical Analysis: Last week, Bitcoin respected a daily bullish order block, resulting in a strong upward move.
Key Support Level: This week, an inverse fair value gap (FVG) on the daily chart around $82,400 is expected to act as a liquidity zone and support, with price likely to tap this level and rebound higher.
Thank you for your support! Stay tuned for more insights and drop a Like if you loved it 🚀
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.