Bullish Analysis: Despite short-term bearish pressure, Bitcoin remains above key support at $94,000, with the Moving Average Convergence Divergence (MACD) hinting at possible upside momentum. If buyers can push prices above $98,000 and sustain a breakout above $100,000, Bitcoin could regain bullish dominance, targeting $102,000 and higher.
Bearish Analysis: The formation of lower highs across multiple timeframes, coupled with selling pressure reflected by moving averages and momentum indicators, suggests continued downside risk. If Bitcoin fails to hold above $94,000, a break below $91,000 could trigger further declines, approaching long-term support levels, reinforcing the current bear trend.
Traders should watch price action around these levels for confirmation of the next directional move.
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Bearish Analysis: The formation of lower highs across multiple timeframes, coupled with selling pressure reflected by moving averages and momentum indicators, suggests continued downside risk. If Bitcoin fails to hold above $94,000, a break below $91,000 could trigger further declines, approaching long-term support levels, reinforcing the current bear trend.
Traders should watch price action around these levels for confirmation of the next directional move.
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.