Bitcoin Approaching Upper Channel Resistance

Güncellendi
hello guys.

Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.

Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.

Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels.

Potential Pullback: If Bitcoin faces resistance at the upper channel, a pullback towards the midline or lower boundary is possible.

Target: If the price breaks above the upper boundary, Bitcoin could see a further bullish extension around $95,784. However, rejection at this level could signal a temporary correction.
Not
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in 1h time frame, btc is forming a triangle pattern!
it will touch the ascending trendline for the upper level!
İşlem aktif
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#btc #btcusdt #btcusd

it is just like the predicted
Not
the trendline is broken!

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Not
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btc is toward the target
İşlem kapandı: hedefe ulaştı
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target touched
Beyond Technical AnalysisBitcoin (Cryptocurrency)bitcoinpricebitcoinusdBTCBTCUSDBTCUSDTChart PatternsTrend Analysis

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