Bitcoin remains in a local trading range as we head into the weekend, with price action showing signs of rotation and liquidity grabs.
Points to Consider:
• Bitcoin deviated above the range high, potentially signaling a liquidity grab or fake breakout.
• A confirmed rejection back below the range high could target $76,600.
• Price defended the current low and backfilled a CME futures gap, but no clear bottoming structure has formed.
Key resistance sits at $85,000—remaining below this level signals continued short-term weakness. If price retests $76,600, traders should monitor the reaction to determine potential directional bias.
Points to Consider:
• Bitcoin deviated above the range high, potentially signaling a liquidity grab or fake breakout.
• A confirmed rejection back below the range high could target $76,600.
• Price defended the current low and backfilled a CME futures gap, but no clear bottoming structure has formed.
Key resistance sits at $85,000—remaining below this level signals continued short-term weakness. If price retests $76,600, traders should monitor the reaction to determine potential directional bias.
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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.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.