"Bitcoin’s Path to $100K – Is the Next Bull Run Beginning?"

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Bitcoin (BTC/USD) Technical Analysis


Key Support and Resistance Levels
- Resistance Area: $100,000 - $108,000 (Final Target)
- First Target Resistance: $89,280
- Strong Buying Area: $65,000 - $73,000

Market Outlook

Bitcoin is currently trading around $83,332, facing resistance near $89,280. A potential retracement towards the $73,365 - $65,061 zone could provide a strong buying opportunity for bulls.

Bullish Scenario

- If price rebounds from the strong buying area, BTC could rally towards $89,280 (first target).
- A successful breakout above this level may push BTC towards the $100K - $108K resistance zone.

Bearish Scenario
- Failure to hold above the buying zone (65K) could lead to a deeper correction, invalidating the bullish structure.

Conclusion

Bitcoin remains in a critical zone. Traders should watch for potential price action at key levels before confirming the next major move. 🚀

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Giao dịch đang hoạt động

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Ghi chú

trade executed From 74K$, it's support area already explained .

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Ghi chú

Trade running 1100 pips+ ...

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