Bitcoin is currently in a consolidation phase within a broader bullish trend. The market shows signs of potential continuation to the upside, though short-term corrections remain possible.
If the price closes below 108K Bitcoin could retest lower support levels before rebounding back upward, maintaining the long-term bullish structure Conversely, if Bitcoin holds above 110K and breaks above 112K we may see a new bullish leg toward the 115K resistance zone and possibly beyond.
You may find more detils in the chart.
Trade wisely best of luck buddies.
Ps; Support with like and comments for better analysis Thanks for Supporitng.
If the price closes below 108K Bitcoin could retest lower support levels before rebounding back upward, maintaining the long-term bullish structure Conversely, if Bitcoin holds above 110K and breaks above 112K we may see a new bullish leg toward the 115K resistance zone and possibly beyond.
You may find more detils in the chart.
Trade wisely best of luck buddies.
Ps; Support with like and comments for better analysis Thanks for Supporitng.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.