Bitcoin is approaching a major trendline resistance after a strong rally.
At this stage, I see two possible scenarios:
1️⃣ Scenario 1 (More Likely):
Price could reject from this resistance zone, triggering a pullback toward the lower blue trendline support. This move would sweep liquidity, reset the market, and set up the next bullish leg.
2️⃣ Scenario 2:
If bulls manage to break above the resistance without a deeper pullback, we could see a continuation toward new all-time highs around 114k.
However, given the extended rally and weakening momentum, a correction first seems more natural.
⚡ I'm watching for reaction around the resistance and the orange zones for confirmation.
Patience is key — no need to chase!
At this stage, I see two possible scenarios:
1️⃣ Scenario 1 (More Likely):
Price could reject from this resistance zone, triggering a pullback toward the lower blue trendline support. This move would sweep liquidity, reset the market, and set up the next bullish leg.
2️⃣ Scenario 2:
If bulls manage to break above the resistance without a deeper pullback, we could see a continuation toward new all-time highs around 114k.
However, given the extended rally and weakening momentum, a correction first seems more natural.
⚡ I'm watching for reaction around the resistance and the orange zones for confirmation.
Patience is key — no need to chase!
📊 Free Telegram Channel (No signals — just pure analysis & trade ideas):
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🎯 Interested in 1-on-1 Mentorship?
Let’s talk: t.me/MoeErekat
🔗 t.me/moe_erekat
🎯 Interested in 1-on-1 Mentorship?
Let’s talk: t.me/MoeErekat
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📊 Free Telegram Channel (No signals — just pure analysis & trade ideas):
🔗 t.me/moe_erekat
🎯 Interested in 1-on-1 Mentorship?
Let’s talk: t.me/MoeErekat
🔗 t.me/moe_erekat
🎯 Interested in 1-on-1 Mentorship?
Let’s talk: t.me/MoeErekat
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。