The Bitcoin chart is approaching a pivotal time interval starting from 19:00, marked by the interaction of Gann fan lines and critical Fibonacci levels.
Resistance Zones: BTC faces a key resistance at $100,540 (0.5 Fibonacci retracement). A breakout above this could open the way for further bullish momentum.
Support Levels: On the downside, strong support lies at $92,000, aligning with the 1.0 Fibonacci level and historical price action.
RSI at Neutral Zone: The RSI currently sits at 50, signaling a neutral stance. Traders should watch closely for any directional confirmation during this time interval.
This time window could be a significant pivot for Bitcoin's next move. Monitor closely for volume changes and price reactions to key levels.
#Bitcoin #BTC #CryptoAnalysis #TechnicalAnalysis
Resistance Zones: BTC faces a key resistance at $100,540 (0.5 Fibonacci retracement). A breakout above this could open the way for further bullish momentum.
Support Levels: On the downside, strong support lies at $92,000, aligning with the 1.0 Fibonacci level and historical price action.
RSI at Neutral Zone: The RSI currently sits at 50, signaling a neutral stance. Traders should watch closely for any directional confirmation during this time interval.
This time window could be a significant pivot for Bitcoin's next move. Monitor closely for volume changes and price reactions to key levels.
#Bitcoin #BTC #CryptoAnalysis #TechnicalAnalysis
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