Bitcoin has broken below its ascending trendline on the 4H chart, signaling a potential shift in momentum. 📉
Current Price: $103,322
Immediate Support Levels: $101,539 | $97,205
Target Zone: ~$97K if bearish momentum continues
Resistance: $105,101 | $108,941
If the momentum is sustained above $105,101, we can see a rally to the immediate resistance of $ 112,000.
Stay tuned for detailed updates !!
Watch for confirmation below $101.5K — a sustained drop could open the gates to further downside. Trade safe! 🚨
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #TradingView #ScramblerG
Current Price: $103,322
Immediate Support Levels: $101,539 | $97,205
Target Zone: ~$97K if bearish momentum continues
Resistance: $105,101 | $108,941
If the momentum is sustained above $105,101, we can see a rally to the immediate resistance of $ 112,000.
Stay tuned for detailed updates !!
Watch for confirmation below $101.5K — a sustained drop could open the gates to further downside. Trade safe! 🚨
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #TradingView #ScramblerG
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