BITCOIN has broken out of a major descending trendline and is now consolidating just below the 95,000 mark Here's a breakdown of the current structure and what to look for nextKey Highlights
Trendline Break BTC has decisively broken out of a multi-week downtrend, signaling a shift in market sentiment
Consolidation Zone Price is forming a tight range between 92,800 and 95,000 This type of consolidation above broken resistance often indicates accumulation
Fair Value Gap (FVG) Filled The gap around 87000–90000 has been filled showing strength and completion of market inefficiency
Support & Resistance Levels
Next target resistance zone 99,500 103,000
Key lower supports 92,800 86,500 81,200
Scenarios
Bullish Breakout A strong move above 95,000 with volume could push BTC toward 99,500 and possibly into the $100K zone
Healthy Pullback A dip into 92,800–$94,000 remains a possible bullish retest before continuation
Outlook
Bitcoin is showing strong bullish structure after breaking significant resistance. Holding above 92,800 keeps the upward momentum alive
Trade active
open your trade upwards planning!Note
Trade closed: target reached
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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.
Related publications
Disclaimer
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.