A critical zone for Bitcoin:
As you can see, $106,500 is a key static level that intersects with the bottom of the current channel.
If this level is lost — either with a daily close below it or at least a 4H candle close — we could expect further downside toward lower levels.
In that case, the $91,000 area could act as a strong support for Bitcoin.
As you can see, $106,500 is a key static level that intersects with the bottom of the current channel.
If this level is lost — either with a daily close below it or at least a 4H candle close — we could expect further downside toward lower levels.
In that case, the $91,000 area could act as a strong support for Bitcoin.
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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.
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.