BTCUSD (Bitcoin) — Market Outlook

avatar
· Views 543

Bitcoin has broken out of a descending channel, confirming a shift toward bullish momentum.

Price is currently consolidating below resistance, suggesting accumulation before expansion.


📈 Market Structure

• Pattern → Channel Breakout

• Momentum → Bullish

• Market Phase → Accumulation

👉 Bias: Bullish


🔴 Resistance Levels

68,000 → Immediate breakout level

68,500 → Supply zone

69,600 → Major target


🟢 Support Levels

67,500 → Immediate support

66,800 → Structure support


📌 Conclusion

Bitcoin is preparing for a potential momentum expansion, with 68,000 acting as the key trigger level.




Fore more : https://t.co/2BkxilNbVF


#BTC/USD# #cryptocurrency# #Crypto#


BTCUSD (Bitcoin) — Market Outlook


Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest