FenzoFx—Bitcoin consolidates near $104,225 after breaking below the bullish trendline, signaling a possible break of structure. This level acts as immediate support, and a bearish wave could form if BTC closes below it, targeting the $101,880 demand zone.
The bearish outlook remains valid unless Bitcoin surpasses $108,215. If broken, price could rise toward $111,800.
The bearish outlook remains valid unless Bitcoin surpasses $108,215. If broken, price could rise toward $111,800.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
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.