📈 Bitcoin Chart Watch: A Game of Levels!
From March 24 to September 24, Bitcoin played the patience game—consolidating in a tight range. But on September 24, the bulls charged, breaking out and pushing BTC to a high of USD 108,300 by December 24.
However, since then, it’s faced some resistance. Two breakout attempts in January 2025 and May 2025 fizzled out, indicating a strong supply zone up top.
Currently, BTC is hovering around mid-channel support—a crucial zone where the next breakout (up or down) could offer a high-probability trading opportunity.
🎯 Keep an eye on this level. Whichever way it cracks, the move could be swift and decisive.
#Bitcoin #CryptoTrading #BTCBreakout #TradingOpportunity #MarketWatch #SaptharishiAlgo
From March 24 to September 24, Bitcoin played the patience game—consolidating in a tight range. But on September 24, the bulls charged, breaking out and pushing BTC to a high of USD 108,300 by December 24.
However, since then, it’s faced some resistance. Two breakout attempts in January 2025 and May 2025 fizzled out, indicating a strong supply zone up top.
Currently, BTC is hovering around mid-channel support—a crucial zone where the next breakout (up or down) could offer a high-probability trading opportunity.
🎯 Keep an eye on this level. Whichever way it cracks, the move could be swift and decisive.
#Bitcoin #CryptoTrading #BTCBreakout #TradingOpportunity #MarketWatch #SaptharishiAlgo
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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.