Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, the price has formed a clean upward channel after bouncing from the strong support zone at 103500 - 103000 points. This movement marked the beginning of a new bullish phase. Price continued to rise step by step, confirming the structure with higher highs and higher lows. After reaching above 110000 points, it made a minor pullback but still trades above Support 1 - 108800 points. This zone, 108800 - 108200 points, aligns well with the midline of the channel and may serve as a strong area for buyers to re-enter. The price is currently trading around 110382 points and is still respecting the channel structure. As long as BTCUSD stays above the support zone and inside the ascending channel, I expect a potential continuation toward the upper boundary. My current goal is 114000 points - near the resistance line of this bullish channel. Given the strong trendline support, clean reaction at each correction, and buyer activity on lows, I remain bullish and anticipate further growth. If you like my analytics you may support me with your like/comment ❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
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🚀If you want became part of my trading team & start making big profits welcome to my paid VIP signals group, write me✏️ bit.ly/4grtzW3
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
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.