📈💥 Bitcoin Update: Key Levels, Geopolitics & Cautious Trading Ahead 💭🌍
Hey Traders,
Many of you asked for a fresh Bitcoin update — so here we go. 🚀
Last time, we caught that breakout, but it turned out to be a fakeout. Since then, the situation has become more complex. Geopolitical tensions between Iran and Israel, combined with uncertainty in the Middle East, are weighing heavily on sentiment. 🕊️💣
On the macro side, the Federal Reserve is expected to keep rates unchanged for now — no cuts yet. Building permits data has disappointed again, but inflation is cooling slightly. For now, the big market mover is clearly geopolitics.
👉 Key Levels to Watch:
✅ Support:
$102,400 – $102,700 — If Bitcoin dips here, watch for a bounce.
✅ Resistance:
$106,000 — Major resistance.
Next Resistance: $108,350
Ultimate target: $113,000–$115,000, IF momentum returns.
So how am I approaching it?
📌 Long above $106K → first stop $108K → target $113K–$115K.
📌 Short below $106K → watch support zones carefully.
📌 If we lose $102K, next big supports are $97,700, $89,000 — and even $79,000 if things worsen.
🚫 Big Picture:
We’re still stuck in a broad sideways range — roughly $100,000–$110,000 — until a clear breakout or breakdown occurs. Without a Fed pivot or de-escalation in the Middle East, momentum may stay muted.
🙏 My Advice:
Be cautious. Size your positions wisely. Respect levels. And above all, stay safe — mentally and emotionally — in these uncertain times.
I’ll keep you updated step-by-step. Trade smart, stay kind.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
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.
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
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.