Bitcoin remains within a descending channel but continues to defend the strong support area around 101,296 USDT — a level that previously triggered a sharp rebound. On the H4 timeframe, price is consolidating sideways, forming an accumulation range. If this support holds, a bounce toward the 105,356 USDT zone is likely.
As of June 19, Binance holds 41% of global BTC trading market share, providing deep liquidity and tight spreads. This market condition favors a potential short-term recovery in BTC.
A breakout above the key resistance zone at 105,000–106,000 USDT could open the door for a broader upside continuation.
As of June 19, Binance holds 41% of global BTC trading market share, providing deep liquidity and tight spreads. This market condition favors a potential short-term recovery in BTC.
A breakout above the key resistance zone at 105,000–106,000 USDT could open the door for a broader upside continuation.
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🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
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.