Bitcoin Short-Term Technical Outlook
Current Trend: Bearish / Declining
Bitcoin is currently showing signs of a bearish trend, with the price trending downward We expect the price of BTC to potentially move further downward in the short term.
Resistance Zone: 108,500
This is the key level BTC would need to break to reverse the current downtrend. Price rejection from this zone may confirm continued bearish momentum.
Support Level: $104,086
This is the critical support line. If this level is broken, it could signal further downside toward lower support zones.
You can see more details in the chart Ps Support with like and comments for more analysis.
Current Trend: Bearish / Declining
Bitcoin is currently showing signs of a bearish trend, with the price trending downward We expect the price of BTC to potentially move further downward in the short term.
Resistance Zone: 108,500
This is the key level BTC would need to break to reverse the current downtrend. Price rejection from this zone may confirm continued bearish momentum.
Support Level: $104,086
This is the critical support line. If this level is broken, it could signal further downside toward lower support zones.
You can see more details in the chart Ps Support with like and comments for more analysis.
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Trade active Stay tuned and Hold on
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Join My telegram Channel
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t.me/+H8GlkRY1oZVkNTJk
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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.