BTCUSDT SPOT
Long

DeGRAM | BTCUSD Formed a Rising Bottom

170
📊 Technical Analysis
  • Breakout formation
    BTC/USDT bounced from strong support, forming higher lows and testing the resistance line.
  • Key resistance
    The main resistance zone is at $92,000; a breakout here could trigger strong upward momentum.
  • Predictive scenario
    The price is likely to continue rising toward resistance with a potential breakout if momentum holds.


💡 Fundamental Analysis
Cooling U.S. inflation and Fed pause support risk assets. Over 11B in BTC ETF inflows and fading tariff tensions add bullish pressure. On-chain data shows whales accumulating BTC.

Summary
Technical setup aligns with improving fundamentals. A break above 92K could lead to a sharp BTC rally. Monitor macro data and ETF flows.

-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!

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.