Binance Square

BTCUSDT

5.8M views
3,757 Discussing
Zoe_Crypto analyst
--
Bullish
$BTC /USDT short trade signal 🛑 🚦 BEARS GEARING UP FOR A PULLBACK MOVE! Bitcoin has faced strong resistance around the $95,300 zone after an aggressive rally, signaling exhaustion. The price has started to reject from the top, indicating a likely short-term bearish move toward lower support areas. Trade Setup: Short Entry: $95,250 - $95,350 Take Profit (TP): $94,250 Stop Loss (SL): $95,900 Market Outlook: The market is showing signs of a possible retracement after a strong impulse. A pullback towards $94,200 - $94,300 is anticipated. Traders should monitor momentum closely and manage risk accordingly. #Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysiss #BearishTrend buy and trade here on $BTC {spot}(BTCUSDT)
$BTC /USDT short trade signal 🛑 🚦
BEARS GEARING UP FOR A PULLBACK MOVE!

Bitcoin has faced strong resistance around the $95,300 zone after an aggressive rally, signaling exhaustion. The price has started to reject from the top, indicating a likely short-term bearish move toward lower support areas.

Trade Setup:

Short Entry: $95,250 - $95,350

Take Profit (TP): $94,250

Stop Loss (SL): $95,900

Market Outlook:
The market is showing signs of a possible retracement after a strong impulse. A pullback towards $94,200 - $94,300 is anticipated. Traders should monitor momentum closely and manage risk accordingly.

#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysiss
#BearishTrend
buy and trade here on $BTC
Crypto_Kobe:
Still 50/50. Market knows that traders ate assiming it will likely go down, vice versa.
--
Bearish
$BTC /USDT short trade signal 🛑 🚦 BEARISH REVERSAL: SHARP DUMP EXPECTED! Bitcoin has broken below key support around $94,390 after a failed retest attempt, signaling a strong bearish continuation. Sellers are in clear control, and further downside movement looks highly probable toward the next support levels. Trade Setup: Entry: $93,673 Take Profit (TP): $92,392 Stop Loss (SL): $94,390 Market Outlook: BTC has shifted its structure to bearish after losing major support zones. Unless it quickly reclaims $94,400, pressure will likely push prices lower. Traders should maintain strict stop loss and manage their risk wisely in this volatile phase. #Bitcoin #BTCUSDT #CryptoTrading #BearishTrend #TechnicalAnalysis buy and trade here on $BTC {spot}(BTCUSDT)
$BTC /USDT short trade signal 🛑 🚦
BEARISH REVERSAL: SHARP DUMP EXPECTED!

Bitcoin has broken below key support around $94,390 after a failed retest attempt, signaling a strong bearish continuation. Sellers are in clear control, and further downside movement looks highly probable toward the next support levels.

Trade Setup:

Entry: $93,673

Take Profit (TP): $92,392

Stop Loss (SL): $94,390

Market Outlook:
BTC has shifted its structure to bearish after losing major support zones. Unless it quickly reclaims $94,400, pressure will likely push prices lower. Traders should maintain strict stop loss and manage their risk wisely in this volatile phase.

#Bitcoin #BTCUSDT #CryptoTrading #BearishTrend #TechnicalAnalysis
buy and trade here on $BTC
$BTC /USDT Bull run alert 🔥 💯 BULLS GEARING UP FOR A POWERFUL REVERSAL MOVE! Bitcoin is showing strong signs of a bullish reversal from the demand zone near $93,450. After a healthy retest, buyers are stepping back in with momentum, aiming to push the price towards the upper resistance near $95,250. Trade Setup: Entry Zone: $93,800 – $93,950 Take Profit (TP): $95,200 – $95,250 Stop Loss (SL): $93,240 Market Outlook: BTC is forming a solid base above key support and is expected to continue its upward trajectory if the $93,450 zone holds. Momentum confirmation will strengthen as it reclaims the minor resistance near $94,200. #Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #BullishMove buy and trade here on $BTC {spot}(BTCUSDT)
$BTC /USDT Bull run alert 🔥 💯
BULLS GEARING UP FOR A POWERFUL REVERSAL MOVE!

Bitcoin is showing strong signs of a bullish reversal from the demand zone near $93,450. After a healthy retest, buyers are stepping back in with momentum, aiming to push the price towards the upper resistance near $95,250.

Trade Setup:

Entry Zone: $93,800 – $93,950

Take Profit (TP): $95,200 – $95,250

Stop Loss (SL): $93,240

Market Outlook:
BTC is forming a solid base above key support and is expected to continue its upward trajectory if the $93,450 zone holds. Momentum confirmation will strengthen as it reclaims the minor resistance near $94,200.

#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #BullishMove
buy and trade here on $BTC
🚀 $BTC 💯👍🔥 {spot}(BTCUSDT) /USDT Technical Analysis: Potential Setup 🚀 Looking at the current BTC/USDT price action, we see a potential opportunity forming. Here’s the breakdown: 📊 Entry Level: 93,500.00 USDT 💥 Target Levels: Target 1: 94,750.00 USDT Target 2: 95,500.00 USDT 🔴 Stop Loss: 93,000.00 USDT (protecting against downside risks) Analysis: BTC has been holding steady above the 93,250.00 level, showing potential for a bounce back. The first resistance is around 94,750.00, with a second target at 95,500.00. Watch for price action near key levels to confirm your entry. Risk/Reward: Solid risk-to-reward setup, especially with the tight stop loss. Always trade responsibly! 📈 #Binance #BTCUSDT #CryptoTrading #TechnicalAnalysis #Crypto
🚀 $BTC 💯👍🔥
/USDT Technical Analysis: Potential Setup 🚀

Looking at the current BTC/USDT price action, we see a potential opportunity forming. Here’s the breakdown:

📊 Entry Level: 93,500.00 USDT
💥 Target Levels:

Target 1: 94,750.00 USDT

Target 2: 95,500.00 USDT

🔴 Stop Loss: 93,000.00 USDT (protecting against downside risks)

Analysis: BTC has been holding steady above the 93,250.00 level, showing potential for a bounce back. The first resistance is around 94,750.00, with a second target at 95,500.00. Watch for price action near key levels to confirm your entry.

Risk/Reward: Solid risk-to-reward setup, especially with the tight stop loss.

Always trade responsibly! 📈

#Binance #BTCUSDT #CryptoTrading #TechnicalAnalysis #Crypto
$BTC /USDT Bull run alert 🔥 💯 BULLISH REVERSAL IN PLAY – BUYERS READY TO STRIKE BACK! Bitcoin is showing a strong bullish reversal after a sharp pullback towards the key demand zone around $93,600-$93,900. Price action suggests that bulls are defending the zone aggressively, with a potential move towards the $95,700 level in sight. Trade Setup: Entry: $94,300 – $94,500 Take Profit (TP): $95,700 Stop Loss (SL): $93,600 Market Outlook: BTC is holding firm at a critical support zone. A successful retest could fuel a fresh rally toward higher resistance levels. Risk management remains crucial as volatility stays high. #Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #BullishSetup buy and trade here on $BTC {spot}(BTCUSDT)
$BTC /USDT Bull run alert 🔥 💯
BULLISH REVERSAL IN PLAY – BUYERS READY TO STRIKE BACK!

Bitcoin is showing a strong bullish reversal after a sharp pullback towards the key demand zone around $93,600-$93,900. Price action suggests that bulls are defending the zone aggressively, with a potential move towards the $95,700 level in sight.

Trade Setup:

Entry: $94,300 – $94,500

Take Profit (TP): $95,700

Stop Loss (SL): $93,600

Market Outlook:
BTC is holding firm at a critical support zone. A successful retest could fuel a fresh rally toward higher resistance levels. Risk management remains crucial as volatility stays high.

#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis #BullishSetup

buy and trade here on $BTC
--
Bearish
$BTC {spot}(BTCUSDT) /USDT – Volatile Swings After Rejection Near $95.6K! ⚡📉 Bitcoin surged toward $95,630 but faced a strong rejection, slipping back to $93,635 (-0.47%) as volatility heats up ahead of key levels. Massive trading volume of 2.01B USDT underscores the intensity in the market! Market Snapshot: Current Price: $93,635.34 24H High: $95,630.00 24H Low: $92,800.01 24H Volume: 21,246.17 BTC Technical Outlook: BTC printed a sharp wick above $95K but failed to hold gains, leading to a fast sell-off. Watch the $93K–$93.5K zone for critical short-term support! Pro Tip: A clean bounce above $93K could trigger a quick recovery — but failure here risks opening downside toward $92,500 next! #BTCUSDT #Bitcoin #CryptoTrading #BinanceSquare #BTCUpdate
$BTC
/USDT – Volatile Swings After Rejection Near $95.6K! ⚡📉

Bitcoin surged toward $95,630 but faced a strong rejection, slipping back to $93,635 (-0.47%) as volatility heats up ahead of key levels.
Massive trading volume of 2.01B USDT underscores the intensity in the market!

Market Snapshot:

Current Price: $93,635.34

24H High: $95,630.00

24H Low: $92,800.01

24H Volume: 21,246.17 BTC

Technical Outlook:
BTC printed a sharp wick above $95K but failed to hold gains, leading to a fast sell-off. Watch the $93K–$93.5K zone for critical short-term support!

Pro Tip:
A clean bounce above $93K could trigger a quick recovery — but failure here risks opening downside toward $92,500 next!

#BTCUSDT #Bitcoin #CryptoTrading #BinanceSquare #BTCUpdate
📉 $BTC /USDT – Recovery Wave After Deep Pullback! 📈 Bitcoin is currently trading at $94,209.49, showing early signs of recovery after bouncing from the $93,444.00 low. The price is reclaiming minor levels and attempting to stabilize above $94,200. A sustained move above $94,300 could open a path toward retesting $94,800. Trade Setup: Entry Zone: $94,150 – $94,300 Target 1: $94,800 Target 2: $95,200 Final Target: $95,700 Stop Loss: $93,600 BTC bulls are slowly regaining control — watch for a breakout to strengthen bullish momentum! {spot}(BTCUSDT) #Bitcoin #BTCUSDT #CryptoTrading #Binance #BTC
📉 $BTC /USDT – Recovery Wave After Deep Pullback! 📈

Bitcoin is currently trading at $94,209.49, showing early signs of recovery after bouncing from the $93,444.00 low. The price is reclaiming minor levels and attempting to stabilize above $94,200. A sustained move above $94,300 could open a path toward retesting $94,800.

Trade Setup:

Entry Zone: $94,150 – $94,300

Target 1: $94,800

Target 2: $95,200

Final Target: $95,700

Stop Loss: $93,600

BTC bulls are slowly regaining control — watch for a breakout to strengthen bullish momentum!


#Bitcoin #BTCUSDT #CryptoTrading #Binance #BTC
$BTC /USDT Bull run alert 🔥 💯 BULLISH REVERSAL IN ACTION: BUYERS GEARING UP FOR NEXT LEG HIGH! Bitcoin is showing a strong bullish reversal from the 93,800 support zone after a sharp pullback. The price action suggests a rebound is underway, targeting higher resistance levels as buyers step in around the critical support, confirming a continuation of the upward trend. Trade Setup: Entry: 93,800 – 93,850 Take Profit 1 (TP1): 94,200 Take Profit 2 (TP2): 94,500 Stop Loss (SL): 93,430 Market Outlook: BTC is respecting the horizontal support and showing immediate signs of recovery. As long as 93,430 holds firm, bullish momentum is expected to drive the price towards 94,500. Risk management is crucial as volatility remains elevated. #Bitcoin #BTCUSDT #CryptoTrading #BullishSetup #TradingSignals buy and trade here on $BTC {spot}(BTCUSDT)
$BTC /USDT Bull run alert 🔥 💯
BULLISH REVERSAL IN ACTION: BUYERS GEARING UP FOR NEXT LEG HIGH!

Bitcoin is showing a strong bullish reversal from the 93,800 support zone after a sharp pullback. The price action suggests a rebound is underway, targeting higher resistance levels as buyers step in around the critical support, confirming a continuation of the upward trend.

Trade Setup:

Entry: 93,800 – 93,850

Take Profit 1 (TP1): 94,200

Take Profit 2 (TP2): 94,500

Stop Loss (SL): 93,430

Market Outlook:
BTC is respecting the horizontal support and showing immediate signs of recovery. As long as 93,430 holds firm, bullish momentum is expected to drive the price towards 94,500. Risk management is crucial as volatility remains elevated.

#Bitcoin #BTCUSDT #CryptoTrading #BullishSetup #TradingSignals
buy and trade here on $BTC
Evie Sedlay QKVj:
love it . you are pro it's was 💯. followed for more updates
$BTC /USDT BEARISH REVERSAL CONFIRMED – MORE DOWNSIDE COMING! Bitcoin ($BTC) has broken below a major support area around $94,400 and is struggling to reclaim it. After a weak retest, sellers have regained control, setting up a strong bearish continuation pattern. The market sentiment favors further declines toward lower support zones. Trade Setup: Entry: $93,670 - $93,780 Take Profit (TP): $92,400 Stop Loss (SL): $94,650 Market Outlook: Bitcoin's structure has shifted bearish after failing to sustain above the previous support zone. Continuation to the downside is likely unless bulls manage a strong reclaim above $94,400. Caution and disciplined risk management are essential. #BTCUSDT #Bitcoin #CryptoTrading #BearishSignal #ShortTrade {future}(BTCUSDT)
$BTC /USDT BEARISH REVERSAL CONFIRMED – MORE DOWNSIDE COMING!

Bitcoin ($BTC ) has broken below a major support area around $94,400 and is struggling to reclaim it. After a weak retest, sellers have regained control, setting up a strong bearish continuation pattern. The market sentiment favors further declines toward lower support zones.

Trade Setup:

Entry: $93,670 - $93,780

Take Profit (TP): $92,400

Stop Loss (SL): $94,650

Market Outlook:
Bitcoin's structure has shifted bearish after failing to sustain above the previous support zone. Continuation to the downside is likely unless bulls manage a strong reclaim above $94,400. Caution and disciplined risk management are essential.

#BTCUSDT #Bitcoin #CryptoTrading #BearishSignal #ShortTrade
$BTC /USDT short trade signal 🛑 🚦 BEARS READY TO STRIKE - SHORT SETUP ACTIVE! Bitcoin faced rejection after testing the 94,666 zone, showing signs of bearish pressure. The price failed to sustain the breakout and is now expected to move downward toward key support levels, offering a shorting opportunity. TRADE SETUP: Entry: 94,320 - 94,400 Take Profit (TP): 93,700 Stop Loss (SL): 94,670 MARKET OUTLOOK: BTC is struggling to break above the recent resistance. If the bearish momentum strengthens, a clean drop towards the 93,700 support area is likely. Risk management is essential as volatility remains high. #Bitcoin #BTCUSDT #CryptoTrading #ShortSetup #TradingSignal buy and trade here on $BTC {spot}(BTCUSDT)
$BTC /USDT short trade signal 🛑 🚦
BEARS READY TO STRIKE - SHORT SETUP ACTIVE!

Bitcoin faced rejection after testing the 94,666 zone, showing signs of bearish pressure. The price failed to sustain the breakout and is now expected to move downward toward key support levels, offering a shorting opportunity.

TRADE SETUP:

Entry: 94,320 - 94,400

Take Profit (TP): 93,700

Stop Loss (SL): 94,670

MARKET OUTLOOK:
BTC is struggling to break above the recent resistance. If the bearish momentum strengthens, a clean drop towards the 93,700 support area is likely. Risk management is essential as volatility remains high.

#Bitcoin #BTCUSDT #CryptoTrading #ShortSetup #TradingSignal
buy and trade here on $BTC
AnhNôngdâncrypto:
Very accurate ❤️
$BTC Ascending Triangle Formation on the 4H timeframe Chart..📈 Bulls need to Clear the 95.3k Horizontal Resistance to Confirm the Breakout.. Once Breakout happen, Next Stop would be 100k 🏌️‍♂️ #Bitcoin #BTC #BTCUSDT {spot}(BTCUSDT)
$BTC Ascending Triangle Formation on the 4H timeframe Chart..📈

Bulls need to Clear the 95.3k Horizontal Resistance to Confirm the Breakout..

Once Breakout happen, Next Stop would be 100k 🏌️‍♂️

#Bitcoin #BTC #BTCUSDT
📉 $BTC /USDT – Consolidation Before Big Move? 📈 Bitcoin is stabilizing at $94,335.39, showing slight positive momentum with +0.21% gains. After touching $94,434.79, BTC is forming tight consolidation just under resistance. A breakout above $94,450 could open doors toward the $95,000 zone, while immediate support rests at $94,100. Volume is steady — watch closely for a surge to confirm the next direction! Trade Setup: Entry Zone: $94,250 – $94,400 Target 1: $94,900 Target 2: $95,300 Final Target: $96,000 Stop Loss: $93,900 Momentum is tightening — the next move could be explosive once a clear breakout happens! {spot}(BTCUSDT) #Bitcoin #BTC #CryptoTrading #Binance #BTCUSDT
📉 $BTC /USDT – Consolidation Before Big Move? 📈

Bitcoin is stabilizing at $94,335.39, showing slight positive momentum with +0.21% gains. After touching $94,434.79, BTC is forming tight consolidation just under resistance. A breakout above $94,450 could open doors toward the $95,000 zone, while immediate support rests at $94,100. Volume is steady — watch closely for a surge to confirm the next direction!

Trade Setup:

Entry Zone: $94,250 – $94,400

Target 1: $94,900

Target 2: $95,300

Final Target: $96,000

Stop Loss: $93,900

Momentum is tightening — the next move could be explosive once a clear breakout happens!

#Bitcoin #BTC #CryptoTrading #Binance #BTCUSDT
--
Bullish
#BTCUSDT Bitcoin is in a bullish position. As you can see in the chart, the price has managed to bounce back nicely after hitting the support area. We expect the price to at least reach the ceiling of the pattern and even reach $150,000. $BTC {spot}(BTCUSDT)
#BTCUSDT Bitcoin is in a bullish position. As you can see in the chart, the price has managed to bounce back nicely after hitting the support area. We expect the price to at least reach the ceiling of the pattern and even reach $150,000.
$BTC
#BTCUSDT #Bitcoin #CryptoAnalysis #BinanceSquare #BTC $BTC {spot}(BTCUSDT) 95,490 USDT (recent local top) 95,800–96,000 USDT (psychological and technical resistance) 95,009 USDT (lower Bollinger Band) 94,259 USDT (major support from previous bounce BTC/USDT is currently in a consolidation phase, awaiting a breakout or breakdown. A decisive move above 95,490 USDT or below 95,000 USDT will likely set the tone for the next big move. Traders should watch volume closely; increasing volume on a breakout or breakdown will confirm the direction. Stay cautious and trade with proper risk management.
#BTCUSDT #Bitcoin #CryptoAnalysis #BinanceSquare #BTC $BTC
95,490 USDT (recent local top)
95,800–96,000 USDT (psychological and technical resistance)
95,009 USDT (lower Bollinger Band)
94,259 USDT (major support from previous bounce
BTC/USDT is currently in a consolidation phase, awaiting a breakout or breakdown. A decisive move above 95,490 USDT or below 95,000 USDT will likely set the tone for the next big move. Traders should watch volume closely; increasing volume on a breakout or breakdown will confirm the direction.

Stay cautious and trade with proper risk management.
--
Bullish
$BTC – Bulls Fighting Back Above $93,900! ⚡🚀 {future}(BTCUSDT) Bitcoin rebounds strongly to $93,933 after dipping to $92,800, showing solid buyer interest! 24h High stands at $94,545, and momentum is building for another push. Key Stats: Price: $93,933.08 24h High: $94,545.45 24h Low: $92,800.01 Volume: 1.04B USDT Bulls are back in action — eyes on $94,600 next! #BTCUSDT #BitcoinUpdate #CryptoMomentum #BinanceTrading
$BTC – Bulls Fighting Back Above $93,900! ⚡🚀

Bitcoin rebounds strongly to $93,933 after dipping to $92,800, showing solid buyer interest! 24h High stands at $94,545, and momentum is building for another push.

Key Stats:

Price: $93,933.08

24h High: $94,545.45

24h Low: $92,800.01

Volume: 1.04B USDT

Bulls are back in action — eyes on $94,600 next!

#BTCUSDT #BitcoinUpdate #CryptoMomentum #BinanceTrading
🚀 $BTC 💯👍🔥 BTC 94,643.99 +0.58% /USDT Technical Analysis: Potential Setup 🚀 Looking at the current BTC/USDT price action, we see a potential opportunity forming. Here’s the breakdown: 📊 Entry Level: 93,500.00 USDT 💥 Target Levels: Target 1: 94,750.00 USDT Target 2: 95,500.00 USDT 🔴 Stop Loss: 93,000.00 USDT (protecting against downside risks) Analysis: BTC has been holding steady above the 93,250.00 level, showing potential for a bounce back. The first resistance is around 94,750.00, with a second target at 95,500.00. Watch for price action near key levels to confirm your entry. Risk/Reward: Solid risk-to-reward setup, especially with the tight stop loss. Always trade responsibly! 📈 #Binance #BTCUSDT #CryptoTrading #TechnicalAnalysis #Crypto
🚀 $BTC 💯👍🔥
BTC
94,643.99
+0.58%
/USDT Technical Analysis: Potential Setup 🚀
Looking at the current BTC/USDT price action, we see a potential opportunity forming. Here’s the breakdown:
📊 Entry Level: 93,500.00 USDT
💥 Target Levels:
Target 1: 94,750.00 USDT
Target 2: 95,500.00 USDT
🔴 Stop Loss: 93,000.00 USDT (protecting against downside risks)
Analysis: BTC has been holding steady above the 93,250.00 level, showing potential for a bounce back. The first resistance is around 94,750.00, with a second target at 95,500.00. Watch for price action near key levels to confirm your entry.
Risk/Reward: Solid risk-to-reward setup, especially with the tight stop loss.
Always trade responsibly! 📈
#Binance #BTCUSDT #CryptoTrading #TechnicalAnalysis #Crypto
#BTCUSDT Analysis 🔺 #Bitcoin is consolidating within a symmetrical triangle, rebounding off support. 🔍 The 21MA is capping price action — a breakout or breakdown will confirm the next major move. #TechnicalAnalysis $BTC
#BTCUSDT Analysis

🔺 #Bitcoin is consolidating within a symmetrical triangle, rebounding off support.

🔍 The 21MA is capping price action — a breakout or breakdown will confirm the next major move.

#TechnicalAnalysis $BTC
Title: Weekly $BTC BTC/USDT Outlook: Riding the Bull Wave? 🐂 Content: Hey Binance Fam! 👋 Let's dive into the weekly chart for BTC/USDT to get a sense of the bigger picture. Currently, the weekly trend for Bitcoin looks strongly bullish. We've seen impressive gains, and moving averages are overwhelmingly in buy territory. However, it's crucial to be aware of a few key levels: * Resistance to Watch: The previous all-time high around 109,500 USDT is the ultimate target for the bulls. More immediately, keep an eye on the 95,000 USDT area. * Support to Hold: The long-term ascending trendline (currently near 83,000 USDT) has been a solid support. Also, the weekly 20 SMA around 91,800 USDT could act as a dynamic support level. Technical Indicators at a Glance: * Moving Averages: Showing strong bullish momentum. * Oscillators (RSI, CCI): Some suggest we might be in overbought territory, so watch for potential consolidation. * MACD: Still indicating bullish momentum. What could happen next? * Bullish Scenario: If BTC holds above key support, we could see a push towards and potentially beyond the all-time high. * Consolidation: A period of sideways movement or a shallow pullback to cool down the overbought conditions wouldn't be surprising and could set up the next leg up. * Bearish Caution: A break below the long-term trendline would warrant a more cautious outlook. Remember: This is just an analysis based on the weekly timeframe. Always do your own research (DYOR) and consider your own risk management strategy. What are your thoughts on BTC's weekly outlook? Share your analysis in the comments below! 👇 #BTC #Bitcoin $BTC #BTCUSDT #Crypto #TechnicalAnalysis #BinanceSquareTalks
Title: Weekly $BTC BTC/USDT Outlook: Riding the Bull Wave? 🐂
Content:
Hey Binance Fam! 👋 Let's dive into the weekly chart for BTC/USDT to get a sense of the bigger picture.
Currently, the weekly trend for Bitcoin looks strongly bullish. We've seen impressive gains, and moving averages are overwhelmingly in buy territory.
However, it's crucial to be aware of a few key levels:
* Resistance to Watch: The previous all-time high around 109,500 USDT is the ultimate target for the bulls. More immediately, keep an eye on the 95,000 USDT area.
* Support to Hold: The long-term ascending trendline (currently near 83,000 USDT) has been a solid support. Also, the weekly 20 SMA around 91,800 USDT could act as a dynamic support level.
Technical Indicators at a Glance:
* Moving Averages: Showing strong bullish momentum.
* Oscillators (RSI, CCI): Some suggest we might be in overbought territory, so watch for potential consolidation.
* MACD: Still indicating bullish momentum.
What could happen next?
* Bullish Scenario: If BTC holds above key support, we could see a push towards and potentially beyond the all-time high.
* Consolidation: A period of sideways movement or a shallow pullback to cool down the overbought conditions wouldn't be surprising and could set up the next leg up.
* Bearish Caution: A break below the long-term trendline would warrant a more cautious outlook.
Remember: This is just an analysis based on the weekly timeframe. Always do your own research (DYOR) and consider your own risk management strategy.
What are your thoughts on BTC's weekly outlook? Share your analysis in the comments below! 👇
#BTC #Bitcoin $BTC #BTCUSDT #Crypto #TechnicalAnalysis #BinanceSquareTalks
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number