Bitcoin has successfully broken the descending trendline resistance, confirming a bullish continuation toward the upper levels.
Price is currently supported by the Immediate Demand Zone between 90,970 and 92,917.
Below that, a stronger support lies around the Strong Demand Zone between 84,011 and 86,374.
If momentum holds, Bitcoin is poised to test the 103,898 - 107,211 region, identified as a Dangerous Supply Zone where potential heavy sell-offs could occur.
An extended push could aim for the projected high at 105,428.
Invalidation would occur if price sharply falls below 84,000, returning pressure to the downside. Structure remains bullish as long as higher demand zones continue to hold.
Trade at your own Risk 👍
Best Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
