This Bitcoin (BTC/USDT) chart shows a rising trend but is nearing a key resistance zone around $95,758. There's a possibility of a fake breakout above resistance (shown by the squiggly line) followed by a drop below the trendline.
If that happens, price might fall toward the support zone near $89,600.
Bullish on the following reasons: - Taken out last quarters low - Deviation of last quarters low - Broken out of the trendline (slightly) - Support at key range lows
"The market is showing strength! After retesting support, it’s building momentum for a possible breakout. If buyers stay in control, we could see a strong move up toward the next resistance zone around 170–175."
Simple chart with key levels from a few days ago playing out well.
1W OB above in the $170 - $180 range.
If we continue to hold above the green box on 4h, we will be making a quick push toward the weekly OB above.
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A big breakout could be coming, with $96,000 in sight. Watch closely — the next move could be huge!"
"Bitcoin is getting ready for a big move up! After some pullbacks, it's building momentum to target $96,000. Buyers are gaining control — exciting times ahead!"
$ETH Dominance has bottomed. A big reversal is imminent.
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