$BTC 📊
Precise and Detailed Technical Analysis 🧐
Current Price: $95,000
Bitcoin continues to hold above the main support at $92,000, and the recent weekly close above this level is a strong positive signal supporting the continuation of the upward momentum in the market.
The technical analysis shows the following:
The ascending triangle has been broken, and the descending trend line was broken in a positive direction.
If the price does not remain above $95,000, we may witness a natural corrective movement towards the support areas:
$89,000 - $88,000
Which presents an opportunity for re-centering in preparation for continuing the rise.
Upcoming resistances:
$102,566 - $103,550
And if it stabilizes and closes above them, the price will move towards higher targets:
$108,353 - $109,588
We are now in a sensitive and pivotal area, and stabilization or breaking will determine the shape of the next wave…