🔸 After the new All-Time High printed 10 days ago, Bitcoin entered a consolidation phase. So far, the market looks healthy and seems to be waiting for a trigger to continue the uptrend.
🔸 A clear support zone has formed around 116k, and as long as this level holds, bulls remain in full control of the market.
📉 For short-term traders and speculators:
Buying dips near 117.5k could offer solid risk/reward setups, with a target around 125k in case of a breakout.
Let’s see if the market gives us the trigger we’re waiting for. 🚀
🔸 A clear support zone has formed around 116k, and as long as this level holds, bulls remain in full control of the market.
📉 For short-term traders and speculators:
Buying dips near 117.5k could offer solid risk/reward setups, with a target around 125k in case of a breakout.
Let’s see if the market gives us the trigger we’re waiting for. 🚀
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.