BTC is currently trading at $115,669 after a recovery bounce from the $112,700 support zone. Price recently broke above the descending trendline (red), signaling a potential shift in short-term momentum.
Key levels to watch:
🔴 Immediate Resistance: $116,000 – $116,380
🟢 Supports: $115,389 / $114,153 / $112,709
📈 Higher Resistance Zones: $118,048 / $120,314 / $123,273
The RSI (14) is currently at 55.96, slightly above neutral, suggesting BTC has room to move either direction without being overbought or oversold.
📌 Bullish Scenario: A break above $116,380 could open the way to retest $118,000 and possibly $120,000.
📌 Bearish Scenario: Rejection from current resistance may lead to a pullback toward $114,000 – $113,700, with deeper downside risk if $112,700 fails.
⚖️ Outlook: BTC is trying to regain bullish momentum after a recent downtrend. A decisive move above $116K will be crucial for further upside.
Key levels to watch:
🔴 Immediate Resistance: $116,000 – $116,380
🟢 Supports: $115,389 / $114,153 / $112,709
📈 Higher Resistance Zones: $118,048 / $120,314 / $123,273
The RSI (14) is currently at 55.96, slightly above neutral, suggesting BTC has room to move either direction without being overbought or oversold.
📌 Bullish Scenario: A break above $116,380 could open the way to retest $118,000 and possibly $120,000.
📌 Bearish Scenario: Rejection from current resistance may lead to a pullback toward $114,000 – $113,700, with deeper downside risk if $112,700 fails.
⚖️ Outlook: BTC is trying to regain bullish momentum after a recent downtrend. A decisive move above $116K will be crucial for further upside.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.