BTCUSDT Weekly Chart Analysis
Major Structure: Bitcoin is experiencing a significant correction, now testing the most important multi-year support zone around $80,000–$82,000.
Patterns: The chart shows multiple rounded bottoms and a massive base structure, indicating repeated accumulation phases since 2021.
Support Zone: This highlighted area is not only a former breakout region but also converges with major horizontal and trendline support levels, making it highly significant for bulls.
If buyers defend this zone, a swift rebound toward $123,000–$130,000 is likely, maintaining the long-term uptrend.
Failure to hold here increases risk for deeper corrective moves, and the next support would be much lower.
Momentum Shift: The steepness and sharp drop into support reflect panic or forced selling, often associated with extreme sentiment lows.
DYOR | NFA
Major Structure: Bitcoin is experiencing a significant correction, now testing the most important multi-year support zone around $80,000–$82,000.
Patterns: The chart shows multiple rounded bottoms and a massive base structure, indicating repeated accumulation phases since 2021.
Support Zone: This highlighted area is not only a former breakout region but also converges with major horizontal and trendline support levels, making it highly significant for bulls.
If buyers defend this zone, a swift rebound toward $123,000–$130,000 is likely, maintaining the long-term uptrend.
Failure to hold here increases risk for deeper corrective moves, and the next support would be much lower.
Momentum Shift: The steepness and sharp drop into support reflect panic or forced selling, often associated with extreme sentiment lows.
DYOR | NFA
منشورات ذات صلة
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.
منشورات ذات صلة
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.