Bitcoin price is aiming to close September with a 4.50% monthly gain, signaling the potential end of the recent correction phase and the formation of a bullish reversal pattern.
Technical Analysis:
BTC is currently testing a key mirror resistance level after a strong rally. Despite the recent upward momentum, the price has so far struggled to extend its growth beyond this zone.
If Bitcoin manages to break above the critical 114,000 resistance, the market structure could shift to a bullish reversal, confirming the end of the corrective phase. In such a scenario, the next resistance level to watch would be around 116,000, where further bullish momentum could push the price higher.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support with like and comments for better analysis Thanks
Technical Analysis:
BTC is currently testing a key mirror resistance level after a strong rally. Despite the recent upward momentum, the price has so far struggled to extend its growth beyond this zone.
If Bitcoin manages to break above the critical 114,000 resistance, the market structure could shift to a bullish reversal, confirming the end of the corrective phase. In such a scenario, the next resistance level to watch would be around 116,000, where further bullish momentum could push the price higher.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support with like and comments for better analysis Thanks
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Join My telegram Channel
t.me/AnalysisGold2
Free Forex Signals
t.me/Jamessignals11
t.me/AnalysisGold2
Free Forex Signals
t.me/Jamessignals11
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。