Upside pressure is growing: #BTC/USDT ANALYSIS.
Bitcoin is trading above the 100MA, which is acting as a key support, while price remains within the horizontal supply zone.
A sustained hold above the 100MA followed by a breakout of the supply zone could trigger a strong upward rally.
On the other hand, a breakdown below the 100MA support would signal further downside in the market.
Key support and resistance bounds remain pivotal for $BTC .
#CryptoMarket #DeFi
Bitcoin is trading above the 100MA, which is acting as a key support, while price remains within the horizontal supply zone.
A sustained hold above the 100MA followed by a breakout of the supply zone could trigger a strong upward rally.
On the other hand, a breakdown below the 100MA support would signal further downside in the market.
Key support and resistance bounds remain pivotal for $BTC .
#CryptoMarket #DeFi
