🚨 ARE THE $90,000S COMING? MARKET ANALYSIS THIS WEEK 🚀
We’re kicking off the week with fire in the charts! Bitcoin surged through the $85,000 area, reaching the highest levels in months and shifting market sentiment.
Here are the 3 key points you should have on your radar these days:
1️⃣ Key Break & Inflow Entry: The return of institutional demand in the ETFs and renewed appetite for risk pushed the price above the critical resistance of $82,200. 2️⃣ Sentiment and Risk: The Fear & Greed index is at 70 (Greed). While the daily trend is flawless, technical indicators (RSI) show overbought levels on shorter timeframes. Watch out for short-term volatility! 3️⃣ Key Levels to Watch: • Main support: $82,200 – $82,800 (former key resistance). • Bullish targets: $90,000 and the psychological level of $100,000 ahead of year-end.
👇 LEAVE YOUR PREDICTION IN THE COMMENTS: Do you think this week we’ll break $90,000, or is a retest of supports coming before continuing #BTC #crypto #BinanceSquare #MarketUpdate
We’re kicking off the week with fire in the charts! Bitcoin surged through the $85,000 area, reaching the highest levels in months and shifting market sentiment.
Here are the 3 key points you should have on your radar these days:
1️⃣ Key Break & Inflow Entry: The return of institutional demand in the ETFs and renewed appetite for risk pushed the price above the critical resistance of $82,200. 2️⃣ Sentiment and Risk: The Fear & Greed index is at 70 (Greed). While the daily trend is flawless, technical indicators (RSI) show overbought levels on shorter timeframes. Watch out for short-term volatility! 3️⃣ Key Levels to Watch: • Main support: $82,200 – $82,800 (former key resistance). • Bullish targets: $90,000 and the psychological level of $100,000 ahead of year-end.
👇 LEAVE YOUR PREDICTION IN THE COMMENTS: Do you think this week we’ll break $90,000, or is a retest of supports coming before continuing #BTC #crypto #BinanceSquare #MarketUpdate