Bullish Analysis
$BTC is showing signs of a possible bullish recovery. đ
Bitcoin is currently trading around $85.5K. The price has recovered strongly from the recent low and is now trading above the MA(7) around $74.2K, which is a positive sign for momentum.
The key level to watch is around $87.8K (MA25).
If successfully breaks and holds above this resistance, the next upside zones could be around:
đŻ $90K â $95K â $100K+
However, rejection around $87.8K could bring another pullback, so confirmation is important.
looks interesting here, but confirmation above resistance is the key. Crypto #Binance #Bullish
$BTC is showing signs of a possible bullish recovery. đ
Bitcoin is currently trading around $85.5K. The price has recovered strongly from the recent low and is now trading above the MA(7) around $74.2K, which is a positive sign for momentum.
The key level to watch is around $87.8K (MA25).
If successfully breaks and holds above this resistance, the next upside zones could be around:
đŻ $90K â $95K â $100K+
However, rejection around $87.8K could bring another pullback, so confirmation is important.
looks interesting here, but confirmation above resistance is the key. Crypto #Binance #Bullish
