#cryptotradingpro #BTC
๐ฅ $BTC /USDT Analysis: Impulse Breakout and Targets to $100,000
Bitcoin is showing strong upward momentum after a long accumulation phase. The price is aggressively breaking out of the $60,000โ$63,000 range, where buyers have formed a solid bottom and are protecting their positions.
๐ Key levels on the chart
Resistance:
$83,000 โ $85,000 โ The nearest local high and a zone of high selling density.
$95,000 โ $100,000 โ The main psychological and volume target for bulls.
Support:
$75,000 โ The key level of cancellation of the bullish scenario (โ Stopโ ).
$68,000 โ $70,000 โ Mirror support zone for retest.
๐ฆ Scenarios
๐ข Priority (Bullish): Keeping the price above $78,000โ$80,000 opens a direct path to a breakdown of $85,000 and further movement towards $100,000.
๐ด Alternative (Correctional): In case of a rejection of $85,000, a local pullback to $75,000โ$68,000 is expected to remove liquidity before a new wave of growth.
โ ๏ธ Conclusion: The initiative is completely on the side of buyers. As long as the price is held above $75,000, any local dips are considered potential points for the continuation of the trend.
๐ฅ $BTC /USDT Analysis: Impulse Breakout and Targets to $100,000
Bitcoin is showing strong upward momentum after a long accumulation phase. The price is aggressively breaking out of the $60,000โ$63,000 range, where buyers have formed a solid bottom and are protecting their positions.
๐ Key levels on the chart
Resistance:
$83,000 โ $85,000 โ The nearest local high and a zone of high selling density.
$95,000 โ $100,000 โ The main psychological and volume target for bulls.
Support:
$75,000 โ The key level of cancellation of the bullish scenario (โ Stopโ ).
$68,000 โ $70,000 โ Mirror support zone for retest.
๐ฆ Scenarios
๐ข Priority (Bullish): Keeping the price above $78,000โ$80,000 opens a direct path to a breakdown of $85,000 and further movement towards $100,000.
๐ด Alternative (Correctional): In case of a rejection of $85,000, a local pullback to $75,000โ$68,000 is expected to remove liquidity before a new wave of growth.
โ ๏ธ Conclusion: The initiative is completely on the side of buyers. As long as the price is held above $75,000, any local dips are considered potential points for the continuation of the trend.
