Bitcoin: Short-Term Bullish Recovery on the Table

5 日前

Bitcoin: Short-Term Bullish Recovery on the Table

Bitcoin is showing early signs of a potential short-term bullish reversal as price continues to respect the descending channel. The latest bounce from the channel’s lower boundary suggests growing buyer interest, and a breakout above the upper trendline could trigger a stronger recovery.

If BTC manages to break and retest the channel resistance, the next targets sit at:

Key Bullish Targets
$99,600
$103,800

As long as the price holds above the channel, the short-term bullish scenario remains valid. A clean breakout would confirm upside continuation.

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️

4 日前

注文をキャンセル

Price declined and didn't activate the bullish pattern as I explained
Stay away