Bitcoin is currently trading inside an upward channel, showing a short-term bullish structure. Price recently touched the upper boundary of the channel and is now hovering around the 110,490 entry level.
Bullish Case: If Bitcoin sustains above 110,490, buyers are likely to push towards the next resistance zone at 113,219, which also aligns with the channel extension. This move would represent a gain of around +2.42%.
Bearish Case: A break below the 110,049 stop level would weaken the bullish structure and open the way for a decline toward 107,518, a key support level, marking a potential −2.21% downside.
Summary: BTC/USD remains bullish within the channel, but traders should monitor the 110,490–110,049 zone closely. Holding above favors long positions, while a confirmed breakdown signals short opportunities.
Bullish Case: If Bitcoin sustains above 110,490, buyers are likely to push towards the next resistance zone at 113,219, which also aligns with the channel extension. This move would represent a gain of around +2.42%.
Bearish Case: A break below the 110,049 stop level would weaken the bullish structure and open the way for a decline toward 107,518, a key support level, marking a potential −2.21% downside.
Summary: BTC/USD remains bullish within the channel, but traders should monitor the 110,490–110,049 zone closely. Holding above favors long positions, while a confirmed breakdown signals short opportunities.
Join my telegram (COPY_TRADE)
t.me/+4ns23-AkD5RmM2Q0
t.me/+4ns23-AkD5RmM2Q0
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/+4ns23-AkD5RmM2Q0
t.me/+4ns23-AkD5RmM2Q0
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Join my telegram (COPY_TRADE)
t.me/+4ns23-AkD5RmM2Q0
t.me/+4ns23-AkD5RmM2Q0
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/+4ns23-AkD5RmM2Q0
t.me/+4ns23-AkD5RmM2Q0
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.