Market Outlook (BTC/USD):
I’m currently observing the ₹94,125 level on the daily timeframe. A daily candle close below this level would significantly increase the probability of Bitcoin retracing toward the imbalance zone around ₹90,000.
However, there is a key demand zone near ₹86,000, which could act as a strong support and potentially push the market back upward. This area will be crucial in determining whether the bearish momentum continues or a reversal is triggered.
Let’s see how the market reacts around the ₹94,125 level. I’ll post the next update after Monday’s daily candle closes.
Thank you for your continued support — it's truly appreciated.
I’m currently observing the ₹94,125 level on the daily timeframe. A daily candle close below this level would significantly increase the probability of Bitcoin retracing toward the imbalance zone around ₹90,000.
However, there is a key demand zone near ₹86,000, which could act as a strong support and potentially push the market back upward. This area will be crucial in determining whether the bearish momentum continues or a reversal is triggered.
Let’s see how the market reacts around the ₹94,125 level. I’ll post the next update after Monday’s daily candle closes.
Thank you for your continued support — it's truly appreciated.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.