Hello Traders! What are vour thoughts on Bitcoin? BTCUSD Bitcoin vs US Dollar
Hello Traders! What are vour thoughts on Bitcoin?
Bitcoin (BTC/USDT) is currently navigating a critical iuncture on the daily timeframe. After a steady recovery within a rising structure, the price has reached a high-confluence zone that will likelv dictate the market's direction for the coming weeks. Kev Chart Observations. Since the February lows, BTC has been respecting a well-defined Ascending channel. The price is currently testing the upper boundary of this channel, which often acts as a short-term exhaustion point A long-term bearish trendline stemming from the previous peak is now intersecting perfectly with the current price action. This is the primary hurdle for the bulls Critical Zones: 4G+ 425 Supply Zone: Located between $78,000 - $80,000. This area is reinforced by the 0.5 Fibonacci retracement leve $79,157). A daily close
2026.04.19 19:07 0