#btc is holding the 100718 level on the daily chart. The potential for an upward movement continues.
It is challenging the resistance zone of 106-109 thousand. It is %1.82 away from the ATH. A significant breakout will bring a new ATH.
The resistance at the level of 114000 will be important during the rise. The next resistance is at the level of 129000.
If a closing occurs below 100718, there could be a rise again if it holds at any of the support levels of 98622-94595. If it loses these supports, the pink box in the region of 91652-90479 is a support area. A reversal confirmation should be sought at the supports.
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#btc is holding the 100718 level on the daily chart. The potential for an upward movement continues.
It is challenging the resistance zone of 106-109 thousand. It is %1.82 away from the ATH. A significant breakout will bring a new ATH.
The resistance at the level of 114000 will be important during the rise. The next resistance is at the level of 129000.
If a closing occurs below 100718, there could be a rise again if it holds at any of the support levels of 98622-94595. If it loses these supports, the pink box in the region of 91652-90479 is a support area. A reversal confirmation should be sought at the supports.