Bitcoin price is aiming to close September with a 4.50% monthly gain, signaling the potential end of the recent correction phase and the formation of a bullish reversal pattern.
Technical Analysis:
BTC is currently testing a key mirror resistance level after a strong rally. Despite the recent upward momentum, the price has so far struggled to extend its growth beyond this zone.
If Bitcoin manages to break above the critical 114,000 resistance, the market structure could shift to a bullish reversal, confirming the end of the corrective phase. In such a scenario, the next resistance level to watch would be around 116,000, where further bullish momentum could push the price higher.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support with like and comments for better analysis Thanks
Technical Analysis:
BTC is currently testing a key mirror resistance level after a strong rally. Despite the recent upward momentum, the price has so far struggled to extend its growth beyond this zone.
If Bitcoin manages to break above the critical 114,000 resistance, the market structure could shift to a bullish reversal, confirming the end of the corrective phase. In such a scenario, the next resistance level to watch would be around 116,000, where further bullish momentum could push the price higher.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support with like and comments for better analysis Thanks
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Join My telegram Channel
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t.me/Jamessignals11
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.