#BitcoinKeyZone
Bitcoin Key Zones are significant price levels that act as support or resistance for the cryptocurrency's price movement. These zones are identified through technical analysis and historical price data. They are crucial for traders and investors as they can help predict potential price trends and inform trading decisions.
Key Zones to Watch:
* Bounce Zone (First Key Area):
* Buy Area: $97,750 to $98,850
* Critical Bounce Point: $97,375
* Importance: If Bitcoin doesn't hold this zone, it could slide further into critical levels.
* Value Area Low (VAL):
* Range: $95,400 to $96,000
* Importance: This is where 68-70% of trading activity occurs, making it a key decision point for the next move.