šÆ BTC's Next Move! š
š Trendline Breakout:
The chart shows that BTC has broken out of a descending trendline (green) and is currently trading above the red support line. This signals a potential bullish move.
š”ļø Support Level:
BTC retested the $91,530.45 level and bounced back, making it a strong support zone.
šÆ Next Resistance Levels:
1ļøā£ First Resistance: $96,857.59 š„
2ļøā£ Second Resistance: $103,025.86 š„
If bullish momentum continues, these levels could be tested.
š Volume Analysis:
An increase in volume indicates growing market interest, which could support the breakout.
š® Two Possible Scenarios:
1ļøā£ Bullish:
If BTC stays above $94,715.09, it may head toward $96,857.59 and beyond.
2ļøā£ Bearish:
If BTC falls back below the red trendline, it could revisit $91,530.45 or lower.
š Watch Closely:
Look for confirmation of support or rejection at the current levels to determine the next direction.
ā” What do you think? Share your thoughts in the comments! š