La salida del presidente de la SEC, Gensler, genera esperanz | TMC en Binance Square

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La salida del presidente de la SEC, Gensler, genera esperanza de compromisos en los casos de criptomonedas y regulación
#SECCryptoRule  

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Market Update: Bitcoin failed to break through the $106.5k resistance level, leading to a sharp sell-off. The price quickly dropped below the $103.1k level (Monday High), and the $102.4k level (Weekly Open) has now turned into resistance, as seen in recent 4-hour candles. At this point, I’m watching for a potential reclaim of the $103.1k level. However, there’s still a chance we could see a sweep below $100k, especially towards the Previous Week Low area, over the weekend.

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Market Update: Bitcoin has continued its march towards the $106.5k level (previous week’s high), where we’ve seen the expected rejection. The outlook remains unchanged—if Bitcoin flips $106.5k, we could quickly see a move towards $108k. Key level to watch now is $103.1k (Monday high); a strong reaction here could signal the next move. Early signs suggest altcoins are starting to catch up with Bitcoin, which could point to broader market participation in the near future.

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Market Update: Bitcoin Eyes Key Resistance Levels Bitcoin has successfully broken its 4-hour downtrend, with the $103.1k level flipping to support after a solid retest. Now, the focus shifts to the $106.5k resistance, which is the previous week’s high. The next step will be to see if Bitcoin can maintain support at $103.1k during any pullbacks. A strong break above $106.5k could set up a push towards $108k, the next major resistance point. The market is showing bullish potential, but these critical levels will determine the short-term direction.

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Market Update: As highlighted yesterday, we were anticipating Bitcoin to react around the $100k level on any retest, and that’s exactly what played out overnight. BTC saw a quick bounce off $100.2k, reclaiming $102.4k (Weekly Open). However, resistance is once again showing at $103.1k (Monday High), where we’re also dealing with the 4-hour downtrend from the All-Time High. With the FOMC meeting later today, expect some volatility. For now, we’re looking for Bitcoin to maintain support at $100k on any pullbacks or a break above $103.1k, which could pave the way for a potential move towards $106.5k.

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Market Update: Bitcoin has shown a strong recovery after dipping to $97.5k yesterday. Over the past few 4-hour candles, we’ve seen the $102.5k level (Weekly Open) reclaimed as support. The key now is for this level to hold, as it provides a solid foundation for further gains. Above this, the $103k mark (Monday High) is currently acting as resistance. A 4-hour close above $103k could open the door for a move toward $105k-$106k. On the flip side, if price retraces lower, we’ll be looking for a reaction at the $100k level. For now, the Monday range stands at $97.6k - $103k. Keep an eye on these levels to determine the next move for BTC.

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