Analyzing Bitcoin’s current price action, we see the market trading near $100,000 - 101,500$. If the price stabilizes below $100,400, further declines could follow, with $98,000 as the first critical support level. A bounce from this zone might pave the way for the next bullish phase.
On the flip side, a break above $101,500 could spark renewed buying interest, potentially driving the price above $102,200, signaling a continuation of the upward trend.
⚠️ Key Levels to Watch: • Support: $98,000 • Resistance: $101,500 and $102,200
This analysis will be updated as the market develops. Let me know your thoughts on these possible scenarios, and don’t forget to like and comment to keep the discussion alive!
💡 Always remember: Trade at your own risk.
Best regards, Trade Cryptocurrency Stay tuned for more updates!
Bitcoin reclaiming $101k is a significant milestone, reflecting strong market sentiment and renewed investor confidence. However, predicting its future trend depends on various factors. As long as it is BTC, always having hope and zero fear
$DOT Approaching Symmetrical Triangle Apex – Big Move Imminent! 🚨
Polkadot ($DOT ) is trading at $10.306, currently consolidating within a symmetrical triangle pattern on the 4-hour chart. With shrinking volatility, DOT is nearing the apex of the triangle, signaling a potential breakout in either direction.
💡 Key Levels to Watch 💡
Resistance: $10.640 – Breakout above could trigger bullish momentum.
Support: $10.190 – Breakdown below may lead to further downside.
📈 Bullish Scenario:
Entry: Above $10.640
Take Profits: $11.000, $11.300, $11.800
Stop Loss: $10.400
📉 Bearish Scenario:
Entry: Below $10.190
Take Profits: $9.800, $9.500, $9.200
Stop Loss: $10.400
⚠️ Prediction: The symmetrical triangle suggests a potential breakout. A breach of the resistance could see DOT rally toward $11.800 or beyond, while a breakdown below support might drive the price toward $9.200. Trade cautiously, as volume will confirm the next move.
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