BitcoinShort
BTC/USD: Trend Reversal Confirmed – Watch for Breakout
BTC/USD has confirmed a trend reversal, breaking above key moving averages and forming a bullish structure. The price faces resistance at $96,305, with a potential breakout targeting $98,000–$99,000. Support lies at $93,315, making it a critical level for bullish continuation. A breakdown below $93,315 could signal a sell-off toward $92,025 or lower. Traders should watch price action near these levels for entries or exits.
This chart uses customized moving average crossovers, dynamic trendlines, and adaptive VFI for clear buy/sell signals. Simplify your trading with actionable alerts and proven strategies—ideal for scalpers and swing traders. Get the edge you need!
This chart uses customized moving average crossovers, dynamic trendlines, and adaptive VFI for clear buy/sell signals. Simplify your trading with actionable alerts and proven strategies—ideal for scalpers and swing traders. Get the edge you need!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.