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BTC/USDT
TF:4H
Bitcoin managed to reach the target of $110,000, in line with the bullish scenario of the previous analysis. 🚀
Currently, the price is near the supply range. If Bitcoin can consolidate above this area this week, we can expect the upward trend to continue. Otherwise, the market reaction to this supply level should be closely monitored. 🛡
📉 In case of correction, the $105,000 area can still act as a valid area of ​​support and demand in the market.
📊 Key areas:
- Demand areas:
$104,200 - $106,000
- Supply areas:
$112,500 - $114,000
$118,000 - $119,500
What do you think of this analysis? Will Bitcoin’s upward trend continue? 3 replies
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