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$BTC
BTC
98,378.79
+1.22%
BTC is showing a bullish reversal. The price has broken out of a falling wedge, which suggests a potential upward movement.
91K-92K was a major order block area where larger buying orders were placed. BTC dipped into the area and collected the liquidity.
106,000 (Red Box) is a strong supply zone where Bitcoin previously topped out.
The next resistance level is $102,575. The price may retest 102,500 and potentially break into the 106,000 zone.
This is just an educational post not a financial advice. Do your own research before taking a trade.
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