bitcoin latest

    bitcoin chart 








Support / Resistance Zones

  • A key support level is cited around $110,230 USD (and for the long term, ~$101,430)

     
 .                   Resistance is around $124,700 – $125,000 in the short to medium term.

Volatility & Range

  • Bitcoin’s 50-day, 100-day, 200-day averages show the price is above the 200-day average, indicating some longer-term strength.



Scenario Conditions / Trigger Price Action Expectation
Bullish continuation Bitcoin holds above $110,200 – $110,500 support and breaks above the resistance zone around $124,700 – $125,000 Possible push toward $135,000 – $140,000 in an extended rally
Range or Sideways Bitcoin oscillates between $110,000 support and $124,000–125,000 resistance without a strong breakout Choppy price action, fade moves near extremes
Bearish breakdown Loss of support near $110,000, especially a break and close below that zone Retest of $100,000 area or lower support zones





Post a Comment

Previous Post Next Post