The chart of Bitcoin is showing a positive reversal, with the price bouncing strongly from the support level near 89,200. This indicates strong absorption and early buying pressure is occurring. This area has been a reaction point for Bitcoin multiple times before, and whenever a base like this is built, there is often a new price increase. Currently, there are clear signs of momentum returning and investor participation at the right price levels. This is the time when smart traders often get in before significant moves begin.
If you have not opened a position, this could be your opportunity. Don't miss such positive signs. Long-term trading setups can be made in the area from 89,500 to 90,500 with targets TP1: 92,800, TP2: 94,300, TP3: 96,800 and a stop loss at 88,600.
Stay focused, patient, and closely monitor the trend. Such early signals often lead to strong moves in the market.
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If you have not opened a position, this could be your opportunity. Don't miss such positive signs. Long-term trading setups can be made in the area from 89,500 to 90,500 with targets TP1: 92,800, TP2: 94,300, TP3: 96,800 and a stop loss at 88,600.
Stay focused, patient, and closely monitor the trend. Such early signals often lead to strong moves in the market.
⭐️ Register for a Binance account to receive a 20% rebate on Spot, Futures, and Margin trading fees permanently:
➡️ Rebate link: https://accounts.binance.com/register?ref=KO2C41E8
- Referral code: KO2C41E8
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
92,329.07
+2.39%
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