šØ BTC Buy Signal Flashes: Is a Bullish Surge Coming?
Bitcoin (BTC) is catching attention after analyst Ali Charts identified a buy signal on the hourly chart using the TD Sequential indicator, hinting at a potential bullish move if support holds.
š Key Level to Watch:
ā¢ Support: $74,500 ā Maintaining this is crucial for upward momentum.
ā¢ Resistance: $76,000 ā Breaking this level could trigger a stronger rally.
BTCās current price aligns with major Fibonacci levels, suggesting potential targets and resistance points at:
ā¢ 0.382 Level: $75,238
ā¢ 0.5 Level: $75,473
ā¢ 0.618 Level: $75,710
ā¢ 0.786 Level: $76,048
Should BTC surpass $76,000, higher resistance levels include:
ā¢ 1.0 Level: $76,481
ā¢ 1.272 Level: $77,035
ā¢ 1.414 Level: $77,325
BTC is trading at $74,732, up 1.20% over the day and 3.73% for the week. Holding above $74,500 is essential to confirm the bullish outlook; a break below could invalidate the signal and shift sentiment.
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