Ukuhlaziywa Kwezintengo zeBitcoin - Amashaji we-Bitcoin aphinde abhekise ekumelaneni okubalulekile, Ngabe Kuyophumelela Ngalesi sikhathi?

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ITHELELELI

IZIPHUMA

• Bitcoin is brewing for a fresh increase, but insignificant volatility is keeping rally in suspense.
• If buyers fail to push above $9000, Bitcoin would remain in the wood

After establishing small support around $8700 yesterday, Bitcoin is now completing an inverse head-and-shoulder pattern on the 4-hours chart and at the same time forming a rising triangle on the hourly chart. This bullish formation would become valid once Bitcoin overcomes $9000 resistance. If not, Bitcoin would continue to suffer under bears’ control.

Amazinga wokumelana abalulekile: $ 9000, $ 9500
Amazinga wokusekela abalulekile: $ 8700, $ 8500

Ukuhlaziywa Kwamanani weBitcoin (BTC): 4H - Bullish

Yesterday, Bitcoin fell slightly to $8700 after failing to breach $9000 resistance, which is the neckline of the head-and-shoulder pattern. Following this drops, Bitcoin is now slowly bouncing back and at the same time forming a right shoulder. Once Bitcoin reaches the neckline ($9000), a clean break should push gains to the white resistance line of $9500.

As can be seen on the chart, Bitcoin’s volume is still low at the moment. If the $9000 continues to reject price, Bitcoin may fall back at $8700 support. In case this support could not contain selling pressure, the price could further bottom at $8500. Even though Bitcoin’s price is still down, we can say the current setup shows that buyers are around the corner.

Ukuhlaziywa Kwamanani weBitcoin (BTC): Ishadi Lehora - Bullish

For the past few days now, Bitcoin has been facing a critical resistance at $9000. Meanwhile, the market is stylishly forming a rising triangle pattern, which suggests an incoming bullish move for Bitcoin. Volatility is now shrinking as trading nears a tight range on the triangle. A potential breakout is around the corner.

If Bitcoin breaks above this triangle – $9000, we can expect immediate resistance at $9200. The next important level to watch out for is $9500 resistance. In the opposite direction, Bitcoin is currently supported by $8700. If Bitcoin drops below this support, the next key support to keep an eye on is $8500, marked orange on the hourly chart.

BITCOIN BUY oda

Thenga: $ 8836
I-TP: $ 9000
SL: $ 8688