Bitcoin Eyes Crucial Zones Amid Volatility and Halving Cycle Signals
Bitcoin faces important resistance at $106K, with traders seeing $100K as a possible accumulation zone amidst sharp market reversals. The $103K–$100.5 K range emerges as a tactical buy zone as BTC volatility intensifies and long-side liquidity continues to flush. Historical halving cycles suggest Bitcoin might still see a significant rally, with the 2024 cycle tracking early gains near $74K after 50 days. Bitcoin’s current rate action has kept traders alert as the asset struggles to hold crucial resistance levels. Traders view this level as another resistance to watch closely. Halving Cycle Hints at Potential Upside
Bitcoin faces essential resistance at $106K, with traders viewing $100K as a possible accumulation zone amid sharp market reversals. The $103K–$100.5 K range emerges as a tactical buy zone as BTC volatility intensifies and long-side liquidity continues to flush. Historical halving cycles suggest Bitcoin may still see a significant rally, with the 2024 cycle tracking early gains near $74K after 50 days. Bitcoin’s recent rate action has kept traders alert as the asset struggles to hold crucial resistance levels. Bitcoin bounced but faced immediate rejection near $106,329, a critical resistance level. Traders see this level as another resistance to watch closely. Halving Cycle Tips at Potential Upside
Bitcoin faces important resistance at $106K, with traders seeing $100K as a possible accumulation zone amidst sharp market reversals. The $103K–$100.5 K range emerges as a tactical buy zone as BTC volatility intensifies and long-side liquidity continues to flush. Historical halving cycles suggest Bitcoin might still see a significant rally, with the 2024 cycle tracking early gains near $74K after 50 days. Bitcoin’s current rate action has kept traders alert as the asset struggles to hold crucial resistance levels. Traders view this level as another resistance to watch closely. Halving Cycle Hints at Potential Upside
