Bitcoin Shows First Constructive Signals – Technical Analysis Points to Key Support and Resistance Levels

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Source: CryptoNewsNet Original Title: Analysis Firm Announces: First Positive Signals Begin to Emerge for Bitcoin – Here’s What They’re Waiting For Original Link: According to the latest technical analysis from cryptocurrency analytics company MakroVision, the Bitcoin market is beginning to show constructive signals.

Bitcoin has successfully surpassed a significant technical threshold by reclaiming its strong support zone between $93,200 and $94,200 following recent sharp sell-offs. MakroVision emphasizes that a positive retest of this region in the short term is critical for maintaining bullish momentum.

Upside Scenario

If Bitcoin holds above the $93,200-$94,200 support range, the bullish momentum will be maintained and the likelihood of continued upward movement increases significantly. The market is expected to enter a recovery phase, with the next liquidity zone becoming the immediate target. Above that, the upper red trend line intersecting with the $105,450 level stands out as the most significant resistance cluster in the short term and represents the potential maximum target zone.

Downside Risks

MakroVision also highlights downside vulnerabilities. A strong break below the $91,700 level would significantly weaken upward momentum and create a clear warning signal for the market.

This is not investment advice.

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TradFiRefugeevip
· 1h ago
Coming back with the same story? Every time you say there are positive signals, but what’s the result... Is it true or false? Let’s wait and see.
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LiquidityNinjavip
· 8h ago
Here we go again, talking about positive signals... the last time I said that, I got hit with a 50% drop.
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potentially_notablevip
· 8h ago
Oh wow, "first positive signal" again? I must hear that a hundred times a year😅
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AirdropLickervip
· 8h ago
Starting to talk about constructive signals again. I'm already tired of this set of talking points. If it's really going to rise, why wait for support levels?
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gas_fee_therapistvip
· 8h ago
Coming back for this again? Every time you say "constructive signal," but then you rug immediately after. I've learned my lesson.
View OriginalReply0
ETHmaxi_NoFiltervip
· 8h ago
Signals are all lies, let's wait and see...
View OriginalReply0
CommunityLurkervip
· 8h ago
Hmm... Is the support level about to break again? Is this really different this time?
View OriginalReply0
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