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 page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
7
Repost
Share
Comment
0/400
TradFiRefugee
· 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.
View OriginalReply0
LiquidityNinja
· 8h ago
Here we go again, talking about positive signals... the last time I said that, I got hit with a 50% drop.
View OriginalReply0
potentially_notable
· 8h ago
Oh wow, "first positive signal" again? I must hear that a hundred times a year😅
View OriginalReply0
AirdropLicker
· 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?
View OriginalReply0
gas_fee_therapist
· 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_NoFilter
· 8h ago
Signals are all lies, let's wait and see...
View OriginalReply0
CommunityLurker
· 8h ago
Hmm... Is the support level about to break again? Is this really different this time?
Bitcoin Shows First Constructive Signals – Technical Analysis Points to Key Support and Resistance Levels
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.