Bitcoin (BTC/USD) chart:
🔹 Timeframe: 30-min
🔹 Price action: BTC is trading at $111,674, continuing its recovery after bouncing from support near $110,377.
🔹 Bollinger Bands: Price is testing the upper band ($111,908), suggesting bullish momentum but also possible near-term overextension.
🔹 Support levels: $111,142 (mid-BB), $110,377 (lower BB).
🔹 Resistance levels: $111,900 → $112,200 zone.
📊 Bias: Short-term bullish while above $111,200. A break over $111,900 could open the path to $112,500+.
Bitcoin (BTC/USD)…………………….
byu/Agreeable_Pattern300 inBitcoinBeginners
Posted by Agreeable_Pattern300