Bitcoin $BTC is currently showing strong market structure with key levels to watch.
Bitcoin Technical Analysis (BTC/USDT)
•Support Zones:
$40,000 – $42,000 (major demand area)
$35,000 (strong long-term support)
•Resistance Zones:
$48,000 – $50,000 (psychological resistance)
$55,000 (next breakout target)
Indicators:
RSI: Near neutral zone (possible bullish continuation)
Moving Averages: Price is testing key MA levels
Volume: Increasing volume suggests potential breakout
Market is still volatile, so use stop-loss and proper risk management.
This is not financial advice. Always DYOR.
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