BREAKING
241d 11h ago

BTC Must Hold Above $100,000 to Maintain Breakout Momentum, Warns Analyst

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG highlighted a recent technical analysis from crypto strategist @ali_charts, emphasizing that Bitcoin (BTC) must maintain a price level above $100,000 to preserve its current breakout momentum within the established trading channel. Falling below this critical threshold could trigger a corrective phase, potentially driving BTC’s value down to the channel’s support zone near $78,500. This analysis underscores the importance of key support levels in determining Bitcoin’s short-term price trajectory and market sentiment.

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