#BTC☀️ Long term Trendline Resistance spotted in #BTC .
This is Multiyear Resistance and Market expected to give respect to it. There are 4 Scenarios -
1) Market will rangebound here till end of this week and start declining upto 73k slowly till january before trumps SWORN IN AND THEN it will start pumping again.
2) BTC gives a wick upto magical $100k mark then comes down rapidly and end the week below this trendline.
3) Market stays between 90k-102k till end of this month and then comes down from december 1st week.Monthly candle is important as we observed in XAUUSD .it was bullish till October end,then once november started gold falling rapidly.Same can happen with BTC too.
4) Once Market breaks this resistance and stays above it for three weeks then we will expect $150k by end of 2025 ..
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