⚠️ Greetings to all members of our esteemed and powerful crypto community! ⚠️
➡️ The situation on the cryptocurrency market at the moment is encouraging, but it is necessary to remember that cryptocurrency is a high-risk asset! Therefore, it is important to follow the rules of money management and risk management! You should not completely rely on someone else's opinion, because a mistake made now can cost you very dearly - probably all or most of your deposit!
➡️ Regarding the current situation with BTC I can say the following: I am currently highlighting the 76700 zone as a resistance level, which I believe is the "key" to the 77800 level. There is no need to worry because of their close proximity! I believe that 76700 at the moment is a local "magnet", which the price is most likely to reach! Thus, in my opinion, 76700 could provide resistance and prevent the price from rising above the 77800 level at this stage, which could be a local trigger from 76700 and lead to an unloading on the 4-hour timeframe, which I believe is necessary at this time.
If we consider an alternative scenario, given the strength of ETFs, market psychology (correction expectations), euphoria and the attractiveness of the $100000 level for BTC, the following scenario is possible:
The price continues its impulsive movement, overcoming the 77800 level and reaching the 83800 level, where there is an unloading and local correction within the 4-hour timeframe to the 77800-76700 level. A sideways trend is then possible within the 1-day timeframe and probably the 2-day timeframe, after which the final chord could be a price move through an impulse candle on divergence to the 91600 +/- level - this is highly unlikely. A more likely scenario is a full or partial unloading on the 1-day timeframe after reaching the 83800 +/- level with a correction to the 80000 level and then to the 73000 +/- level
❗️Конечно, there is a possibility of error or a change in the situation!
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