✅ BTC SHORT-TERM WHERE WILL IT GO ⁉️⁉️
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Having just gone through a correction period of BTC, BTC is currently well supported by the horizontal trendline of 86k6. However, after bouncing up to touch the resistance level (the old trendline I drew in red above) around 90.5k, BTC has reacted a bit. However, at this price range, we still need to monitor further. If bit is still well supported by the blue trendline, we will once again move towards the old peak to retest. On the contrary, if the price breaks through and closes the candle below the blue trend, bit is likely to correct deeply.
Please consider your investment decisions!
Many of you still have difficulty understanding how to draw support and resistance with my trend line. But just look at the current price segment created by 2 big trends (in red) created from the uptrend in 2021 and 2024. Really not an easy one!
