#BTC☀ #100k confrontation
Hello traders! How long will the bears hold the wall at the 100k mark and when will the bulls overcome it?
I think the probability of a breakout is quite high, but I lean towards a correction of 3-7% before breaking 100k, followed by trading and accumulation in a range for about a week and then a further move towards the 115k zone before the New Year.
You can try to hedge long positions with local shorts with short stops during this time, but stay alert and definitely set sl/tp, as well as alerts when the planned price is reached.
What do you think?