#BitcoinKeyZone
BTC was bearish yesterday as aspected. But not so much as I presumed, in fact it is still in a decision state. Bulls and bears are evaluating what to do. We are in kind of no trade zone.
As per yesterday analysing the chart it can be seen there is a possibility to touch ATH again if it breaks 101.2k and than 101.5k.
The RSI is still showing 50 neutral.
The Bollinger indicator shows we are neutral, it can go up or down no clear direction.
MACD is showing a reversal, but the volume are missing and without volume we are going nowhere.
Only if the volume will increase rapidly we can see a retest of 101.5k otherwise I think it is inevitable to retest 99.6k and than 98.5k.
In fact this is a dangerous zone to go in long especially in future.
Furthermore, there is more liquidity around 98.5k which makes is attractive.
Also above 102k - 103k.
And there is also still a lot of liquidity at the bottom around 93k-94k.
Support level are 99.6k, 98.5k, 97.2k, 94.5k, 90k.
Position your self wisely.
Let's see where the market is going first. Keep save.
If you have questions, feel free to ask.
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This is not a financial advise. DYOR.
