$BTC pancake, the early market weekly line still closed above 97960.
🏁 On the daily level, currently moving within the range of 97000-99500, selecting a direction; only if it firmly stands above 99500, will it be a reversal. The resistance level above on the daily is around 104000, and the support level below is around 92000. A significant drop below this could see levels at 88900 and 85500.
🏁 On the 4-hour level, last night there was a false break below 97660, after a pullback confirmation it closed back above 98268, breaking the neckline formed a double bottom, closing effectively above 98600, direction is upward. A significant drop below 97650 would see the neckline broken, direction turning downward. Support and resistance as shown in the chart; why are all the images I sent so blurry…..
🤔 Who knows if there will be a crash or surge? This is something the main players know. Retail investors should follow how the main players move. When considering the market, be prepared for both outcomes, without an absolute view on bullish or bearish, and avoid assumptions. Analyze the market with a confident mindset, without holding such a large amount of capital, why should one influence whether the market goes up or down? 🤪