#BTCReclaims101K According to Soloway, Bitcoin's next major resistance is between $107,000 and $108,000.
Bitcoin is following a parallel trend, where the price tends to bounce when it reaches the bottom of the range.
Once Bitcoin reaches the $107K-$108K level, a larger correction could occur, which is something to watch out for. Long term vision, support and purchasing opportunity? Looking at the broader Bitcoin trend, past price cycles show a pattern where the highs of previous cycles tend to become support in the next one. He suggests that if Bitcoin moves back to a range between $74,000 and $75,000, this could be a great buying opportunity for the next upward move.
Despite everything, I think you have to pay attention to the market and the possibilities of new scenarios. ......DYOR!!
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