#BTC had not relly a clear direction. But looking back today the previous analysis was correct. Bitcoin retestet 99k and had a good reaction at 98.5k.
After a new tentative to retest the green line 106k. BTC was as well strong rejected and is retesting now 98.5k.
What next? I can see two scenarios. One is that we will have a strong reaction and moving from the bottom of the green channel to the top of it around 106 - 108k.
The second scenario that I believe could come first is to dump to 95k to the bottom of the yellow triangle.
Let's see where the market is going.
What are your ideas? Did you try to make an analysis? Are you long or short? Or are you preferring to stay out of the market, waiting for a clear direction?
Happy to read your comments.
This is not a financial advise.DYOR.
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#BTC #Write2Earn!