Something like it is expected
$94,400 first then we need to analyze again charts.
Will share more details in few hours.
MU_Traders
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Alhamdulillah ❤️ ,
Yesterday we analyzed $BTC chart on 1H TF and marked $95,300 area as resistance area. Market gave respect by don't closing 1H above $95,300. Here is what is next expected price action of #bitcoin .
If we look on #BTC☀ 1H TF chart it is clearly showing bearish chart. $95,300 is acting as strong resistance. There is too much liquidation amount below $91K so most probability is that BTC move downward to liquidate them. That is first reason.
Second reason is that when price try to break $93,500 zone volume increase suddenly and price drop showing exit of smart money from #Bitcoin❗ . It is also hinting downward price move of BTC in upcoming days.
After combining both things we can say that #BTC can dump to $92K zone. If it go till $91K area I will start buying partially in alts.
It is my personal opinion do your own before taking any financial decision. Don't forget to like post and follow for more updates .
Yesterday we analyzed $BTC chart on 1H TF and marked $95,300 area as resistance area. Market gave respect by don't closing 1H above $95,300. Here is what is next expected price action of #bitcoin .
If we look on #BTC☀ 1H TF chart it is clearly showing bearish chart. $95,300 is acting as strong resistance. There is too much liquidation amount below $91K so most probability is that BTC move downward to liquidate them. That is first reason.
Second reason is that when price try to break $93,500 zone volume increase suddenly and price drop showing exit of smart money from #Bitcoin❗ . It is also hinting downward price move of BTC in upcoming days.
After combining both things we can say that #BTC can dump to $92K zone. If it go till $91K area I will start buying partially in alts.
It is my personal opinion do your own before taking any financial decision. Don't forget to like post and follow for more updates .
Izjava o omejitvi odgovornosti: Vključuje mnenja tretjih oseb. Ni finančni nasvet. Lahko vključuje sponzorirano vsebino. Glejte Pogoje.
BTC
97.193,35
+3.34%
Odgovori 9
Kotacija 2
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