#BTC update. The last update happened almost immidiately, BTC choosed the green arrows. It was a fast pump to 89k. It was a turbo mode :-).
After dumping to 87.2k (yellow arrows) it seems that BTC will retest then green channel bottom side 88.8k if it breaks inside BTC will try to do another attempt to brake 90k!(blue arrows)
If this attempt will not be successfull we may see lower lows. Restesting again the upperside of the red channel around 87.2k. If this breaks it will dump to around 82.6k (red arrows).
Please note, this is an analysis to guide my decision-making, not a prediction. I believe indicators like RSI, Bollinger Bands, EMA, and Volume are valuable tools that can help navigate the market.
As mentioned in my previous post, a Black Swan event could disrupt any technical analysis. So, we must tread carefully as if moving through a minefield!
These are my thoughts shared for learning together, not financial advice. Always DYOR.
If you have questions to charts on technical questions do not hesitate to ask! Don't ask me to take decisions for you. Thank you.
