#bitcoin - price update:
Nothing changed since the precedent view.
Prices remain very neutral on the daily basis⌛️
Big resistances to watch on: [local]
Downtrend [D1] - 88,100 - 88,900 - 90,000$
91,500 - 94,100$
Lower key supports to be maintained:
85,800 - 85,000 - 83,500$
In my opinion If $BTC keep consolidating into this zone #alts market are going to react upward.
What's next?? 🔴
I've the feeling that #btc is going to retest the 85,000 - 84,500$ level before to see the next major move & breakout📉
[Hard to say on wich side yet]!
Pattern looks similar as many #alts I charted last week, and A possible bear trap (false breakout of the channel) could be see!
I advise you to reduce leverage in long positions & wait for dips to long!
Monitor green support zone! (Im taking a short position :) 📉]